Swiss Nationwide Financial institution Has $12.33 Million Inventory Place in Financial institution OZK (NASDAQ:OZK)



Swiss Nationwide Financial institution raised its place in Financial institution OZK (NASDAQ:OZKGet Ranking) by 7.4% within the 1st quarter, in line with the corporate in its most up-to-date submitting with the Securities & Trade Fee. The institutional investor owned 288,833 shares of the corporate’s inventory after buying a further 19,900 shares through the interval. Swiss Nationwide Financial institution owned about 0.23% of Financial institution OZK price $12,333,000 as of its most up-to-date SEC submitting.

A number of different giant buyers have additionally lately added to or decreased their stakes within the firm. Charles Schwab Funding Administration Inc. raised its holdings in Financial institution OZK by 3.5% within the 4th quarter. Charles Schwab Funding Administration Inc. now owns 2,409,544 shares of the corporate’s inventory valued at $112,116,000 after buying a further 80,551 shares within the final quarter. Geode Capital Administration LLC raised its holdings in Financial institution OZK by 2.0% within the 4th quarter. Geode Capital Administration LLC now owns 1,616,195 shares of the corporate’s inventory valued at $75,201,000 after buying a further 32,174 shares within the final quarter. Copeland Capital Administration LLC raised its holdings in Financial institution OZK by 0.8% within the 1st quarter. Copeland Capital Administration LLC now owns 1,556,328 shares of the corporate’s inventory valued at $66,455,000 after buying a further 12,456 shares within the final quarter. Epoch Funding Companions Inc. grew its stake in shares of Financial institution OZK by 7.1% within the 4th quarter. Epoch Funding Companions Inc. now owns 934,250 shares of the corporate’s inventory valued at $43,471,000 after buying a further 61,985 shares through the interval. Lastly, First Belief Advisors LP grew its stake in shares of Financial institution OZK by 74.3% within the 4th 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 through the interval. Institutional buyers and hedge funds personal 80.35% of the corporate’s inventory.

Wall Avenue Analysts Forecast Progress

A number of analysis corporations have lately weighed in on OZK. UBS Group lowered their worth goal on Financial institution OZK from $48.00 to $44.00 and set a “impartial” score on the inventory in a analysis notice on Friday, July twenty ninth. Wells Fargo & Firm lowered Financial institution OZK from an “obese” score to an “equal weight” score and lowered their worth goal for the corporate from $58.00 to $42.00 in a analysis notice on Thursday, July seventh. Piper Sandler lowered their worth goal on Financial institution OZK to $54.00 in a analysis notice on Friday, July twenty second. Truist Monetary lowered their worth goal on Financial institution OZK from $44.00 to $42.00 in a analysis notice on Wednesday, June fifteenth. Lastly, Citigroup lowered their worth goal on Financial institution OZK from $50.00 to $45.00 in a analysis notice on Wednesday, April twenty seventh. Six funding analysts have rated the inventory with a maintain score and one has given a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the inventory at the moment has a consensus score of “Maintain” and a consensus worth goal of $47.50.

Financial institution OZK Inventory Down 1.3 %

NASDAQ OZK opened at $43.18 on Thursday. The agency has a market cap of $5.42 billion, a PE ratio of 10.07 and a beta of 1.47. Financial institution OZK has a one yr low of $34.79 and a one yr excessive of $51.39. The inventory’s 50 day easy transferring common is $38.70 and its 200 day easy transferring common is $41.38. 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 outcomes on Thursday, July twenty first. The corporate reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.07. Financial institution OZK had a return on fairness of 12.42% and a internet margin of 45.73%. Throughout the identical quarter final yr, the agency posted $1.16 EPS. As a gaggle, sell-side analysts forecast that Financial institution OZK will put up 4.49 earnings per share for the present fiscal yr.

Financial institution OZK Will increase Dividend

The corporate additionally lately disclosed a quarterly dividend, which was paid on Friday, July twenty second. Shareholders of report on Friday, July fifteenth got a $0.32 dividend. This represents a $1.28 dividend on an annualized foundation and a yield of two.96%. It is a optimistic change from Financial institution OZK’s earlier quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, July 14th. Financial institution OZK’s dividend payout ratio (DPR) is presently 29.84%.

Financial institution OZK Firm Profile

(Get Ranking)

Financial institution OZK gives numerous retail and industrial banking companies. It accepts numerous 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, shopper and enterprise function, 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.

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



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