Vanguard Group Inc. lowered its holdings in BOK Financial Corporation (NASDAQ:BOKF - Free Report) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,412,199 shares of the bank's stock after selling 33,343 shares during the period. Vanguard Group Inc. owned about 3.75% of BOK Financial worth $251,231,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of BOKF. Freestone Grove Partners LP purchased a new position in BOK Financial in the fourth quarter worth $21,740,000. AQR Capital Management LLC lifted its position in shares of BOK Financial by 80.0% during the 4th 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 last quarter. Dimensional Fund Advisors LP lifted its position in shares of BOK Financial by 4.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,372,203 shares of the bank's stock valued at $252,526,000 after buying an additional 98,588 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of BOK Financial during the 4th quarter valued at $6,138,000. Finally, Millennium Management LLC lifted its position in shares of BOK Financial by 29.4% during the 4th quarter. Millennium Management LLC now owns 252,779 shares of the bank's stock valued at $26,908,000 after buying an additional 57,420 shares during the last quarter. Hedge funds and other institutional investors own 34.44% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Hovde Group upped their price target on BOK Financial from $110.00 to $123.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. DA Davidson upped their price target on BOK Financial from $114.00 to $120.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Barclays upped their price target on BOK Financial from $110.00 to $115.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 8th. Wells Fargo & Company set a $110.00 price target on BOK Financial and gave the company an "equal weight" rating in a research report on Monday, July 28th. Finally, Keefe, Bruyette & Woods upped their price target on BOK Financial from $101.00 to $115.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, BOK Financial presently has an average rating of "Hold" and an average target price of $112.58.
Read Our Latest Stock Report on BOK Financial
BOK Financial Price Performance
BOKF traded up $4.78 during trading on Friday, reaching $110.43. 197,127 shares of the company were exchanged, compared to its average volume of 201,383. The company's 50-day moving average is $101.68 and its two-hundred day moving average is $99.76. The company has a market cap of $7.02 billion, a price-to-earnings ratio of 13.23 and a beta of 0.88. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 0.70. BOK Financial Corporation has a 12-month low of $85.07 and a 12-month high of $121.58.
BOK Financial (NASDAQ:BOKF - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The bank reported $2.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.98 by $0.21. The business had revenue of $525.50 million for the quarter, compared to analysts' expectations of $521.80 million. BOK Financial had a return on equity of 9.39% and a net margin of 15.80%.During the same quarter in the prior year, the firm posted $2.54 EPS. Research analysts forecast that BOK Financial Corporation will post 8.83 earnings per share for the current fiscal year.
BOK Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, August 13th. BOK Financial's dividend payout ratio is currently 27.31%.
About BOK Financial
(
Free Report)
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.
Featured Articles
Before you consider BOK Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BOK Financial wasn't on the list.
While BOK Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
