CI Investments Inc. Sells 12,496 Shares of Bank OZK $OZK

CI Investments Inc. trimmed its position in shares of Bank OZK (NASDAQ:OZK) by 6.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 178,282 shares of the company’s stock after selling 12,496 shares during the quarter. CI Investments Inc. owned 0.16% of Bank OZK worth $8,181,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in OZK. Quadrant Capital Group LLC lifted its holdings in shares of Bank OZK by 4.2% in the 4th quarter. Quadrant Capital Group LLC now owns 5,446 shares of the company’s stock worth $251,000 after acquiring an additional 218 shares during the last quarter. Kera Capital Partners Inc. boosted its stake in shares of Bank OZK by 2.1% during the 4th quarter. Kera Capital Partners Inc. now owns 11,336 shares of the company’s stock worth $539,000 after purchasing an additional 236 shares during the period. Cardinal Capital Management grew its holdings in Bank OZK by 0.6% during the 4th quarter. Cardinal Capital Management now owns 48,979 shares of the company’s stock valued at $2,254,000 after purchasing an additional 277 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in Bank OZK by 4.5% during the 4th quarter. Cornerstone Wealth Management LLC now owns 6,403 shares of the company’s stock valued at $295,000 after purchasing an additional 278 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its position in Bank OZK by 0.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 38,261 shares of the company’s stock worth $1,761,000 after purchasing an additional 317 shares during the period. Hedge funds and other institutional investors own 86.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OZK. Weiss Ratings raised shares of Bank OZK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company upped their target price on Bank OZK from $50.00 to $52.00 and gave the company an “equal weight” rating in a research note on Monday, July 6th. UBS Group started coverage on Bank OZK in a report on Tuesday, April 7th. They issued a “neutral” rating and a $48.00 price target on the stock. Piper Sandler reissued an “overweight” rating and set a $61.00 price target on shares of Bank OZK in a research note on Wednesday. Finally, Morgan Stanley boosted their price objective on Bank OZK from $54.00 to $56.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $56.12.

Key Stories Impacting Bank OZK

Here are the key news stories impacting Bank OZK this week:

• Positive Sentiment: Management said Bank OZK is continuing to diversify its loan book, with real estate exposure dropping below 50% and the company outlining mid-single-digit loan growth for 2026, which could reduce concentration risk over time. Bank OZK drops real estate exposure below 50%
• Positive Sentiment: Bank OZK’s earnings call highlighted diversification gains and continued momentum in its commercial and industrial banking business, suggesting some parts of the franchise are offsetting weakness elsewhere. Bank OZK Earnings Call: Diversification Gains Amid Headwinds
• Positive Sentiment: Zacks Research raised earnings estimates for FY2026 and upcoming quarters, indicating some analysts see modestly better profitability ahead. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
• Neutral Sentiment: Morgan Stanley kept a Hold rating and a $56 price target, signaling a cautious but not bearish stance after the earnings update. Hold Rating Reiterated on Bank OZK as Earnings Headwinds Offset by CIB Momentum; $56 Price Target Unchanged
• Neutral Sentiment: The company also opened a new Denton location, a small expansion move that supports long-term footprint growth but is unlikely to drive the stock in the near term. Bank OZK to offer financial services at new Denton location
• Negative Sentiment: Q2 results showed earnings beat estimates, but revenue, net interest income, and credit quality trends were weaker than expected, which is weighing on sentiment and helping explain the stock’s recent weakness. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
• Negative Sentiment: Recent reports said quarterly net income and revenue declined, reinforcing concerns that near-term earnings pressure may persist despite the diversification strategy. Bank OZK posts quarterly declines in net income, revenue

Bank OZK Trading Down 1.7%

Shares of OZK opened at $50.12 on Friday. Bank OZK has a 1-year low of $42.37 and a 1-year high of $53.66. The company has a 50-day moving average of $49.93 and a 200 day moving average of $48.27. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 8.28 and a beta of 0.89. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 1.00.

Bank OZK (NASDAQ:OZK) last issued its earnings results on Tuesday, July 21st. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. Bank OZK had a net margin of 24.95% and a return on equity of 11.87%. The business had revenue of $430.02 million for the quarter, compared to the consensus estimate of $436.42 million. During the same period in the prior year, the firm earned $1.47 EPS. The company’s revenue for the quarter was up .5% compared to the same quarter last year. On average, research analysts expect that Bank OZK will post 5.98 EPS for the current year.

Bank OZK announced that its Board of Directors has authorized a share buyback plan on Monday, June 29th that permits the company to buyback $200.00 million in shares. This buyback authorization permits the company to purchase up to 3.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Bank OZK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Monday, July 13th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.8%. This is an increase from Bank OZK’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, July 13th. Bank OZK’s payout ratio is currently 31.27%.

Bank OZK Company Profile

Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.

The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.