Aigen Investment Management LP Invests $275,000 in BOK Financial Co. (NASDAQ:BOKF)

Aigen Investment Management LP bought a new position in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,587 shares of the bank's stock, valued at approximately $275,000.

A number of other institutional investors have also added to or reduced their stakes in BOKF. Venturi Wealth Management LLC boosted its position in shares of BOK Financial by 33.8% during the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock valued at $42,000 after acquiring an additional 100 shares during the last quarter. KBC Group NV lifted its position in BOK Financial by 25.3% during the third quarter. KBC Group NV now owns 905 shares of the bank's stock valued at $95,000 after purchasing an additional 183 shares during the last quarter. US Bancorp DE grew its stake in BOK Financial by 12.5% in the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after buying an additional 121 shares in the last quarter. Prospera Private Wealth LLC bought a new position in shares of BOK Financial in the 3rd quarter worth $142,000. Finally, SageView Advisory Group LLC purchased a new stake in shares of BOK Financial during the 3rd quarter valued at $200,000. 34.44% of the stock is currently owned by institutional investors.

BOK Financial Trading Up 1.8 %

BOKF traded up $1.74 during trading on Wednesday, hitting $100.59. 117,730 shares of the stock traded hands, compared to its average volume of 143,786. The firm has a 50-day moving average of $108.80 and a 200 day moving average of $109.26. BOK Financial Co. has a 12-month low of $85.02 and a 12-month high of $121.58. The firm has a market capitalization of $6.46 billion, a P/E ratio of 12.37 and a beta of 1.20. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79.

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BOK Financial (NASDAQ:BOKF - Get Free Report) last posted its earnings results on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. Equities research analysts anticipate that BOK Financial Co. will post 8.83 EPS for the current year.

BOK Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a $0.57 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.27%. BOK Financial's dividend payout ratio is currently 28.04%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. StockNews.com upgraded shares of BOK Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Wells Fargo & Company upped their price objective on BOK Financial from $105.00 to $112.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 3rd. Stephens reduced their price objective on BOK Financial from $135.00 to $127.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their target price on BOK Financial from $112.00 to $125.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. Finally, Royal Bank of Canada increased their price target on shares of BOK Financial from $115.00 to $120.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, BOK Financial presently has a consensus rating of "Hold" and a consensus price target of $116.40.

BOK Financial Company Profile

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.