BOK Financial Co. (NASDAQ:BOKF) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in BOK Financial Co. (NASDAQ:BOKF - Free Report) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,114 shares of the bank's stock after selling 3,495 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.12% of BOK Financial worth $8,422,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Squarepoint Ops LLC boosted its holdings in shares of BOK Financial by 42.7% in the fourth quarter. Squarepoint Ops LLC now owns 18,762 shares of the bank's stock valued at $1,997,000 after acquiring an additional 5,617 shares during the period. Twinbeech Capital LP acquired a new stake in shares of BOK Financial in the fourth quarter valued at approximately $1,652,000. Two Sigma Advisers LP boosted its holdings in shares of BOK Financial by 33.0% in the fourth quarter. Two Sigma Advisers LP now owns 24,183 shares of the bank's stock valued at $2,574,000 after acquiring an additional 6,000 shares during the period. True Wealth Design LLC boosted its holdings in shares of BOK Financial by 66.9% in the fourth quarter. True Wealth Design LLC now owns 282 shares of the bank's stock valued at $30,000 after acquiring an additional 113 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in shares of BOK Financial by 135.3% in the fourth quarter. Quantinno Capital Management LP now owns 16,437 shares of the bank's stock valued at $1,750,000 after acquiring an additional 9,450 shares during the period. 34.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BOKF shares. Jefferies Financial Group started coverage on BOK Financial in a report on Wednesday, May 21st. They set a "hold" rating and a $105.00 price target for the company. DA Davidson decreased their price target on BOK Financial from $122.00 to $114.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Raymond James set a $105.00 price target on BOK Financial in a report on Tuesday, April 22nd. Hovde Group decreased their price target on BOK Financial from $122.00 to $110.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company decreased their price target on BOK Financial from $120.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, April 9th. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $111.00.

BOK Financial Price Performance

BOK Financial stock traded down $1.77 during midday trading on Wednesday, reaching $93.69. 185,133 shares of the company were exchanged, compared to its average volume of 162,653. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 11.52 and a beta of 0.87. The firm's 50-day simple moving average is $93.76 and its 200-day simple moving average is $104.39. BOK Financial Co. has a 1 year low of $85.08 and a 1 year high of $121.58. 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 issued its quarterly 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 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 analyst estimates of $520.86 million. On average, analysts anticipate that BOK Financial Co. will post 8.83 EPS for the current year.

BOK Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Thursday, May 15th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date was Thursday, May 15th. BOK Financial's payout ratio is 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.