Columbia Partners L.L.C. Investment Management bought a new position in shares of Bank Ozk (NASDAQ:OZK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 64,625 shares of the company’s stock, valued at approximately $2,453,000. Columbia Partners L.L.C. Investment Management owned approximately 0.05% of Bank Ozk at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Oregon Public Employees Retirement Fund acquired a new position in shares of Bank Ozk in the 2nd quarter worth $2,139,000. Public Employees Retirement System of Ohio acquired a new position in shares of Bank Ozk in the 2nd quarter worth $1,932,000. BKD Wealth Advisors LLC acquired a new position in shares of Bank Ozk in the 3rd quarter worth $304,000. State of Alaska Department of Revenue acquired a new position in shares of Bank Ozk in the 3rd quarter worth $479,000. Finally, Bank of Montreal Can acquired a new stake in shares of Bank Ozk in the third quarter worth $434,000. 89.03% of the stock is owned by institutional investors.
Several analysts have recently commented on the company. Zacks Investment Research cut Bank Ozk from a “hold” rating to a “sell” rating in a research report on Tuesday, September 11th. Brean Capital reaffirmed a “buy” rating on shares of Bank Ozk in a research report on Monday, October 29th. Barclays decreased their target price on Bank Ozk from $38.00 to $27.00 and set an “underweight” rating for the company in a research report on Monday, October 22nd. ValuEngine cut Bank Ozk from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 13th. Finally, Stephens reaffirmed a “hold” rating and issued a $48.00 target price on shares of Bank Ozk in a research report on Thursday, October 18th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. Bank Ozk has a consensus rating of “Hold” and a consensus target price of $32.63.
Shares of Bank Ozk stock opened at $27.10 on Monday. The firm has a market capitalization of $3.47 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 0.71 and a beta of 1.51. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.09. Bank Ozk has a 12 month low of $24.15 and a 12 month high of $53.70.
Bank Ozk (NASDAQ:OZK) last issued its earnings results on Thursday, October 18th. The company reported $0.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.32). The business had revenue of $244.74 million during the quarter, compared to analyst estimates of $258.05 million. Bank Ozk had a return on equity of 11.17% and a net margin of 38.37%. During the same period last year, the business earned $0.75 EPS. As a group, analysts predict that Bank Ozk will post 3.18 earnings per share for the current fiscal year.
Bank Ozk Company Profile
Bank OZK 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.
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