BOK Financial (NASDAQ:BOKF) Given New $100.00 Price Target at Citigroup

BOK Financial (NASDAQ:BOKF - Get Free Report) had its target price upped by investment analysts at Citigroup from $97.00 to $100.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "neutral" rating on the bank's stock. Citigroup's target price indicates a potential downside of 2.87% from the company's previous close.

Other research analysts have also issued research reports about the company. DA Davidson reduced their price target on BOK Financial from $122.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Royal Bank Of Canada reduced 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. Wells Fargo & Company reduced their price target on BOK Financial from $120.00 to $100.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th. Jefferies Financial Group began coverage on shares of BOK Financial in a report on Wednesday, May 21st. They issued a "hold" rating and a $105.00 price objective on the stock. Finally, Hovde Group reduced their price objective on shares of BOK Financial from $122.00 to $110.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, BOK Financial presently has an average rating of "Hold" and an average price target of $110.08.

BOK Financial Trading Up 0.8%

Shares of NASDAQ BOKF traded up $0.77 during trading on Wednesday, hitting $102.96. 338,982 shares of the company were exchanged, compared to its average volume of 166,996. BOK Financial has a 12-month low of $85.08 and a 12-month high of $121.58. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.76 and a current ratio of 0.76. The company has a fifty day moving average price of $95.57 and a 200-day moving average price of $101.18. The firm has a market capitalization of $6.62 billion, a PE ratio of 11.83 and a beta of 0.86.

BOK Financial (NASDAQ:BOKF - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The bank reported $1.86 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.15). BOK Financial had a return on equity of 9.51% and a net margin of 16.39%. The company had revenue of $500.37 million for the quarter, compared to analysts' expectations of $520.86 million. As a group, equities research analysts expect that BOK Financial will post 8.83 EPS for the current year.

Institutional Trading of BOK Financial

Hedge funds have recently made changes to their positions in the business. Picton Mahoney Asset Management acquired a new stake in shares of BOK Financial during the fourth quarter worth about $30,000. True Wealth Design LLC lifted its position in shares of BOK Financial by 66.9% during the fourth quarter. True Wealth Design LLC now owns 282 shares of the bank's stock worth $30,000 after purchasing an additional 113 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of BOK Financial during the first quarter worth about $47,000. US Bancorp DE lifted its position in shares of BOK Financial by 12.5% during the fourth quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after purchasing an additional 121 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its position in shares of BOK Financial by 538.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank's stock worth $126,000 after purchasing an additional 997 shares in the last quarter. Institutional investors and hedge funds own 34.44% of the company's stock.

BOK Financial Company Profile

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.