Bank of the Ozarks (NASDAQ:OZRK)‘s stock had its “buy” rating reiterated by stock analysts at Brean Capital in a research note issued on Monday.

OZRK has been the topic of several other reports. Zacks Investment Research upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $50.00 price target on shares of Bank of the Ozarks in a research report on Thursday, October 12th. Raymond James Financial, Inc. lowered their price target on Bank of the Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a research report on Thursday, October 12th. Piper Jaffray Companies reiterated an “overweight” rating and set a $55.00 price target on shares of Bank of the Ozarks in a research report on Thursday, October 5th. Finally, ValuEngine cut Bank of the Ozarks from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $54.13.

Shares of Bank of the Ozarks (NASDAQ:OZRK) traded down 1.57% on Monday, reaching $46.50. The company had a trading volume of 577,864 shares. Bank of the Ozarks has a 12 month low of $35.53 and a 12 month high of $56.86. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 15.85 and a beta of 1.53. The stock has a 50 day moving average price of $45.98 and a 200-day moving average price of $45.97.

Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.01. The firm had revenue of $242.47 million for the quarter, compared to the consensus estimate of $243.67 million. Bank of the Ozarks had a return on equity of 11.85% and a net margin of 65.67%. During the same quarter in the previous year, the business earned $0.66 EPS. Analysts forecast that Bank of the Ozarks will post $2.96 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. First Midwest Bank Trust Division grew its holdings in shares of Bank of the Ozarks by 0.4% in the 2nd quarter. First Midwest Bank Trust Division now owns 33,502 shares of the financial services provider’s stock worth $1,570,000 after acquiring an additional 143 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Bank of the Ozarks by 15.0% in the 2nd quarter. American Century Companies Inc. now owns 1,155,532 shares of the financial services provider’s stock worth $54,160,000 after acquiring an additional 150,562 shares during the last quarter. Sabal Trust CO acquired a new position in shares of Bank of the Ozarks in the 3rd quarter worth $460,000. Principal Financial Group Inc. grew its holdings in shares of Bank of the Ozarks by 144.6% in the 2nd quarter. Principal Financial Group Inc. now owns 3,138,880 shares of the financial services provider’s stock worth $147,117,000 after acquiring an additional 1,855,697 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in shares of Bank of the Ozarks by 4.8% in the 2nd quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock worth $490,162,000 after acquiring an additional 480,415 shares during the last quarter. Institutional investors and hedge funds own 86.20% of the company’s stock.

About Bank of the Ozarks

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Analyst Recommendations for Bank of the Ozarks (NASDAQ:OZRK)

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