BOK Financial (NASDAQ:BOKF – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Wednesday.
Several other equities research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods boosted their price target on BOK Financial from $112.00 to $125.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Wells Fargo & Company increased their target price on BOK Financial from $105.00 to $112.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 3rd. Stephens dropped their price target on BOK Financial from $135.00 to $127.00 and set an “equal weight” rating for the company in a research note on Wednesday. DA Davidson cut their price objective on shares of BOK Financial from $124.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Finally, Wedbush reissued a “neutral” rating and issued a $115.00 target price on shares of BOK Financial in a report on Tuesday, October 22nd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $116.40.
Check Out Our Latest Stock Report on BOK Financial
BOK Financial Stock Performance
BOK Financial (NASDAQ:BOKF – Get Free Report) last released its quarterly earnings results on Friday, January 17th. The bank reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.96%. Analysts forecast that BOK Financial will post 8.52 EPS for the current year.
Insider Transactions at BOK Financial
In related news, Director Steven Bangert sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $117.83, for a total value of $235,660.00. Following the completion of the transaction, the director now owns 44,709 shares in the company, valued at $5,268,061.47. This trade represents a 4.28 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 59.72% of the company’s stock.
Institutional Investors Weigh In On BOK Financial
A number of institutional investors have recently added to or reduced their stakes in the business. Creative Planning grew its stake in shares of BOK Financial by 130.1% in the third quarter. Creative Planning now owns 11,946 shares of the bank’s stock worth $1,250,000 after purchasing an additional 6,755 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in BOK Financial by 7.8% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 136,091 shares of the bank’s stock worth $14,238,000 after buying an additional 9,863 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of BOK Financial in the 2nd quarter valued at about $540,000. Jane Street Group LLC increased its stake in shares of BOK Financial by 309.8% in the third quarter. Jane Street Group LLC now owns 44,561 shares of the bank’s stock valued at $4,662,000 after buying an additional 33,686 shares during the period. Finally, USA Financial Formulas bought a new position in shares of BOK Financial during the fourth quarter worth about $319,000. 34.44% of the stock is owned by institutional investors.
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.
Featured Stories
- Five stocks we like better than BOK Financial
- 3 Fintech Stocks With Good 2021 Prospects
- Oracle Announces Game-Changing News for the AI Industry
- What is the Hang Seng index?
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Find and Profitably Trade Stocks at 52-Week Lows
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for BOK Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BOK Financial and related companies with MarketBeat.com's FREE daily email newsletter.