Barclays PLC Has $3.58 Million Position in BOK Financial Co. (NASDAQ:BOKF)

Barclays PLC grew its stake in BOK Financial Co. (NASDAQ:BOKF - Free Report) by 67.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,658 shares of the bank's stock after purchasing an additional 13,611 shares during the period. Barclays PLC owned about 0.05% of BOK Financial worth $3,581,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in BOK Financial during the 4th quarter worth approximately $23,516,000. FIL Ltd bought a new stake in shares of BOK Financial in the 4th quarter valued at about $6,281,000. Raymond James Financial Inc. bought a new stake in shares of BOK Financial in the 4th quarter valued at about $6,138,000. Treasurer of the State of North Carolina increased its holdings in BOK Financial by 352.3% during the 4th quarter. Treasurer of the State of North Carolina now owns 44,832 shares of the bank's stock valued at $4,772,000 after purchasing an additional 34,920 shares during the period. Finally, Ieq Capital LLC purchased a new position in shares of BOK Financial during the 4th quarter worth approximately $2,984,000. 34.44% of the stock is currently owned by institutional investors and hedge funds.

BOK Financial Price Performance

Shares of NASDAQ:BOKF traded up $0.52 during trading hours on Thursday, hitting $93.69. 367,172 shares of the company's stock traded hands, compared to its average volume of 155,275. BOK Financial Co. has a 52 week low of $85.08 and a 52 week high of $121.58. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 0.75. The company's fifty day simple moving average is $98.09 and its two-hundred day simple moving average is $107.10. The company has a market cap of $6.02 billion, a price-to-earnings ratio of 11.52 and a beta of 0.93.

BOK Financial (NASDAQ:BOKF - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The bank reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.01 by ($0.15). BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. The company had revenue of $500.37 million during the quarter, compared to analyst estimates of $520.86 million. As a group, equities analysts anticipate that BOK Financial Co. will post 8.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Barclays lowered their price objective on BOK Financial from $115.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Hovde Group cut their price objective on BOK Financial from $122.00 to $110.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. DA Davidson lowered their target price on BOK Financial from $122.00 to $114.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Wells Fargo & Company lowered their target price on BOK Financial from $120.00 to $100.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 9th. Finally, Royal Bank of Canada decreased their price target on BOK Financial from $119.00 to $104.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 23rd. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $111.60.

About BOK Financial

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.