BOK Financial Corporation (NASDAQ:BOKF – Get Free Report) EVP Brad Vincent sold 4,015 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $145.42, for a total value of $583,861.30. Following the transaction, the executive vice president owned 6,031 shares in the company, valued at approximately $877,028.02. This represents a 39.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
BOK Financial Stock Up 0.5%
BOK Financial stock traded up $0.68 during midday trading on Thursday, hitting $145.21. 20,850 shares of the company’s stock were exchanged, compared to its average volume of 314,420. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $8.82 billion, a PE ratio of 13.69 and a beta of 0.80. The firm has a 50-day moving average of $136.51 and a two-hundred day moving average of $132.72. BOK Financial Corporation has a 12 month low of $99.88 and a 12 month high of $146.22.
BOK Financial (NASDAQ:BOKF – Get Free Report) last announced its quarterly earnings results on Monday, July 20th. The bank reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.09). The business had revenue of $602.54 million during the quarter, compared to analysts’ expectations of $568.08 million. BOK Financial had a return on equity of 10.13% and a net margin of 18.97%.BOK Financial’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.19 EPS. As a group, analysts expect that BOK Financial Corporation will post 10.32 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Report on BOK Financial
Institutional Investors Weigh In On BOK Financial
Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of BOK Financial by 11.3% in the 1st quarter. Royal Bank of Canada now owns 3,201 shares of the bank’s stock valued at $333,000 after purchasing an additional 324 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in BOK Financial by 14.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,171 shares of the bank’s stock worth $9,391,000 after purchasing an additional 11,057 shares during the last quarter. Jane Street Group LLC grew its position in BOK Financial by 344.0% during the 1st quarter. Jane Street Group LLC now owns 20,326 shares of the bank’s stock worth $2,117,000 after purchasing an additional 15,748 shares during the last quarter. Acadian Asset Management LLC acquired a new position in BOK Financial during the 1st quarter valued at approximately $159,000. Finally, M&T Bank Corp purchased a new position in shares of BOK Financial in the second quarter worth $220,000. Institutional investors and hedge funds own 34.44% of the company’s stock.
BOK Financial Company Profile
BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.
The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.
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