Bank of the Ozarks Inc. (NASDAQ:OZRK) Director John Crawford Carter sold 1,125 shares of Bank of the Ozarks stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $37.05, for a total transaction of $41,681.25. Following the sale, the director now directly owns 10,085 shares of the company’s stock, valued at approximately $373,649.25. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Bank of the Ozarks Inc. (NASDAQ:OZRK) opened at 39.57 on Thursday. Bank of the Ozarks Inc. has a 12-month low of $33.51 and a 12-month high of $54.90. The company has a market cap of $4.79 billion, a P/E ratio of 16.34 and a beta of 1.26. The stock’s 50 day moving average is $37.99 and its 200 day moving average is $38.05.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings data on Tuesday, October 11th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.06. Bank of the Ozarks had a net margin of 49.74% and a return on equity of 12.84%. During the same quarter in the prior year, the business earned $0.54 earnings per share. On average, equities analysts forecast that Bank of the Ozarks Inc. will post $2.52 earnings per share for the current year.

Insider Buying and Selling by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 21st. Stockholders of record on Friday, October 14th were given a dividend of $0.165 per share. This is an increase from Bank of the Ozarks’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, October 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.67%. Bank of the Ozarks’s dividend payout ratio is currently 27.50%.

Several large investors have recently modified their holdings of OZRK. Envestnet Asset Management Inc. increased its stake in shares of Bank of the Ozarks by 12.3% in the first quarter. Envestnet Asset Management Inc. now owns 49,302 shares of the financial services provider’s stock valued at $2,069,000 after buying an additional 5,387 shares in the last quarter. Integre Asset Management LLC bought a new stake in shares of Bank of the Ozarks during the first quarter valued at about $479,000. Nuveen Asset Management LLC increased its stake in shares of Bank of the Ozarks by 17.5% in the first quarter. Nuveen Asset Management LLC now owns 38,251 shares of the financial services provider’s stock valued at $1,605,000 after buying an additional 5,690 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Bank of the Ozarks by 158.5% in the first quarter. Renaissance Technologies LLC now owns 639,340 shares of the financial services provider’s stock valued at $26,833,000 after buying an additional 392,023 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Bank of the Ozarks by 19.6% in the first quarter. Wellington Management Group LLP now owns 3,170,393 shares of the financial services provider’s stock valued at $133,061,000 after buying an additional 518,912 shares in the last quarter. 73.52% of the stock is owned by institutional investors.

OZRK has been the subject of several analyst reports. Wells Fargo & Co. set a $42.00 price objective on shares of Bank of the Ozarks and gave the company a “hold” rating in a research note on Wednesday, October 12th. Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Friday, October 7th. Rafferty Capital Markets assumed coverage on shares of Bank of the Ozarks in a research note on Friday, September 16th. They issued a “buy” rating and a $46.00 price objective for the company. Finally, Raymond James Financial Inc. upgraded shares of Bank of the Ozarks from a “market perform” rating to an “outperform” rating and set a $51.00 target price on the stock in a report on Thursday, August 25th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $46.33.

Bank of the Ozarks Company Profile

Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company, through the Bank, conducts operations through approximately 257 offices, including over 80 offices in Arkansas, approximately 30 in Georgia, over 20 in North Carolina, over 20 in Texas, approximately 44 in Florida, over three in Alabama, approximately two each in South Carolina and New York, and one in California.

5 Day Chart for NASDAQ:OZRK

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