Jane Street Group LLC Has $487,000 Holdings in BOK Financial Co. (NASDAQ:BOKF)

Jane Street Group LLC trimmed its position in BOK Financial Co. (NASDAQ:BOKF - Free Report) by 89.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,578 shares of the bank's stock after selling 39,983 shares during the period. Jane Street Group LLC's holdings in BOK Financial were worth $487,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of BOK Financial by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 2,445,542 shares of the bank's stock valued at $260,328,000 after acquiring an additional 11,418 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in BOK Financial by 4.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,372,203 shares of the bank's stock valued at $252,526,000 after purchasing an additional 98,588 shares during the last quarter. AQR Capital Management LLC lifted its stake in BOK Financial by 80.0% in the fourth quarter. AQR Capital Management LLC now owns 414,548 shares of the bank's stock valued at $44,129,000 after buying an additional 184,261 shares during the period. Geode Capital Management LLC lifted its stake in BOK Financial by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 410,570 shares of the bank's stock valued at $43,718,000 after buying an additional 5,028 shares during the period. Finally, Norges Bank bought a new position in BOK Financial during the fourth quarter worth about $23,516,000. 34.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. 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 research report on Tuesday, April 8th. Jefferies Financial Group initiated coverage on shares of BOK Financial in a research report on Wednesday, May 21st. They issued a "hold" rating and a $105.00 price target on the stock. Stephens cut their price target on shares of BOK Financial from $124.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 23rd. Wall Street Zen downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a research report on Monday, March 17th. Finally, DA Davidson dropped their price objective on BOK Financial from $122.00 to $114.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Eight 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, the stock currently has a consensus rating of "Hold" and a consensus target price of $111.00.

BOK Financial Stock Up 0.0%

BOK Financial stock traded up $0.02 during midday trading on Friday, reaching $94.63. The stock had a trading volume of 305,862 shares, compared to its average volume of 161,588. The firm's fifty day simple moving average is $94.38 and its 200-day simple moving average is $104.82. BOK Financial Co. has a 1-year low of $85.08 and a 1-year high of $121.58. The stock has a market capitalization of $6.08 billion, a P/E ratio of 11.64 and a beta of 0.87. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 0.75.

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

BOK Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors 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 annualized dividend and a yield of 2.41%. BOK Financial's payout ratio is presently 26.21%.

About BOK Financial

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.