SG Americas Securities LLC Purchases 7,487 Shares of BOK Financial Co. (NASDAQ:BOKF)

SG Americas Securities LLC lifted its holdings in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 433.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,216 shares of the bank's stock after purchasing an additional 7,487 shares during the period. SG Americas Securities LLC's holdings in BOK Financial were worth $981,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in BOK Financial during the 2nd quarter worth about $39,000. KBC Group NV grew its stake in shares of 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. Prospera Private Wealth LLC acquired a new stake in shares of BOK Financial in the third quarter valued at approximately $142,000. Point72 DIFC Ltd bought a new position in BOK Financial in the 2nd quarter worth approximately $143,000. Finally, CWM LLC lifted its holdings in BOK Financial by 211.8% during the 3rd quarter. CWM LLC now owns 1,456 shares of the bank's stock worth $152,000 after buying an additional 989 shares in the last quarter. 34.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BOK Financial

In other news, Director Steven Bangert sold 2,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $117.83, for a total transaction of $235,660.00. Following the completion of the transaction, the director now directly owns 44,709 shares of the company's stock, valued at $5,268,061.47. This represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 56.94% of the stock is owned by insiders.

BOK Financial Trading Down 0.5 %

BOK Financial stock traded down $0.60 during mid-day trading on Friday, hitting $110.42. 113,915 shares of the company's stock were exchanged, compared to its average volume of 127,652. BOK Financial Co. has a fifty-two week low of $78.99 and a fifty-two week high of $121.58. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $7.08 billion, a P/E ratio of 13.58 and a beta of 1.20. The company's 50 day simple moving average is $112.33 and its 200-day simple moving average is $107.87.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly earnings results on Friday, January 17th. The bank reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.15. BOK Financial had a return on equity of 9.96% and a net margin of 15.32%. On average, equities analysts anticipate that BOK Financial Co. will post 8.71 earnings per share for the current year.

BOK Financial Announces Dividend

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

Analyst Ratings Changes

BOKF has been the subject of several research reports. Wedbush reissued a "neutral" rating and issued a $115.00 target price on shares of BOK Financial in a research note on Tuesday, October 22nd. Wells Fargo & Company lifted their price objective on BOK Financial from $105.00 to $112.00 and gave the stock an "equal weight" rating in a research report on Tuesday, December 3rd. Royal Bank of Canada upped their target price 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. StockNews.com upgraded shares of BOK Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Finally, Stephens cut 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 report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $116.40.

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.