Prescott Group Capital Management L.L.C. Sells 3,500 Shares of BOK Financial Co. (NASDAQ:BOKF)

Prescott Group Capital Management L.L.C. decreased its position in shares of BOK Financial Co. (NASDAQ:BOKF - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,993 shares of the bank's stock after selling 3,500 shares during the period. Prescott Group Capital Management L.L.C. owned 0.08% of BOK Financial worth $5,322,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its position in BOK Financial by 33.8% during the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock valued at $42,000 after purchasing an additional 100 shares during the last quarter. KBC Group NV raised its holdings 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 buying an additional 183 shares in the last quarter. US Bancorp DE raised its holdings in BOK Financial by 12.5% during the fourth quarter. US Bancorp DE now owns 1,088 shares of the bank's stock valued at $116,000 after buying an additional 121 shares in the last quarter. Prospera Private Wealth LLC bought a new position in BOK Financial during the third quarter valued at about $142,000. Finally, SageView Advisory Group LLC bought a new position in BOK Financial during the third quarter valued at about $200,000. Institutional investors and hedge funds own 34.44% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Keefe, Bruyette & Woods boosted their price objective 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. Stephens cut their price objective on BOK Financial from $135.00 to $127.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 22nd. Wells Fargo & Company boosted 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. StockNews.com raised BOK Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Finally, Royal Bank of Canada upped their price target on BOK Financial from $115.00 to $120.00 and gave the company a "sector perform" rating in a 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. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $116.40.

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BOK Financial Price Performance

Shares of BOKF stock traded down $0.28 during trading hours on Friday, hitting $102.44. The company had a trading volume of 96,101 shares, compared to its average volume of 143,747. 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 $6.58 billion, a price-to-earnings ratio of 12.60 and a beta of 1.20. The firm's fifty day moving average is $109.11 and its 200 day moving average is $109.25. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 0.75.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly earnings data on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.15. BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. On average, sell-side analysts predict that BOK Financial Co. will post 8.83 EPS for the current fiscal year.

BOK Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $0.57 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $2.28 annualized dividend and a dividend yield of 2.23%. BOK Financial's dividend payout ratio is currently 28.04%.

BOK Financial 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.