BOK Financial Co. (NASDAQ:BOKF) Short Interest Up 18.7% in January

BOK Financial Co. (NASDAQ:BOKF - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 429,500 shares, a growth of 18.7% from the January 15th total of 361,700 shares. Currently, 1.7% of the company's stock are short sold. Based on an average daily trading volume, of 150,200 shares, the days-to-cover ratio is presently 2.9 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BOKF shares. Keefe, Bruyette & Woods boosted their price target on shares of BOK Financial from $112.00 to $125.00 and gave the company a "market perform" rating in a research report on Wednesday, December 4th. Royal Bank of Canada lifted their target price on shares of BOK Financial from $115.00 to $120.00 and gave the company a "sector perform" rating in a report on Wednesday, January 22nd. Stephens lowered their price objective on shares of 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. Wells Fargo & Company upped their target price on shares of BOK Financial from $105.00 to $112.00 and gave the company an "equal weight" rating in a report on Tuesday, December 3rd. Finally, DA Davidson lowered their price target on BOK Financial from $124.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, BOK Financial currently has a consensus rating of "Hold" and a consensus price target of $116.40.

Institutional Trading of BOK Financial

Several institutional investors have recently modified their holdings of BOKF. Creative Planning lifted its holdings in BOK Financial by 130.1% in the 3rd quarter. Creative Planning now owns 11,946 shares of the bank's stock valued at $1,250,000 after acquiring an additional 6,755 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in BOK Financial by 7.8% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 136,091 shares of the bank's stock valued at $14,238,000 after purchasing an additional 9,863 shares during the last quarter. Meritage Portfolio Management bought a new stake in BOK Financial during the fourth quarter worth approximately $444,000. SG Americas Securities LLC grew its position in BOK Financial by 433.0% in the fourth quarter. SG Americas Securities LLC now owns 9,216 shares of the bank's stock worth $981,000 after buying an additional 7,487 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in shares of BOK Financial in the fourth quarter valued at $256,000. Institutional investors and hedge funds own 34.44% of the company's stock.

BOK Financial Price Performance

BOKF stock traded down $0.69 during trading on Wednesday, hitting $110.80. The company had a trading volume of 64,957 shares, compared to its average volume of 131,074. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 13.63 and a beta of 1.19. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average of $110.29 and a 200 day moving average of $108.51. BOK Financial has a fifty-two week low of $82.26 and a fifty-two week high of $121.58.

BOK Financial (NASDAQ:BOKF - Get Free Report) last posted its quarterly earnings data on Friday, January 17th. The bank reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.96%. As a group, research analysts predict that BOK Financial will post 8.83 earnings per share for the current year.

BOK Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Wednesday, February 12th. BOK Financial's dividend payout ratio (DPR) is presently 28.04%.

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.