Bank Of The Ozarks Inc (NASDAQ:OZRK) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 18,328,657 shares, an increase of 28.2% from the May 15th total of 14,299,696 shares. Currently, 16.1% of the shares of the stock are sold short. Based on an average trading volume of 2,481,143 shares, the days-to-cover ratio is currently 7.4 days.

Bank Of The Ozarks (NASDAQ OZRK) opened at 47.96 on Friday. The firm has a 50-day moving average of $47.11 and a 200-day moving average of $51.11. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 17.55 and a beta of 1.51. Bank Of The Ozarks has a 52-week low of $33.51 and a 52-week high of $56.86.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Tuesday, April 11th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $219.83 million for the quarter, compared to analyst estimates of $225.45 million. Bank Of The Ozarks had a net margin of 35.19% and a return on equity of 12.55%. During the same period in the previous year, the firm posted $0.57 EPS. On average, equities research analysts forecast that Bank Of The Ozarks will post $3.01 EPS for the current fiscal year.

A number of analysts recently weighed in on OZRK shares. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $56.00 target price on shares of Bank Of The Ozarks in a research note on Wednesday, May 3rd. Stephens reissued a “buy” rating on shares of Bank Of The Ozarks in a research note on Wednesday, May 24th. Brean Capital set a $63.00 target price on shares of Bank Of The Ozarks and gave the company a “buy” rating in a research note on Thursday, May 18th. Zacks Investment Research cut shares of Bank Of The Ozarks from a “buy” rating to a “hold” rating in a research note on Thursday, April 13th. Finally, BidaskClub upgraded shares of Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research report on Saturday. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Bank Of The Ozarks presently has an average rating of “Buy” and a consensus price target of $52.43.

In related news, Director Peter C. Kenny sold 1,034 shares of the company’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $46.00, for a total value of $47,564.00. Following the sale, the director now owns 8,600 shares of the company’s stock, valued at $395,600. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Dan Thomas sold 19,737 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $47.37, for a total transaction of $934,941.69. Following the completion of the sale, the insider now directly owns 110,624 shares in the company, valued at approximately $5,240,258.88. The disclosure for this sale can be found here. In the last three months, insiders sold 22,760 shares of company stock worth $1,078,619. 8.70% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the stock. Sowell Financial Services LLC bought a new stake in shares of Bank Of The Ozarks during the first quarter valued at about $667,000. Grandeur Peak Global Advisors LLC increased its stake in Bank Of The Ozarks by 29.6% in the first quarter. Grandeur Peak Global Advisors LLC now owns 107,025 shares of the financial services provider’s stock valued at $5,566,000 after buying an additional 24,475 shares in the last quarter. HighTower Advisors LLC acquired a new stake in Bank Of The Ozarks during the first quarter valued at approximately $883,000. Credit Suisse AG increased its stake in Bank Of The Ozarks by 9.6% in the first quarter. Credit Suisse AG now owns 261,200 shares of the financial services provider’s stock valued at $13,586,000 after buying an additional 22,854 shares in the last quarter. Finally, Tudor Investment Corp ET AL increased its stake in Bank Of The Ozarks by 80.4% in the first quarter. Tudor Investment Corp ET AL now owns 22,125 shares of the financial services provider’s stock valued at $1,151,000 after buying an additional 9,861 shares in the last quarter. 91.19% of the stock is currently owned by institutional investors.

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Bank Of The Ozarks Company Profile

Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company provides a range of retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts.

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