BOK Financial Co. (NASDAQ:BOKF) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its holdings in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 90.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,689 shares of the bank's stock after purchasing an additional 15,970 shares during the period. Deutsche Bank AG owned about 0.05% of BOK Financial worth $3,586,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Merit Financial Group LLC acquired a new stake in BOK Financial during the 4th quarter worth approximately $256,000. SG Americas Securities LLC raised its position in BOK Financial by 433.0% in the 4th quarter. SG Americas Securities LLC now owns 9,216 shares of the bank's stock valued at $981,000 after purchasing an additional 7,487 shares in the last quarter. KBC Group NV boosted its stake in shares of BOK Financial by 32.7% in the 4th quarter. KBC Group NV now owns 1,201 shares of the bank's stock valued at $128,000 after buying an additional 296 shares during the period. Meritage Portfolio Management acquired a new position in shares of BOK Financial during the fourth quarter worth about $444,000. Finally, Entropy Technologies LP acquired a new position in shares of BOK Financial during the fourth quarter worth about $671,000. Institutional investors and hedge funds own 34.44% of the company's stock.

BOK Financial Stock Performance

NASDAQ:BOKF traded down $0.53 during trading hours on Monday, reaching $92.90. 130,250 shares of the company's stock were exchanged, compared to its average volume of 160,310. BOK Financial Co. has a 1-year low of $85.08 and a 1-year high of $121.58. The company has a quick ratio of 0.79, a current ratio of 0.75 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of 11.43 and a beta of 0.87. The company has a 50-day moving average of $95.11 and a 200 day moving average of $105.28.

BOK Financial (NASDAQ:BOKF - Get Free Report) last announced its earnings results 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). 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%. Research analysts anticipate that BOK Financial Co. will post 8.83 EPS for the current year.

BOK Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, May 15th will be paid a $0.57 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.28 annualized dividend and a dividend yield of 2.45%. BOK Financial's dividend payout ratio (DPR) is currently 26.21%.

Analyst Upgrades and Downgrades

BOKF has been the subject of a number of recent research reports. Raymond James set a $105.00 price target on shares of BOK Financial in a research note on Tuesday, April 22nd. Wall Street Zen downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a research note on Monday, March 17th. Wells Fargo & Company dropped their target price 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. Royal Bank of Canada decreased their price target on BOK Financial from $119.00 to $104.00 and set a "sector perform" rating for the company in a report on Wednesday, April 23rd. Finally, Barclays lowered their price objective on BOK Financial from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus 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.