Bokf Na Has $15.20 Million Holdings in BOK Financial Corporation $BOKF

Bokf Na increased its stake in BOK Financial Corporation (NASDAQ:BOKF) by 5.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 128,302 shares of the bank’s stock after purchasing an additional 6,153 shares during the quarter. Bokf Na’s holdings in BOK Financial were worth $15,199,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in BOK Financial by 2.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,629,362 shares of the bank’s stock worth $293,015,000 after buying an additional 59,241 shares in the last quarter. Victory Capital Management Inc. lifted its position in BOK Financial by 18.8% during the 3rd quarter. Victory Capital Management Inc. now owns 234,007 shares of the bank’s stock worth $26,078,000 after buying an additional 36,982 shares in the last quarter. Numerai GP LLC bought a new stake in BOK Financial during the 3rd quarter worth about $1,949,000. First Trust Advisors LP lifted its position in BOK Financial by 39.8% during the 3rd quarter. First Trust Advisors LP now owns 527,601 shares of the bank’s stock worth $58,796,000 after buying an additional 150,210 shares in the last quarter. Finally, M&T Bank Corp lifted its position in BOK Financial by 1,397.2% during the 4th quarter. M&T Bank Corp now owns 30,767 shares of the bank’s stock worth $3,645,000 after buying an additional 28,712 shares in the last quarter. 34.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other BOK Financial news, EVP Jeffrey A. Reid sold 1,200 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $135.52, for a total value of $162,624.00. Following the transaction, the executive vice president directly owned 8,116 shares of the company’s stock, valued at $1,099,880.32. This represents a 12.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 63.53% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

BOKF has been the topic of several analyst reports. Piper Sandler set a $135.00 price target on shares of BOK Financial in a research report on Wednesday, January 21st. Wells Fargo & Company boosted their price target on shares of BOK Financial from $115.00 to $127.00 and gave the stock an “equal weight” rating in a research report on Monday, March 30th. DA Davidson boosted their price target on shares of BOK Financial from $132.00 to $139.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Zacks Research cut shares of BOK Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of BOK Financial in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $134.91.

BOK Financial Stock Up 1.3%

BOK Financial stock opened at $134.76 on Wednesday. The stock has a market cap of $8.19 billion, a P/E ratio of 13.64 and a beta of 0.83. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53. BOK Financial Corporation has a twelve month low of $91.35 and a twelve month high of $139.73. The company’s 50-day moving average price is $129.80 and its two-hundred day moving average price is $122.97.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings results on Monday, April 20th. The bank reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.28. The firm had revenue of $552.33 million for the quarter, compared to analysts’ expectations of $549.71 million. BOK Financial had a net margin of 18.05% and a return on equity of 9.90%. During the same period in the prior year, the firm earned $1.86 EPS. As a group, analysts expect that BOK Financial Corporation will post 10.24 EPS for the current year.

BOK Financial Profile

BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.