Quantinno Capital Management LP Has $1.75 Million Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Quantinno Capital Management LP boosted its holdings in BOK Financial Co. (NASDAQ:BOKF - Free Report) by 135.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,437 shares of the bank's stock after buying an additional 9,450 shares during the period. Quantinno Capital Management LP's holdings in BOK Financial were worth $1,750,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Picton Mahoney Asset Management acquired a new stake in BOK Financial in the fourth quarter worth $30,000. Venturi Wealth Management LLC raised its holdings in BOK Financial by 33.8% in the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock worth $42,000 after purchasing an additional 100 shares during the period. US Bancorp DE raised its holdings in BOK Financial by 12.5% in the fourth quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after purchasing an additional 121 shares during the period. Aster Capital Management DIFC Ltd raised its holdings in BOK Financial by 538.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank's stock worth $126,000 after purchasing an additional 997 shares during the period. Finally, KBC Group NV raised its holdings in BOK Financial by 32.7% in the fourth quarter. KBC Group NV now owns 1,201 shares of the bank's stock worth $128,000 after purchasing an additional 296 shares during the period. 34.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on BOKF. Wells Fargo & Company cut their target price on shares of BOK Financial from $120.00 to $100.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th. Barclays lowered their price objective on shares of 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. Hovde Group lowered their price objective on shares of BOK Financial from $122.00 to $110.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Stephens lowered their price objective on shares of BOK Financial from $124.00 to $110.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 23rd. Finally, DA Davidson lowered their price objective on shares of BOK Financial from $122.00 to $114.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, BOK Financial currently has a consensus rating of "Hold" and a consensus price target of $111.00.

BOK Financial Stock Down 0.6%

BOK Financial stock traded down $0.53 during mid-day trading on Friday, reaching $92.90. The company's stock had a trading volume of 130,250 shares, compared to its average volume of 160,310. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 11.43 and a beta of 0.87. BOK Financial Co. has a 12 month low of $85.08 and a 12 month high of $121.58. The business's 50 day simple moving average is $95.33 and its 200 day simple moving average is $105.59. 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 released its earnings results on Monday, April 21st. The bank reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.01 by ($0.15). The business had revenue of $500.37 million during the quarter, compared to the consensus estimate of $520.86 million. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. 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 will be paid on Wednesday, May 28th. Investors of record on Thursday, May 15th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, May 15th. BOK Financial's dividend payout ratio (DPR) is currently 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.