Bank of the Ozarks (NASDAQ:OZRK)‘s stock had its “overweight” rating reaffirmed by analysts at Morgan Stanley in a research note issued to investors on Thursday. They presently have a $54.00 price target on the financial services provider’s stock. Morgan Stanley’s target price would indicate a potential upside of 16.10% from the stock’s current price.

OZRK has been the topic of several other reports. Zacks Investment Research raised Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Monday, August 28th. Brean Capital reissued a “buy” rating on shares of Bank of the Ozarks in a research report on Monday, October 30th. Piper Jaffray Companies reissued an “overweight” rating and issued a $55.00 target price on shares of Bank of the Ozarks in a research report on Thursday, October 5th. SunTrust Banks reissued a “hold” rating and issued a $50.00 target price on shares of Bank of the Ozarks in a research report on Thursday, October 12th. Finally, ValuEngine cut Bank of the Ozarks from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Bank of the Ozarks currently has a consensus rating of “Hold” and an average target price of $54.14.

Bank of the Ozarks (NASDAQ:OZRK) traded up $0.38 during midday trading on Thursday, reaching $46.51. The company had a trading volume of 1,508,000 shares, compared to its average volume of 1,204,810. Bank of the Ozarks has a 52 week low of $40.15 and a 52 week high of $56.86. The company has a market cap of $5,959.22, a P/E ratio of 15.74, a price-to-earnings-growth ratio of 1.30 and a beta of 1.49. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.93 and a quick ratio of 0.99.

Bank of the Ozarks (NASDAQ:OZRK) last released its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.74 by $0.01. Bank of the Ozarks had a return on equity of 11.85% and a net margin of 65.67%. The company had revenue of $242.47 million during the quarter, compared to the consensus estimate of $243.67 million. During the same period last year, the company earned $0.66 EPS. equities research analysts anticipate that Bank of the Ozarks will post 2.95 EPS for the current year.

A number of large investors have recently made changes to their positions in OZRK. Vanguard Group Inc. raised its stake in Bank of the Ozarks by 8.6% during the 2nd quarter. Vanguard Group Inc. now owns 10,724,158 shares of the financial services provider’s stock valued at $502,641,000 after purchasing an additional 852,398 shares during the period. BlackRock Inc. increased its stake in 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. State Street Corp increased its stake in Bank of the Ozarks by 6.3% in the 2nd quarter. State Street Corp now owns 6,091,667 shares of the financial services provider’s stock worth $285,516,000 after acquiring an additional 363,391 shares during the last quarter. FMR LLC increased its stake in Bank of the Ozarks by 4.1% in the 2nd quarter. FMR LLC now owns 5,010,828 shares of the financial services provider’s stock worth $234,858,000 after acquiring an additional 197,825 shares during the last quarter. Finally, BlackRock Fund Advisors increased its stake in Bank of the Ozarks by 14.8% in the 3rd quarter. BlackRock Fund Advisors now owns 4,901,072 shares of the financial services provider’s stock worth $188,201,000 after acquiring an additional 630,055 shares during the last quarter. 86.28% of the stock is currently owned by institutional investors and hedge funds.

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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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