Twin Lions Management LLC Invests $11.52 Million in Bank OZK (NASDAQ:OZK)

Twin Lions Management LLC acquired a new stake in Bank OZK (NASDAQ:OZK - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 258,612 shares of the company's stock, valued at approximately $11,516,000. Bank OZK comprises 11.2% of Twin Lions Management LLC's holdings, making the stock its 5th biggest position. Twin Lions Management LLC owned approximately 0.23% of Bank OZK as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. HighTower Advisors LLC purchased a new stake in Bank OZK during the 3rd quarter valued at approximately $392,000. Stifel Financial Corp increased its holdings in shares of Bank OZK by 13.3% in the third quarter. Stifel Financial Corp now owns 25,801 shares of the company's stock valued at $1,109,000 after purchasing an additional 3,033 shares during the period. Barclays PLC raised its stake in shares of Bank OZK by 30.7% during the third quarter. Barclays PLC now owns 254,874 shares of the company's stock worth $10,958,000 after purchasing an additional 59,907 shares during the last quarter. Rule One Partners LLC acquired a new stake in shares of Bank OZK during the third quarter worth $1,720,000. Finally, GAMMA Investing LLC grew its position in Bank OZK by 14.6% in the 4th quarter. GAMMA Investing LLC now owns 4,758 shares of the company's stock valued at $212,000 after buying an additional 606 shares during the last quarter. 86.18% of the stock is owned by institutional investors and hedge funds.

Bank OZK Price Performance

NASDAQ:OZK traded up $0.09 during trading hours on Friday, reaching $42.72. 811,977 shares of the company traded hands, compared to its average volume of 1,334,181. Bank OZK has a 1-year low of $35.71 and a 1-year high of $53.64. The stock has a market cap of $4.85 billion, a P/E ratio of 6.96 and a beta of 1.05. The firm's 50-day moving average is $43.33 and its 200-day moving average is $45.83. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.03 and a quick ratio of 1.02.

Bank OZK (NASDAQ:OZK - Get Free Report) last released its earnings results on Wednesday, April 16th. The company reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.05. The company had revenue of $409.23 million for the quarter, compared to analyst estimates of $403.05 million. Bank OZK had a net margin of 25.83% and a return on equity of 13.90%. During the same period in the prior year, the firm earned $1.51 EPS. Equities research analysts expect that Bank OZK will post 6.02 earnings per share for the current fiscal year.

Bank OZK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 14th were paid a $0.43 dividend. This is a positive change from Bank OZK's previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a yield of 4.03%. The ex-dividend date was Monday, April 14th. Bank OZK's dividend payout ratio is presently 28.20%.

Analyst Ratings Changes

Several brokerages have recently weighed in on OZK. Morgan Stanley lowered their target price on shares of Bank OZK from $58.00 to $54.00 and set an "equal weight" rating on the stock in a report on Thursday, March 13th. Keefe, Bruyette & Woods lowered their price objective on Bank OZK from $50.00 to $48.00 and set a "market perform" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company cut their target price on Bank OZK from $48.00 to $40.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 9th. Finally, Stephens decreased their price target on Bank OZK from $59.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $49.13.

Bank OZK Company Profile

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.