BOK Financial Co. (NASDAQ:BOKF) Holdings Boosted by First Trust Advisors LP

First Trust Advisors LP boosted its holdings in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 51.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,637 shares of the bank's stock after acquiring an additional 54,075 shares during the period. First Trust Advisors LP owned about 0.25% of BOK Financial worth $16,887,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Picton Mahoney Asset Management acquired a new position in shares of BOK Financial during the 4th quarter worth approximately $30,000. Venturi Wealth Management LLC lifted its position in shares of BOK Financial by 33.8% in the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock valued at $42,000 after acquiring an additional 100 shares in the last quarter. US Bancorp DE boosted its stake in shares of BOK Financial by 12.5% during the fourth quarter. US Bancorp DE now owns 1,088 shares of the bank's stock valued at $116,000 after acquiring an additional 121 shares during the last quarter. Aster Capital Management DIFC Ltd increased its position 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 purchasing an additional 997 shares in the last quarter. Finally, KBC Group NV lifted its holdings in BOK Financial by 32.7% in the 4th quarter. KBC Group NV now owns 1,201 shares of the bank's stock valued at $128,000 after purchasing an additional 296 shares in the last quarter. Hedge funds and other institutional investors own 34.44% of the company's stock.

Analysts Set New Price Targets

BOKF has been the subject of a number of recent research reports. StockNews.com downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a report on Monday, March 17th. Royal Bank of Canada lowered their target price on shares of BOK Financial from $119.00 to $104.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 23rd. Raymond James set a $105.00 price target on BOK Financial in a research note on Tuesday, April 22nd. Stephens decreased their target price 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. Finally, DA Davidson lowered their price target on BOK Financial from $122.00 to $114.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $111.60.

BOK Financial Stock Up 2.4 %

Shares of NASDAQ:BOKF traded up $2.23 during trading on Friday, hitting $95.92. The company's stock had a trading volume of 34,188 shares, compared to its average volume of 154,786. BOK Financial Co. has a fifty-two week low of $85.08 and a fifty-two week high of $121.58. The stock's 50-day moving average price is $97.82 and its two-hundred day moving average price is $106.99. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 0.75. The company has a market capitalization of $6.16 billion, a PE ratio of 11.80 and a beta of 0.93.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly 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). BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. The company had revenue of $500.37 million for the quarter, compared to analyst estimates of $520.86 million. As a group, sell-side analysts expect that BOK Financial Co. will post 8.83 EPS for the current year.

BOK Financial 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.