Bank OZK (NASDAQ:OZK) Shares Bought by Giverny Capital Inc.

Giverny Capital Inc. grew its position in shares of Bank OZK (NASDAQ:OZK - Free Report) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,212,438 shares of the company's stock after purchasing an additional 15,064 shares during the period. Bank OZK makes up approximately 2.0% of Giverny Capital Inc.'s investment portfolio, making the stock its 20th biggest position. Giverny Capital Inc. owned 1.07% of Bank OZK worth $53,990,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its stake in shares of Bank OZK by 1.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 11,184 shares of the company's stock worth $498,000 after buying an additional 193 shares in the last quarter. Bank of Montreal Can grew its position in Bank OZK by 0.5% in the fourth quarter. Bank of Montreal Can now owns 46,832 shares of the company's stock worth $2,085,000 after acquiring an additional 241 shares in the last quarter. M&T Bank Corp increased its stake in Bank OZK by 1.9% during the third quarter. M&T Bank Corp now owns 13,432 shares of the company's stock worth $578,000 after acquiring an additional 244 shares during the last quarter. Principal Securities Inc. raised its position in Bank OZK by 12.7% during the fourth quarter. Principal Securities Inc. now owns 2,509 shares of the company's stock valued at $112,000 after purchasing an additional 283 shares during the period. Finally, Horrell Capital Management Inc. lifted its stake in shares of Bank OZK by 0.3% in the 4th 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. 86.18% of the stock is owned by institutional investors.

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Bank OZK Stock Up 2.2 %

Shares of Bank OZK stock traded up $0.86 during trading on Tuesday, reaching $39.24. The company's stock had a trading volume of 2,112,969 shares, compared to its average volume of 1,327,583. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.16. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 6.39 and a beta of 1.05. The company has a 50-day simple moving average of $45.03 and a two-hundred day simple moving average of $45.86. Bank OZK has a 1-year low of $35.71 and a 1-year high of $53.64.

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

Bank OZK Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 21st. Stockholders of record on Monday, April 14th will be paid a dividend of $0.43 per share. This is an increase from Bank OZK's previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Monday, April 14th. Bank OZK's payout ratio is presently 28.01%.

Wall Street Analyst Weigh In

OZK has been the topic of several analyst reports. UBS Group initiated 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 cut their price objective on shares of Bank OZK from $58.00 to $54.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 13th. Stephens increased their target price on shares of Bank OZK from $53.00 to $57.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company dropped their price target on shares of Bank OZK from $48.00 to $40.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 9th. One equities research 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. Based on data from MarketBeat, Bank OZK presently has a consensus rating of "Hold" and a consensus target price of $49.38.

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.