Sei Investments Co. Has $1.86 Million Holdings in BOK Financial Co. (NASDAQ:BOKF)

Sei Investments Co. decreased its holdings in BOK Financial Co. (NASDAQ:BOKF - Free Report) by 17.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,430 shares of the bank's stock after selling 3,728 shares during the quarter. Sei Investments Co.'s holdings in BOK Financial were worth $1,855,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of BOK Financial in the fourth quarter valued at approximately $6,138,000. Point72 Asset Management L.P. raised its holdings in BOK Financial by 55.6% in the 3rd quarter. Point72 Asset Management L.P. now owns 136,833 shares of the bank's stock valued at $14,315,000 after acquiring an additional 48,874 shares in the last quarter. Jane Street Group LLC lifted its position in shares of BOK Financial by 309.8% during the 3rd quarter. Jane Street Group LLC now owns 44,561 shares of the bank's stock valued at $4,662,000 after acquiring an additional 33,686 shares during the period. Ieq Capital LLC acquired a new stake in shares of BOK Financial during the 4th quarter worth $2,984,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of BOK Financial in the fourth quarter worth $1,242,000. Institutional investors own 34.44% of the company's stock.

Wall Street Analyst Weigh In

BOKF has been the topic of a number of analyst reports. StockNews.com downgraded shares of BOK Financial from a "buy" rating to a "hold" rating in a research note on Monday, March 17th. Wells Fargo & Company reduced their price target on shares of BOK Financial from $120.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Wednesday. Royal Bank of Canada boosted their price objective 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. Barclays reduced their target price on BOK Financial from $115.00 to $110.00 and set an "equal weight" rating on the stock in a report on Tuesday. Finally, Stephens decreased their price target on BOK Financial from $135.00 to $127.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 22nd. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, BOK Financial presently has an average rating of "Hold" and a consensus price target of $117.00.

BOK Financial Trading Down 4.4 %

Shares of BOK Financial stock traded down $4.09 on Thursday, hitting $88.13. The stock had a trading volume of 439,705 shares, compared to its average volume of 147,524. The stock has a 50 day moving average of $103.62 and a 200 day moving average of $108.36. The firm has a market capitalization of $5.66 billion, a P/E ratio of 10.84 and a beta of 0.93. BOK Financial Co. has a twelve month low of $85.02 and a twelve month high of $121.58. 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 announced its quarterly earnings results 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 9.86%. Sell-side analysts expect that BOK Financial Co. will post 8.83 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.59%. The ex-dividend date was Wednesday, February 12th. 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.