First Trust Advisors LP decreased its holdings in Bank Ozk (NASDAQ:OZK) by 38.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 548,056 shares of the company’s stock after selling 335,482 shares during the quarter. First Trust Advisors LP owned approximately 0.42% of Bank Ozk worth $9,153,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Man Group plc increased its holdings in Bank Ozk by 5.0% in the fourth quarter. Man Group plc now owns 137,668 shares of the company’s stock valued at $4,199,000 after buying an additional 6,513 shares during the last quarter. New York State Teachers Retirement System increased its holdings in Bank Ozk by 33.1% in the first quarter. New York State Teachers Retirement System now owns 124,700 shares of the company’s stock valued at $2,082,000 after buying an additional 31,000 shares during the last quarter. UBS Asset Management Americas Inc. increased its holdings in Bank Ozk by 9.6% in the fourth quarter. UBS Asset Management Americas Inc. now owns 181,552 shares of the company’s stock valued at $5,538,000 after buying an additional 15,962 shares during the last quarter. Cabot Wealth Management Inc. bought a new stake in Bank Ozk in the first quarter valued at about $2,517,000. Finally, Envestnet Asset Management Inc. increased its holdings in Bank Ozk by 151.3% in the first quarter. Envestnet Asset Management Inc. now owns 389,210 shares of the company’s stock valued at $6,500,000 after buying an additional 234,320 shares during the last quarter. 83.48% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on OZK shares. Morgan Stanley upped their target price on Bank Ozk from $24.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. UBS Group upped their target price on Bank Ozk from $17.50 to $19.00 and gave the company a “neutral” rating in a report on Friday, May 15th. SunTrust Banks upped their target price on Bank Ozk from $22.00 to $24.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Wells Fargo & Co lowered their target price on Bank Ozk from $30.00 to $24.00 and set an “equal weight” rating for the company in a report on Monday, March 30th. Finally, Stephens lowered their target price on Bank Ozk from $25.00 to $24.00 and set an “equal weight” rating for the company in a report on Monday, April 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $25.29.

OZK opened at $21.63 on Friday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 8.52 and a beta of 2.06. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.02 and a quick ratio of 1.02. Bank Ozk has a 1-year low of $14.20 and a 1-year high of $32.35. The business has a 50 day moving average price of $19.35 and a two-hundred day moving average price of $25.61.

Bank Ozk (NASDAQ:OZK) last released its earnings results on Thursday, April 23rd. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.52). The firm had revenue of $237.46 million during the quarter, compared to analyst estimates of $233.73 million. Bank Ozk had a return on equity of 8.02% and a net margin of 26.16%. During the same quarter last year, the company earned $0.86 earnings per share. Equities analysts expect that Bank Ozk will post 1.55 EPS for the current fiscal year.

Bank Ozk Company Profile

Bank OZK provides 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.

Featured Article: What is the yield curve?

Institutional Ownership by Quarter for Bank Ozk (NASDAQ:OZK)

Receive News & Ratings for Bank Ozk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Ozk and related companies with MarketBeat.com's FREE daily email newsletter.