Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Bank of the Ozarks (NASDAQ:OZRK) by 33.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,722 shares of the financial services provider’s stock after purchasing an additional 4,405 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Bank of the Ozarks were worth $831,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. grew its stake in Bank of the Ozarks by 198.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 52,825 shares of the financial services provider’s stock valued at $2,476,000 after acquiring an additional 35,152 shares in the last quarter. Cipher Capital LP purchased a new stake in Bank of the Ozarks during the 2nd quarter valued at about $690,000. Swiss National Bank grew its stake in Bank of the Ozarks by 19.3% during the 2nd quarter. Swiss National Bank now owns 202,933 shares of the financial services provider’s stock valued at $9,511,000 after acquiring an additional 32,800 shares in the last quarter. Principal Financial Group Inc. grew its stake in Bank of the Ozarks by 144.6% during the 2nd quarter. Principal Financial Group Inc. now owns 3,138,880 shares of the financial services provider’s stock valued at $147,117,000 after acquiring an additional 1,855,697 shares in the last quarter. Finally, Bellwether Investment Group LLC grew its stake in Bank of the Ozarks by 2.3% during the 2nd quarter. Bellwether Investment Group LLC now owns 5,280 shares of the financial services provider’s stock valued at $247,000 after acquiring an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 87.90% of the company’s stock.

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OZRK has been the subject of several research reports. Brean Capital reaffirmed a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. Keefe, Bruyette & Woods set a $56.00 price objective on shares of Bank of the Ozarks and gave the company a “buy” rating in a research note on Thursday, July 6th. Stephens reaffirmed a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, May 24th. BidaskClub raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Monday, August 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $52.25.

Shares of Bank of the Ozarks (NASDAQ OZRK) opened at 43.37 on Friday. The stock has a 50 day moving average of $42.65 and a 200 day moving average of $47.33. Bank of the Ozarks has a 1-year low of $35.53 and a 1-year high of $56.86. The stock has a market cap of $5.56 billion, a PE ratio of 15.25 and a beta of 1.53.

Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.73. The company had revenue of $237.30 million during the quarter, compared to analysts’ expectations of $232.85 million. Bank of the Ozarks had a net margin of 46.15% and a return on equity of 11.75%. The firm’s quarterly revenue was up 64.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 earnings per share. Equities research analysts forecast that Bank of the Ozarks will post $2.97 EPS for the current year.

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.

Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

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