Columbia Partners L.L.C. Investment Management Invests $2.45 Million in Bank Ozk (OZK)

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.

ILLEGAL ACTIVITY NOTICE: “Columbia Partners L.L.C. Investment Management Invests $2.45 Million in Bank Ozk (OZK)” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and republished in violation of international copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2018/12/03/columbia-partners-l-l-c-investment-management-invests-2-45-million-in-bank-ozk-ozk.html.

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.

Read More: Diversification

Institutional Ownership by Quarter for Bank Ozk (NASDAQ:OZK)

Receive News & Ratings for Bank Ozk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Ozk and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply