Emerald Advisers Inc. PA trimmed its position in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 9.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 524,731 shares of the financial services provider’s stock after selling 52,991 shares during the quarter. Emerald Advisers Inc. PA’s holdings in Bank Of The Ozarks were worth $25,423,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of OZRK. Willingdon Wealth Management bought a new stake in Bank Of The Ozarks during the 3rd quarter valued at approximately $104,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Bank Of The Ozarks by 115.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,459 shares of the financial services provider’s stock worth $167,000 after purchasing an additional 1,852 shares in the last quarter. BB&T Investment Services Inc. bought a new stake in shares of Bank Of The Ozarks in the 2nd quarter worth approximately $190,000. Cadence Capital Management LLC bought a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth approximately $202,000. Finally, Dorsey & Whitney Trust CO LLC bought a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth approximately $217,000. 87.20% of the stock is currently owned by institutional investors and hedge funds.
OZRK has been the topic of a number of analyst reports. Brean Capital reissued a “buy” rating on shares of Bank Of The Ozarks in a research report on Monday, October 30th. Zacks Investment Research raised Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Friday, January 5th. SunTrust Banks reissued a “hold” rating and issued a $50.00 price target on shares of Bank Of The Ozarks in a research report on Thursday, October 12th. Morgan Stanley reissued an “overweight” rating and issued a $54.00 price target on shares of Bank Of The Ozarks in a research report on Thursday, December 14th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $59.00 price target on shares of Bank Of The Ozarks in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. Bank Of The Ozarks has a consensus rating of “Hold” and a consensus target price of $56.00.
Bank Of The Ozarks Inc (NASDAQ:OZRK) opened at $48.47 on Tuesday. The stock has a market capitalization of $6,465.40, a P/E ratio of 17.04, a P/E/G ratio of 1.12 and a beta of 1.43. Bank Of The Ozarks Inc has a 12-month low of $40.15 and a 12-month high of $56.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.92 and a quick ratio of 0.99.
Bank Of The Ozarks (NASDAQ:OZRK) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.75. The business had revenue of $245.04 million for the quarter, compared to analysts’ expectations of $249.84 million. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. During the same period in the prior year, the firm posted $0.72 EPS. equities analysts anticipate that Bank Of The Ozarks Inc will post 3.76 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Friday, January 19th were given a $0.19 dividend. The ex-dividend date of this dividend was Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. This represents a $0.76 annualized dividend and a yield of 1.57%. Bank Of The Ozarks’s dividend payout ratio is 22.69%.
About Bank Of The Ozarks
Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.
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