Bank Ozk (OZK) Upgraded to Sell at ValuEngine
ValuEngine upgraded shares of Bank Ozk (NASDAQ:OZK) from a strong sell rating to a sell rating in a research note released on Friday.
Several other brokerages also recently weighed in on OZK. Brean Capital reiterated a buy rating on shares of Bank Ozk in a report on Monday, August 27th. Stephens reiterated a hold rating and issued a $48.00 price target on shares of Bank Ozk in a report on Thursday, August 23rd. Finally, Barclays downgraded Bank Ozk from an overweight rating to an underweight rating in a report on Monday, August 13th.
Shares of OZK opened at $40.13 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 13.56, a price-to-earnings-growth ratio of 0.93 and a beta of 1.20. Bank Ozk has a fifty-two week low of $38.43 and a fifty-two week high of $53.70.
A hedge fund recently bought a new stake in Bank Ozk stock. Public Employees Retirement System of Ohio acquired a new position in shares of Bank Ozk (NASDAQ:OZK) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 42,895 shares of the company’s stock, valued at approximately $1,932,000. Institutional investors and hedge funds own 87.00% of the company’s stock.
About Bank Ozk
Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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