Bank Of The Ozarks Inc (OZRK) Position Lifted by Profund Advisors LLC

Profund Advisors LLC increased its holdings in Bank Of The Ozarks Inc (NASDAQ:OZRK) by 11.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,921 shares of the financial services provider’s stock after acquiring an additional 2,153 shares during the quarter. Profund Advisors LLC’s holdings in Bank Of The Ozarks were worth $1,010,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. BB&T Securities LLC lifted its stake in shares of Bank Of The Ozarks by 31.4% in the first quarter. BB&T Securities LLC now owns 31,954 shares of the financial services provider’s stock worth $1,542,000 after acquiring an additional 7,639 shares in the last quarter. Westover Capital Advisors LLC acquired a new position in shares of Bank Of The Ozarks in the first quarter worth about $709,000. Fiera Capital Corp lifted its stake in shares of Bank Of The Ozarks by 54.1% in the first quarter. Fiera Capital Corp now owns 714,727 shares of the financial services provider’s stock worth $34,500,000 after acquiring an additional 250,785 shares in the last quarter. Tdam USA Inc. lifted its stake in shares of Bank Of The Ozarks by 3.9% in the first quarter. Tdam USA Inc. now owns 184,220 shares of the financial services provider’s stock worth $8,892,000 after acquiring an additional 6,895 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of Bank Of The Ozarks by 16.8% in the first quarter. Stifel Financial Corp now owns 245,862 shares of the financial services provider’s stock worth $11,865,000 after acquiring an additional 35,358 shares in the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

Several research analysts recently commented on the company. Brean Capital reiterated a “buy” rating on shares of Bank Of The Ozarks in a research note on Monday, May 14th. Zacks Investment Research upgraded Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research note on Monday, April 16th. Barclays cut their price target on Bank Of The Ozarks from $60.00 to $57.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 11th. BidaskClub cut Bank Of The Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. Finally, UBS Group assumed coverage on Bank Of The Ozarks in a research note on Thursday, March 22nd. They issued a “sell” rating and a $45.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. Bank Of The Ozarks currently has an average rating of “Hold” and a consensus price target of $54.60.

Shares of Bank Of The Ozarks opened at $48.94 on Wednesday, according to MarketBeat. Bank Of The Ozarks Inc has a 52-week low of $40.15 and a 52-week high of $53.70. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.11 and a beta of 1.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.95 and a current ratio of 0.95.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Thursday, April 12th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.03. Bank Of The Ozarks had a return on equity of 11.65% and a net margin of 40.54%. The firm had revenue of $246.48 million for the quarter, compared to analysts’ expectations of $246.11 million. During the same quarter in the prior year, the firm posted $0.73 earnings per share. equities research analysts predict that Bank Of The Ozarks Inc will post 3.69 EPS for the current fiscal year.

Bank Of The Ozarks Company Profile

Bank of the Ozarks provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.

Institutional Ownership by Quarter for Bank Of The Ozarks (NASDAQ:OZRK)

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