GSA Capital Companions LLP Buys New Stake in Financial institution OZK (NASDAQ:OZK)



GSA Capital Companions LLP purchased a brand new stake in shares of Financial institution OZK (NASDAQ:OZKGet Ranking) within the first quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The institutional investor purchased 14,635 shares of the corporate’s inventory, valued at roughly $625,000.

Various different hedge funds and different institutional traders additionally just lately purchased and bought shares of OZK. Cambridge Funding Analysis Advisors Inc. bought a brand new stake in Financial institution OZK in the course of the fourth quarter valued at roughly $336,000. Envestnet Asset Administration Inc. lifted its place in Financial institution OZK by 5.4% in the course of the fourth quarter. Envestnet Asset Administration Inc. now owns 195,985 shares of the corporate’s inventory valued at $9,119,000 after buying a further 10,117 shares over the past quarter. American Century Firms Inc. lifted its place in Financial institution OZK by 15.6% in the course of the fourth quarter. American Century Firms Inc. now owns 80,525 shares of the corporate’s inventory valued at $3,747,000 after buying a further 10,892 shares over the past quarter. First Belief Advisors LP lifted its place in Financial institution OZK by 74.3% in the course of the fourth quarter. First Belief Advisors LP now owns 516,749 shares of the corporate’s inventory valued at $24,044,000 after buying a further 220,310 shares over the past quarter. Lastly, Financial institution of America Corp DE lifted its place in Financial institution OZK by 27.1% in the course of the fourth quarter. Financial institution of America Corp DE now owns 124,518 shares of the corporate’s inventory valued at $5,795,000 after buying a further 26,522 shares over the past quarter. Hedge funds and different institutional traders personal 80.35% of the corporate’s inventory.

Analyst Scores Adjustments

Various analysis companies just lately commented on OZK. Truist Monetary decreased their goal value on shares of Financial institution OZK from $44.00 to $42.00 in a analysis report on Wednesday, June fifteenth. Raymond James lower shares of Financial institution OZK from an “outperform” score to a “market carry out” score in a report on Thursday, July seventh. UBS Group decreased their value goal on shares of Financial institution OZK from $48.00 to $44.00 and set a “impartial” score for the corporate in a report on Friday, July twenty ninth. Piper Sandler decreased their value goal on shares of Financial institution OZK to $54.00 in a report on Friday, July twenty second. Lastly, Wells Fargo & Firm lower shares of Financial institution OZK from an “chubby” score to an “equal weight” score and decreased their value goal for the inventory from $58.00 to $42.00 in a report on Thursday, July seventh. Six analysts have rated the inventory with a maintain score and one has given a purchase score to the inventory. In response to MarketBeat.com, the inventory at the moment has a consensus score of “Maintain” and a consensus goal value of $47.50.

Financial institution OZK Inventory Down 0.2 %

NASDAQ:OZK opened at $41.75 on Wednesday. The agency has a market capitalization of $5.24 billion, a P/E ratio of 9.73 and a beta of 1.47. Financial institution OZK has a 1-year low of $34.79 and a 1-year excessive of $51.39. The corporate’s fifty day transferring common value is $39.06 and its 200-day transferring common value is $41.19. The corporate has a debt-to-equity ratio of 0.23, a present ratio of 0.98 and a fast ratio of 0.99.

Financial institution OZK (NASDAQ:OZKGet Ranking) final launched its quarterly earnings knowledge on Thursday, July twenty first. The corporate reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.07. Financial institution OZK had a web margin of 45.73% and a return on fairness of 12.42%. Throughout the identical interval final 12 months, the corporate earned $1.16 EPS. As a bunch, equities analysis analysts anticipate that Financial institution OZK will put up 4.49 EPS for the present 12 months.

Financial institution OZK Will increase Dividend

The corporate additionally just lately declared a quarterly dividend, which was paid on Friday, July twenty second. Traders of file on Friday, July fifteenth got a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of three.07%. The ex-dividend date of this dividend was Thursday, July 14th. It is a constructive change from Financial institution OZK’s earlier quarterly dividend of $0.31. Financial institution OZK’s dividend payout ratio (DPR) is at the moment 29.84%.

Financial institution OZK Firm Profile

(Get Ranking)

Financial institution OZK gives varied retail and industrial banking companies. It accepts varied deposit merchandise, together with non-interest-bearing checking, curiosity bearing transaction, enterprise sweep, financial savings, cash market, particular person retirement, and different accounts, in addition to time deposits. The corporate additionally gives actual property, client and enterprise objective, oblique leisure car and marine, industrial and industrial, authorities assured, agricultural, small enterprise, homebuilder, and inexpensive housing loans; enterprise aviation and subscription financing companies; and mortgage and different lending merchandise.

Additional Studying

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



Obtain Information & Scores for Financial institution OZK Every day – Enter your e-mail deal with under to obtain a concise each day abstract of the newest information and analysts’ scores for Financial institution OZK and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.



Source_link

Leave a Reply

Your email address will not be published.