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45,002 Shares in BOK Financial Co. (NASDAQ:BOKF) Purchased by Tudor Investment Corp ET AL

BOK Financial logo with Finance background

Tudor Investment Corp ET AL purchased a new stake in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 45,002 shares of the bank's stock, valued at approximately $4,790,000. Tudor Investment Corp ET AL owned about 0.07% of BOK Financial as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of BOK Financial during the fourth quarter valued at approximately $23,516,000. Dimensional Fund Advisors LP increased its holdings in BOK Financial by 4.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,372,203 shares of the bank's stock valued at $252,526,000 after acquiring an additional 98,588 shares during the last quarter. FIL Ltd purchased a new stake in BOK Financial in the 4th quarter worth $6,281,000. Raymond James Financial Inc. bought a new position in shares of BOK Financial during the 4th quarter valued at about $6,138,000. Finally, First Trust Advisors LP grew its position in shares of BOK Financial by 51.7% during the fourth quarter. First Trust Advisors LP now owns 158,637 shares of the bank's stock valued at $16,887,000 after purchasing an additional 54,075 shares in the last quarter. Institutional investors own 34.44% of the company's stock.

BOK Financial Trading Up 0.7 %

BOK Financial stock traded up $0.66 during mid-day trading on Wednesday, hitting $94.23. The company's stock had a trading volume of 32,476 shares, compared to its average volume of 168,366. 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 50 day moving average of $97.09 and a 200-day moving average of $106.57. BOK Financial Co. has a one year low of $85.07 and a one year high of $121.58. The stock has a market cap of $6.06 billion, a PE ratio of 11.58 and a beta of 0.87.

BOK Financial (NASDAQ:BOKF - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $500.37 million for the quarter, compared to the consensus estimate of $520.86 million. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. On average, research analysts anticipate that BOK Financial Co. will post 8.83 EPS for the current year.

BOK Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Thursday, May 15th will be paid a $0.57 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.28 annualized dividend and a yield of 2.42%. BOK Financial's dividend payout ratio (DPR) is currently 26.21%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Raymond James set a $105.00 price target on BOK Financial in a research note on Tuesday, April 22nd. StockNews.com downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a research note on Monday, March 17th. Stephens reduced 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 report on Wednesday, April 23rd. Barclays dropped their price target on BOK Financial from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada dropped their target price on BOK Financial from $119.00 to $104.00 and set a "sector perform" rating for the company in a report on Wednesday, April 23rd. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, BOK Financial presently has an average rating of "Hold" and a consensus target price of $111.60.

Check Out Our Latest Stock Analysis on BOK Financial

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.

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Institutional Ownership by Quarter for BOK Financial (NASDAQ:BOKF)

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