Two Sigma Investments LP Has $3.82 Million Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Two Sigma Investments LP lessened its stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,878 shares of the bank's stock after selling 3,898 shares during the period. Two Sigma Investments LP owned 0.06% of BOK Financial worth $3,819,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BOKF. Picton Mahoney Asset Management bought a new position in BOK Financial during the 4th quarter worth $30,000. True Wealth Design LLC increased its stake in BOK Financial by 66.9% during the 4th quarter. True Wealth Design LLC now owns 282 shares of the bank's stock worth $30,000 after acquiring an additional 113 shares during the period. Venturi Wealth Management LLC increased its stake in BOK Financial by 33.8% during the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock worth $42,000 after acquiring an additional 100 shares during the period. US Bancorp DE increased its stake in BOK Financial by 12.5% during the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after acquiring an additional 121 shares during the period. Finally, Aster Capital Management DIFC Ltd increased its stake in BOK Financial by 538.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank's stock worth $126,000 after acquiring an additional 997 shares during the period. Institutional investors own 34.44% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BOKF shares. Stephens decreased their price target 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. Hovde Group decreased their price target on BOK Financial from $122.00 to $110.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Jefferies Financial Group started coverage on BOK Financial in a research note on Wednesday, May 21st. They issued a "hold" rating and a $105.00 price target on the stock. Wall Street Zen lowered BOK Financial from a "buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, Raymond James set a $105.00 price target on BOK Financial in a research note on Tuesday, April 22nd. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $111.00.

BOK Financial Price Performance

Shares of NASDAQ BOKF traded down $0.14 during mid-day trading on Monday, hitting $94.28. 305,947 shares of the stock traded hands, compared to its average volume of 162,112. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79. BOK Financial Co. has a twelve month low of $85.08 and a twelve month high of $121.58. The company has a market cap of $6.06 billion, a PE ratio of 11.60 and a beta of 0.87. The firm has a 50 day simple moving average of $94.16 and a two-hundred day simple moving average of $104.53.

BOK Financial (NASDAQ:BOKF - Get Free Report) last announced 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 company 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 research analysts forecast 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. Shareholders of record on Thursday, May 15th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.42%. The ex-dividend date of this dividend was Thursday, May 15th. BOK Financial's payout ratio is presently 26.21%.

BOK Financial Company 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.