Barclays PLC Boosts Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Barclays PLC lifted its holdings in BOK Financial Co. (NASDAQ:BOKF) by 67.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 33,658 shares of the bank’s stock after buying an additional 13,611 shares during the quarter. Barclays PLC’s holdings in BOK Financial were worth $3,581,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Picton Mahoney Asset Management acquired a new stake in shares of BOK Financial in the fourth quarter worth $30,000. Venturi Wealth Management LLC grew its holdings in BOK Financial by 33.8% during the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank’s stock worth $42,000 after acquiring an additional 100 shares in the last quarter. US Bancorp DE grew its holdings in BOK Financial by 12.5% during the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank’s stock worth $116,000 after acquiring an additional 121 shares in the last quarter. Aster Capital Management DIFC Ltd grew its holdings in BOK Financial by 538.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank’s stock worth $126,000 after acquiring an additional 997 shares in the last quarter. Finally, KBC Group NV grew its holdings in BOK Financial by 32.7% during the 4th quarter. KBC Group NV now owns 1,201 shares of the bank’s stock worth $128,000 after acquiring an additional 296 shares in the last quarter. Institutional investors and hedge funds own 34.44% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BOKF shares. Stephens reduced their price target on shares of BOK Financial from $124.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 23rd. Raymond James set a $105.00 price objective on BOK Financial in a report on Tuesday, April 22nd. StockNews.com lowered BOK Financial from a “buy” rating to a “hold” rating in a research note on Monday, March 17th. Hovde Group decreased their price target on BOK Financial from $122.00 to $110.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Finally, Royal Bank of Canada cut their price objective on BOK Financial from $119.00 to $104.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 23rd. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $111.60.

BOK Financial Price Performance

BOKF opened at $92.98 on Tuesday. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 11.44 and a beta of 0.93. BOK Financial Co. has a 1 year low of $85.08 and a 1 year high of $121.58. The company has a current ratio of 0.75, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57. The stock has a fifty day moving average price of $98.70 and a 200 day moving average price of $107.29.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings data on Monday, April 21st. The bank reported $1.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.15). The firm had revenue of $500.37 million for the quarter, compared to analyst estimates of $520.86 million. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. Analysts forecast that BOK Financial Co. will post 8.83 EPS for the current fiscal year.

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.