Investment analysts at Wedbush began coverage on shares of BOK Financial Corp. (NASDAQ:BOKF) in a report issued on Thursday. The firm set a “neutral” rating on the stock.

A number of other equities research analysts have also issued reports on BOKF. Raymond James Financial Inc. reissued a “market perform” rating on shares of BOK Financial Corp. in a report on Thursday, July 28th. SunTrust Banks Inc. lowered shares of BOK Financial Corp. from a “buy” rating to a “neutral” rating and cut their price target for the stock from $80.00 to $62.00 in a report on Thursday, August 25th. Zacks Investment Research lowered shares of BOK Financial Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. RBC Capital Markets reissued a “sector perform” rating and issued a $68.00 price target (up previously from $61.00) on shares of BOK Financial Corp. in a report on Thursday, July 28th. Finally, Royal Bank Of Canada raised their price target on shares of BOK Financial Corp. from $61.00 to $68.00 and gave the stock a “sector perform” rating in a report on Thursday, July 28th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. BOK Financial Corp. presently has an average rating of “Hold” and a consensus target price of $65.75.

BOK Financial Corp. (NASDAQ:BOKF) traded down 0.45% during midday trading on Thursday, hitting $70.48. 193,401 shares of the company were exchanged. The stock has a 50 day moving average of $68.10 and a 200 day moving average of $62.65. BOK Financial Corp. has a 1-year low of $44.13 and a 1-year high of $75.18. The firm has a market capitalization of $4.64 billion, a PE ratio of 19.44 and a beta of 0.88.

BOK Financial Corp. (NASDAQ:BOKF) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.01. BOK Financial Corp. had a net margin of 16.55% and a return on equity of 7.23%. During the same period last year, the firm posted $1.15 EPS. On average, equities analysts predict that BOK Financial Corp. will post $3.87 earnings per share for the current fiscal year.

In other news, Director C Fred Ball, Jr. sold 1,226 shares of BOK Financial Corp. stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of $67.24, for a total value of $82,436.24. Following the completion of the sale, the director now directly owns 5,079 shares in the company, valued at $341,511.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director C Fred Ball, Jr. sold 937 shares of BOK Financial Corp. stock in a transaction that occurred on Wednesday, August 17th. The stock was sold at an average price of $67.20, for a total transaction of $62,966.40. Following the completion of the sale, the director now owns 6,305 shares of the company’s stock, valued at $423,696. The disclosure for this sale can be found here. Corporate insiders own 61.30% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Legal & General Group Plc raised its stake in shares of BOK Financial Corp. by 3.1% in the first quarter. Legal & General Group Plc now owns 2,373 shares of the company’s stock worth $130,000 after buying an additional 72 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of BOK Financial Corp. by 5.7% in the second quarter. Hsbc Holdings PLC now owns 4,224 shares of the company’s stock worth $264,000 after buying an additional 226 shares in the last quarter. Raymond James & Associates raised its stake in shares of BOK Financial Corp. by 1.6% in the second quarter. Raymond James & Associates now owns 31,541 shares of the company’s stock worth $1,978,000 after buying an additional 484 shares in the last quarter. FirstMerit Bank N A Trustee raised its stake in shares of BOK Financial Corp. by 20.6% in the second quarter. FirstMerit Bank N A Trustee now owns 5,359 shares of the company’s stock worth $336,000 after buying an additional 917 shares in the last quarter. Finally, Ironwood Investment Counsel LLC raised its stake in shares of BOK Financial Corp. by 9.1% in the second quarter. Ironwood Investment Counsel LLC now owns 11,957 shares of the company’s stock worth $750,000 after buying an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 36.67% of the company’s stock.

BOK Financial Corp. Company Profile

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Colorado, Arizona and Kansas/Missouri. Its segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other. The Commercial Banking segment includes lending, treasury and cash management services, and customer risk management products for small businesses, middle market and commercial customers.

5 Day Chart for NASDAQ:BOKF

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