Two Sigma Advisers LP Boosts Holdings in BOK Financial Co. (NASDAQ:BOKF)

Two Sigma Advisers LP lifted its stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 33.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 24,183 shares of the bank's stock after buying an additional 6,000 shares during the quarter. Two Sigma Advisers LP's holdings in BOK Financial were worth $2,574,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Venturi Wealth Management LLC grew its position in BOK Financial by 33.8% in the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock valued at $42,000 after acquiring an additional 100 shares during the last quarter. CIBC Asset Management Inc boosted its position in BOK Financial by 5.5% in the fourth quarter. CIBC Asset Management Inc now owns 2,041 shares of the bank's stock valued at $217,000 after buying an additional 107 shares in the last quarter. True Wealth Design LLC grew its stake 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 buying an additional 113 shares during the last quarter. US Bancorp DE increased its holdings 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 buying an additional 121 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in shares of BOK Financial by 7.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,283 shares of the bank's stock valued at $349,000 after acquiring an additional 218 shares during the last quarter. Institutional investors own 34.44% of the company's stock.

BOK Financial Stock Performance

Shares of BOKF stock traded up $0.02 during trading on Friday, hitting $94.63. The company's stock had a trading volume of 305,862 shares, compared to its average volume of 161,535. The company has a market cap of $6.08 billion, a PE ratio of 11.64 and a beta of 0.87. The company has a current ratio of 0.75, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $94.38 and a 200-day moving average of $104.67. BOK Financial Co. has a 52 week low of $85.08 and a 52 week high of $121.58.

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

BOK Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.28 dividend on an annualized basis and a yield of 2.41%. BOK Financial's payout ratio is 26.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BOKF shares. Barclays cut their price target on shares of BOK Financial from $115.00 to $110.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Royal Bank of Canada reduced their price objective on shares of BOK Financial from $119.00 to $104.00 and set a "sector perform" rating for the company in a research report on Wednesday, April 23rd. Hovde Group cut their price target on BOK Financial from $122.00 to $110.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. DA Davidson lowered their target price on shares of BOK Financial from $122.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company cut their price target on BOK Financial from $120.00 to $100.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 9th. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, BOK Financial presently has an average rating of "Hold" and an average price target of $111.00.

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.