BOK Financial (NASDAQ:BOKF) Price Target Increased to $97.00 by Analysts at Keefe, Bruyette & Woods

BOK Financial (NASDAQ:BOKF - Get Free Report) had its price objective raised by analysts at Keefe, Bruyette & Woods from $94.00 to $97.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a "market perform" rating on the bank's stock. Keefe, Bruyette & Woods' price target points to a potential upside of 7.96% from the company's current price.

Several other research analysts also recently commented on the stock. Raymond James raised shares of BOK Financial from a "market perform" rating to an "outperform" rating and set a $103.00 target price on the stock in a research note on Thursday. Royal Bank of Canada boosted their price objective on shares of BOK Financial from $89.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, January 25th. Truist Financial boosted their price objective on shares of BOK Financial from $90.00 to $99.00 and gave the company a "hold" rating in a research report on Monday. StockNews.com downgraded shares of BOK Financial from a "hold" rating to a "sell" rating in a research report on Thursday, March 21st. Finally, Stephens boosted their price objective on shares of BOK Financial from $96.00 to $98.00 and gave the company an "equal weight" rating in a research report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, BOK Financial currently has an average rating of "Hold" and an average price target of $93.33.

BOK Financial Trading Down 0.0 %

Shares of BOKF traded down $0.04 during mid-day trading on Friday, reaching $89.85. The company's stock had a trading volume of 92,991 shares, compared to its average volume of 170,283. The stock has a market cap of $5.81 billion, a PE ratio of 11.20 and a beta of 1.21. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.52. BOK Financial has a 52 week low of $62.42 and a 52 week high of $92.75. The company's fifty day moving average price is $85.81 and its two-hundred day moving average price is $80.41.

BOK Financial (NASDAQ:BOKF - Get Free Report) last issued its earnings results on Wednesday, January 24th. The bank reported $1.26 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.49). BOK Financial had a return on equity of 11.46% and a net margin of 16.94%. The firm had revenue of $843.21 million during the quarter, compared to analysts' expectations of $485.87 million. During the same period in the previous year, the firm earned $2.51 earnings per share. On average, analysts predict that BOK Financial will post 7.58 earnings per share for the current fiscal year.

Insider Transactions at BOK Financial

In other news, Director Steven Bangert sold 3,000 shares of the company's stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $81.59, for a total value of $244,770.00. Following the sale, the director now directly owns 50,985 shares of the company's stock, valued at approximately $4,159,866.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 56.94% of the company's stock.

Hedge Funds Weigh In On BOK Financial

Hedge funds have recently bought and sold shares of the company. Covestor Ltd lifted its stake in BOK Financial by 214.0% during the 3rd quarter. Covestor Ltd now owns 314 shares of the bank's stock valued at $25,000 after acquiring an additional 214 shares during the period. Comerica Bank bought a new position in BOK Financial during the 3rd quarter valued at about $28,000. KBC Group NV bought a new position in BOK Financial during the 4th quarter valued at about $31,000. VisionPoint Advisory Group LLC lifted its stake in shares of BOK Financial by 102.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 380 shares of the bank's stock worth $30,000 after purchasing an additional 192 shares during the period. Finally, Quarry LP lifted its stake in shares of BOK Financial by 736.7% in the 1st quarter. Quarry LP now owns 410 shares of the bank's stock worth $35,000 after purchasing an additional 361 shares during the period. Institutional investors own 34.44% of the company's stock.

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.