Villanova Investment Management Co LLC Purchases 15,343 Shares of Bank OZK (NASDAQ:OZK)

Villanova Investment Management Co LLC lifted its stake in Bank OZK (NASDAQ:OZK - Free Report) by 20.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,027 shares of the company's stock after acquiring an additional 15,343 shares during the period. Bank OZK accounts for approximately 3.6% of Villanova Investment Management Co LLC's holdings, making the stock its 3rd biggest position. Villanova Investment Management Co LLC owned approximately 0.08% of Bank OZK worth $4,053,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in OZK. O Shaughnessy Asset Management LLC raised its position in Bank OZK by 1.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,184 shares of the company's stock worth $498,000 after acquiring an additional 193 shares in the last quarter. M&T Bank Corp grew its stake in shares of Bank OZK by 1.9% in the 3rd quarter. M&T Bank Corp now owns 13,432 shares of the company's stock worth $578,000 after purchasing an additional 244 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Bank OZK by 12.7% in the 4th quarter. Principal Securities Inc. now owns 2,509 shares of the company's stock worth $112,000 after purchasing an additional 283 shares in the last quarter. Horrell Capital Management Inc. lifted its stake in Bank OZK by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 106,878 shares of the company's stock valued at $4,759,000 after purchasing an additional 304 shares during the last quarter. Finally, Arizona State Retirement System boosted its holdings in Bank OZK by 1.0% during the fourth quarter. Arizona State Retirement System now owns 31,253 shares of the company's stock worth $1,392,000 after buying an additional 305 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Several research analysts have issued reports on the company. Stephens upped their price target on Bank OZK from $53.00 to $57.00 and gave the company an "equal weight" rating in a report on Tuesday, January 21st. UBS Group began coverage on Bank OZK in a research report on Tuesday, December 17th. They set a "neutral" rating and a $51.00 target price on the stock. Morgan Stanley decreased their price target on Bank OZK from $58.00 to $54.00 and set an "equal weight" rating for the company in a research report on Thursday, March 13th. Finally, Wells Fargo & Company upgraded Bank OZK from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $40.00 to $48.00 in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $50.38.

Bank OZK Stock Down 2.0 %

Bank OZK stock traded down $0.78 during mid-day trading on Friday, hitting $38.12. The company's stock had a trading volume of 3,118,784 shares, compared to its average volume of 1,296,061. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.03 and a quick ratio of 1.02. Bank OZK has a 52-week low of $35.80 and a 52-week high of $53.64. The firm's 50 day moving average is $47.28 and its 200 day moving average is $46.11. The company has a market cap of $4.32 billion, a PE ratio of 6.21 and a beta of 1.05.

Bank OZK (NASDAQ:OZK - Get Free Report) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.44 by $0.12. The business had revenue of $412.34 million during the quarter, compared to analysts' expectations of $407.19 million. Bank OZK had a net margin of 25.83% and a return on equity of 13.90%. The firm's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $1.50 earnings per share. On average, analysts anticipate that Bank OZK will post 6.02 earnings per share for the current year.

Bank OZK Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 14th will be paid a $0.43 dividend. The ex-dividend date is Monday, April 14th. This is an increase from Bank OZK's previous quarterly dividend of $0.42. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.51%. Bank OZK's dividend payout ratio is 28.01%.

Bank OZK Profile

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.