BOK Financial (NASDAQ:BOKF)‘s stock had its “hold” rating reiterated by DA Davidson in a research note issued to investors on Thursday. They presently have a $103.00 target price on the bank’s stock. DA Davidson’s target price indicates a potential upside of 5.03% from the stock’s previous close. DA Davidson also issued estimates for BOK Financial’s Q3 2018 earnings at $1.66 EPS, Q4 2018 earnings at $1.62 EPS and FY2019 earnings at $6.86 EPS.
BOKF has been the subject of a number of other reports. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $89.00 price target on shares of BOK Financial in a research note on Thursday, October 19th. Zacks Investment Research cut BOK Financial from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. ValuEngine raised BOK Financial from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $92.00 price target on shares of BOK Financial in a research note on Friday, October 27th. Finally, Morgan Stanley upped their price target on BOK Financial from $85.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $97.89.
Shares of BOK Financial (NASDAQ BOKF) traded up $0.70 during mid-day trading on Thursday, hitting $98.07. The stock had a trading volume of 170,921 shares, compared to its average volume of 131,722. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 1.82. The company has a market cap of $6,367.51, a PE ratio of 19.15, a PEG ratio of 2.01 and a beta of 1.00. BOK Financial has a one year low of $73.44 and a one year high of $98.41.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new stake in BOK Financial during the 3rd quarter worth approximately $101,000. State of Alaska Department of Revenue bought a new stake in BOK Financial during the 4th quarter worth approximately $138,000. CIBC Asset Management Inc bought a new stake in BOK Financial during the 3rd quarter worth approximately $201,000. Arthur Zaske & Associates LLC bought a new stake in BOK Financial during the 3rd quarter worth approximately $210,000. Finally, BNP Paribas Arbitrage SA increased its stake in BOK Financial by 560.6% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,550 shares of the bank’s stock worth $227,000 after purchasing an additional 2,164 shares in the last quarter. 31.56% of the stock is owned by institutional investors and hedge funds.
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About BOK Financial
BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.
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