Captrust Financial Advisors Has $79.54 Million Stock Holdings in Bank OZK (NASDAQ:OZK)

Captrust Financial Advisors lifted its holdings in Bank OZK (NASDAQ:OZK - Free Report) by 5.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,786,155 shares of the company's stock after purchasing an additional 87,299 shares during the period. Captrust Financial Advisors owned approximately 1.57% of Bank OZK worth $79,537,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC lifted its holdings in shares of Bank OZK by 1.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 11,184 shares of the company's stock valued at $498,000 after purchasing an additional 193 shares during the last quarter. Bank of Montreal Can increased its position in Bank OZK by 0.5% during the fourth quarter. Bank of Montreal Can now owns 46,832 shares of the company's stock worth $2,085,000 after buying an additional 241 shares during the period. Principal Securities Inc. lifted its stake in Bank OZK by 12.7% in the fourth quarter. Principal Securities Inc. now owns 2,509 shares of the company's stock valued at $112,000 after buying an additional 283 shares during the last quarter. Horrell Capital Management Inc. boosted its holdings in shares of Bank OZK by 0.3% in the fourth quarter. Horrell Capital Management Inc. now owns 106,878 shares of the company's stock valued at $4,759,000 after acquiring an additional 304 shares during the period. Finally, Arizona State Retirement System grew its position in shares of Bank OZK by 1.0% during the fourth quarter. Arizona State Retirement System now owns 31,253 shares of the company's stock worth $1,392,000 after acquiring an additional 305 shares during the last quarter. 86.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OZK has been the topic of a number of research reports. Morgan Stanley lowered their price target on Bank OZK from $58.00 to $54.00 and set an "equal weight" rating on the stock in a report on Thursday, March 13th. Wells Fargo & Company decreased their price target on Bank OZK from $48.00 to $40.00 and set an "equal weight" rating for the company in a report on Wednesday, April 9th. Keefe, Bruyette & Woods dropped their price objective on shares of Bank OZK from $50.00 to $48.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Finally, Stephens reduced their target price on shares of Bank OZK from $59.00 to $54.00 and set an "equal weight" rating for the company in a research note on Monday, April 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Bank OZK has an average rating of "Hold" and an average target price of $49.13.

Bank OZK Stock Performance

Shares of NASDAQ:OZK traded up $1.06 during trading on Thursday, reaching $44.83. 718,837 shares of the company's stock traded hands, compared to its average volume of 1,334,835. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.03 and a quick ratio of 1.02. The company has a 50 day moving average of $42.55 and a 200-day moving average of $45.76. Bank OZK has a 12 month low of $35.71 and a 12 month high of $53.64. The stock has a market capitalization of $5.09 billion, a P/E ratio of 7.30 and a beta of 0.85.

Bank OZK (NASDAQ:OZK - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.05. The business had revenue of $409.23 million during the quarter, compared to the consensus estimate of $403.05 million. Bank OZK had a return on equity of 13.90% and a net margin of 25.83%. During the same period in the previous year, the firm posted $1.51 earnings per share. On average, equities analysts expect that Bank OZK will post 6.02 EPS for the current year.

Bank OZK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 14th were issued a $0.43 dividend. This is an increase from Bank OZK's previous quarterly dividend of $0.42. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend was Monday, April 14th. Bank OZK's payout ratio is presently 28.20%.

Bank OZK Company Profile

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.