Laurion Capital Management LP acquired a new stake in Bank of the Ozarks (NASDAQ:OZRK) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 57,519 shares of the financial services provider’s stock, valued at approximately $2,696,000.

Several other institutional investors have also made changes to their positions in OZRK. BlackRock Inc. boosted its stake in shares of Bank of the Ozarks by 24,121.9% in the 1st quarter. BlackRock Inc. now owns 9,977,483 shares of the financial services provider’s stock valued at $518,930,000 after purchasing an additional 9,936,291 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Bank of the Ozarks by 144.6% in 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 purchasing an additional 1,855,697 shares in the last quarter. FMR LLC boosted its stake in shares of Bank of the Ozarks by 18.0% in the 1st quarter. FMR LLC now owns 4,813,003 shares of the financial services provider’s stock valued at $250,325,000 after purchasing an additional 733,913 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Bank of the Ozarks by 6.2% in the 1st quarter. Vanguard Group Inc. now owns 9,871,760 shares of the financial services provider’s stock valued at $513,430,000 after purchasing an additional 578,206 shares in the last quarter. Finally, Systematic Financial Management LP boosted its stake in shares of Bank of the Ozarks by 1,281.6% in the 1st quarter. Systematic Financial Management LP now owns 571,495 shares of the financial services provider’s stock valued at $29,723,000 after purchasing an additional 530,130 shares in the last quarter. 86.70% of the stock is owned by institutional investors.

Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 44.98 on Wednesday. The company’s 50-day moving average is $42.66 and its 200-day moving average is $46.97. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 15.82 and a beta of 1.53. Bank of the Ozarks has a 12-month low of $35.53 and a 12-month high of $56.86.

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

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OZRK has been the subject of a number of research reports. 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. BidaskClub cut shares of Bank of the Ozarks from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. ValuEngine cut shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Brean Capital reaffirmed a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. Finally, Stephens set a $48.00 price objective on shares of Bank of the Ozarks and gave the company a “hold” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $53.14.

Bank of the Ozarks Profile

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

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