Legal & General Group Plc Has $2.41 Million Stock Position in BOK Financial Co. (NASDAQ:BOKF)

Legal & General Group Plc lessened its position in shares of BOK Financial Co. (NASDAQ:BOKF) by 28.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,613 shares of the bank’s stock after selling 8,977 shares during the quarter. Legal & General Group Plc’s holdings in BOK Financial were worth $2,407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BOKF. Picton Mahoney Asset Management acquired a new position in BOK Financial during the fourth quarter worth $30,000. Venturi Wealth Management LLC boosted its stake in BOK Financial by 33.8% in the fourth quarter. Venturi Wealth Management LLC now owns 396 shares of the bank’s stock valued at $42,000 after acquiring an additional 100 shares during the last quarter. US Bancorp DE boosted its position in shares of BOK Financial by 12.5% in the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank’s stock worth $116,000 after purchasing an additional 121 shares during the last quarter. Aster Capital Management DIFC Ltd grew its stake in shares of BOK Financial by 538.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank’s stock worth $126,000 after purchasing an additional 997 shares during the period. Finally, KBC Group NV increased its holdings in BOK Financial by 32.7% in the fourth quarter. KBC Group NV now owns 1,201 shares of the bank’s stock valued at $128,000 after purchasing an additional 296 shares during the last quarter. Institutional investors own 34.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Stephens decreased their target price on BOK Financial from $124.00 to $110.00 and set an “equal weight” rating for the company in a research report on Wednesday. StockNews.com cut shares of BOK Financial from a “buy” rating to a “hold” rating in a research report on Monday, March 17th. Hovde Group decreased their price target on shares of BOK Financial from $122.00 to $110.00 and set an “outperform” rating for the company in a report on Wednesday. Wells Fargo & Company dropped their price objective on BOK Financial from $120.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 9th. Finally, Raymond James set a $105.00 target price on BOK Financial in a research note on Tuesday. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $111.60.

BOK Financial Stock Up 2.2 %

BOKF stock opened at $91.33 on Friday. The business has a 50-day moving average of $99.44 and a 200-day moving average of $107.43. BOK Financial Co. has a fifty-two week low of $85.08 and a fifty-two week high of $121.58. The stock has a market capitalization of $5.87 billion, a P/E ratio of 11.23 and a beta of 0.93. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings results on Monday, April 21st. The bank reported $1.86 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.15). The business had revenue of $500.37 million for the quarter, compared to the consensus estimate of $520.86 million. BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. On average, sell-side analysts anticipate that BOK Financial Co. will post 8.83 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $2.28 annualized dividend and a yield of 2.50%. BOK Financial’s dividend payout ratio (DPR) is presently 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.