Insider Selling: Stanley A. Lybarger Sells 24,250 Shares of BOK Financial Corp. Stock (BOKF)
BOK Financial Corp. (NASDAQ:BOKF) Director Stanley A. Lybarger sold 24,250 shares of BOK Financial Corp. stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $64.48, for a total value of $1,563,640.00. Following the transaction, the director now directly owns 66,737 shares of the company’s stock, valued at approximately $4,303,202. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of BOK Financial Corp. (NASDAQ:BOKF) traded down 0.34% during mid-day trading on Thursday, hitting $63.99. 247,740 shares of the company’s stock traded hands. BOK Financial Corp. has a 52-week low of $57.35 and a 52-week high of $69.36. The stock’s 50-day moving average is $64.71 and its 200-day moving average is $64.22. The company has a market cap of $4.404 billion and a P/E ratio of 13.99.
BOK Financial Corp. (NASDAQ:BOKF) last announced its earnings results on Wednesday, January 29th. The company reported $1.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.05 by $0.01. During the same quarter in the prior year, the company posted $1.10 earnings per share. On average, analysts predict that BOK Financial Corp. will post $4.24 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Wednesday, February 12th.
BOKF has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of BOK Financial Corp. from an “underperform” rating to a “neutral” rating in a research note on Monday, January 13th. They now have a $68.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $67.57.
BOK Financial Corporation is a financial holding company. BOK Financial offers service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.
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