BidaskClub upgraded shares of BOK Financial (NASDAQ:BOKF) from a sell rating to a hold rating in a research report sent to investors on Friday.

BOKF has been the topic of a number of other research reports. Morgan Stanley reduced their target price on BOK Financial from $105.00 to $95.00 and set an equal weight rating on the stock in a research note on Tuesday, December 11th. Raymond James reduced their target price on BOK Financial from $110.00 to $100.00 and set an outperform rating on the stock in a research note on Thursday, October 25th. ValuEngine cut BOK Financial from a hold rating to a sell rating in a research note on Monday, February 4th. Wells Fargo & Co reduced their target price on BOK Financial from $100.00 to $85.00 and set a market perform rating on the stock in a research note on Thursday, January 3rd. Finally, Wedbush set a $105.00 target price on BOK Financial and gave the company a buy rating in a research note on Thursday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $102.86.

BOKF opened at $85.26 on Friday. The firm has a market capitalization of $5.58 billion, a P/E ratio of 12.54, a PEG ratio of 1.77 and a beta of 1.19. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.70. BOK Financial has a 52 week low of $69.96 and a 52 week high of $107.00.

BOK Financial (NASDAQ:BOKF) last released its earnings results on Wednesday, January 30th. The bank reported $1.65 EPS for the quarter, missing the Zacks’ consensus estimate of $1.70 by ($0.05). The firm had revenue of $422.14 million during the quarter, compared to the consensus estimate of $423.33 million. BOK Financial had a net margin of 24.15% and a return on equity of 12.77%. The firm’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.29 EPS. As a group, sell-side analysts anticipate that BOK Financial will post 7.41 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 25th. Shareholders of record on Monday, February 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.35%. This is a positive change from BOK Financial’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, February 8th. BOK Financial’s dividend payout ratio is presently 29.50%.

In other BOK Financial news, Director Steven Bangert sold 1,020 shares of the company’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $84.40, for a total transaction of $86,088.00. Following the completion of the sale, the director now directly owns 170,211 shares in the company, valued at $14,365,808.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John W. Coffey purchased 3,000 shares of the business’s stock in a transaction on Tuesday, November 20th. The shares were acquired at an average price of $81.74 per share, with a total value of $245,220.00. Following the completion of the transaction, the director now owns 3,225 shares of the company’s stock, valued at $263,611.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 9,800 shares of company stock valued at $778,932 and have sold 12,670 shares valued at $936,605. Corporate insiders own 60.50% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Toronto Dominion Bank purchased a new stake in shares of BOK Financial during the fourth quarter worth about $48,000. Macquarie Group Ltd. purchased a new stake in shares of BOK Financial during the second quarter worth about $133,000. SG Americas Securities LLC purchased a new stake in shares of BOK Financial during the third quarter worth about $146,000. Bank of Montreal Can boosted its holdings in shares of BOK Financial by 50.7% during the third quarter. Bank of Montreal Can now owns 1,910 shares of the bank’s stock worth $185,000 after purchasing an additional 643 shares during the period. Finally, MML Investors Services LLC purchased a new stake in shares of BOK Financial during the third quarter worth about $201,000. Institutional investors own 37.25% of the company’s stock.

About BOK Financial

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 Story: Why is cost of goods sold important?

Analyst Recommendations for BOK Financial (NASDAQ:BOKF)

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.