Envestnet Asset Management Inc. Has $2.03 Million Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Envestnet Asset Management Inc. decreased its stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 13.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,105 shares of the bank's stock after selling 2,987 shares during the period. Envestnet Asset Management Inc.'s holdings in BOK Financial were worth $2,034,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of BOK Financial by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 2,445,542 shares of the bank's stock worth $260,328,000 after acquiring an additional 11,418 shares during the period. Geode Capital Management LLC lifted its holdings in BOK Financial by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 410,570 shares of the bank's stock worth $43,718,000 after purchasing an additional 5,028 shares during the last quarter. Norges Bank bought a new stake in BOK Financial in the 4th quarter valued at $23,516,000. Wells Fargo & Company MN grew its holdings in BOK Financial by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 89,180 shares of the bank's stock valued at $9,493,000 after buying an additional 3,059 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in BOK Financial during the 4th quarter worth $6,138,000. Institutional investors and hedge funds own 34.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on BOKF shares. Wells Fargo & Company reduced their target price on shares of 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. DA Davidson decreased their target price on shares of BOK Financial from $122.00 to $114.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Hovde Group lowered their target price 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. StockNews.com cut BOK Financial from a "buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, Stephens lowered their price objective on BOK Financial from $124.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 23rd. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $111.60.

BOK Financial Price Performance

Shares of BOKF traded up $1.89 during midday trading on Friday, hitting $95.58. The company's stock had a trading volume of 17,531 shares, compared to its average volume of 154,743. The company has a quick ratio of 0.79, a current ratio of 0.75 and a debt-to-equity ratio of 0.57. BOK Financial Co. has a one year low of $85.08 and a one year high of $121.58. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 11.78 and a beta of 0.93. The company's fifty day simple moving average is $97.82 and its two-hundred day simple moving average is $106.99.

BOK Financial (NASDAQ:BOKF - Get Free Report) last issued its 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). The business had revenue of $500.37 million for the quarter, compared to analyst estimates of $520.86 million. BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. As a group, equities analysts expect that BOK Financial Co. will post 8.83 earnings per share for the current fiscal year.

BOK Financial 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.