Bank of the Ozarks (NASDAQ:OZRK) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

OZRK has been the subject of several other research reports. BidaskClub downgraded Bank of the Ozarks from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Zacks Investment Research raised Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Monday, August 28th. Morgan Stanley initiated coverage on Bank of the Ozarks in a report on Wednesday, August 2nd. They issued an “overweight” rating and a $54.00 price target for the company. Stephens set a $48.00 price target on Bank of the Ozarks and gave the stock a “hold” rating in a report on Friday, July 28th. Finally, Brean Capital set a $63.00 price target on Bank of the Ozarks and gave the stock a “buy” rating in a report on Thursday, May 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $52.25.

Bank of the Ozarks (NASDAQ:OZRK) opened at 43.05 on Friday. The firm’s 50-day moving average is $44.02 and its 200 day moving average is $48.09. Bank of the Ozarks has a 1-year low of $35.53 and a 1-year high of $56.86. The company has a market cap of $5.52 billion, a PE ratio of 15.14 and a beta of 1.52.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings results on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, hitting the consensus estimate of $0.73. The business had revenue of $237.30 million during the quarter, compared to the consensus estimate of $232.85 million. Bank of the Ozarks had a return on equity of 11.75% and a net margin of 46.15%. The company’s quarterly revenue was up 64.8% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. Analysts predict that Bank of the Ozarks will post $2.97 earnings per share for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in OZRK. US Bancorp DE increased its stake in Bank of the Ozarks by 15.3% in the first quarter. US Bancorp DE now owns 16,578 shares of the financial services provider’s stock worth $861,000 after buying an additional 2,195 shares during the period. Flinton Capital Management LLC increased its stake in Bank of the Ozarks by 9.3% in the first quarter. Flinton Capital Management LLC now owns 4,592 shares of the financial services provider’s stock worth $239,000 after buying an additional 392 shares during the period. Advisors Asset Management Inc. increased its stake in Bank of the Ozarks by 84.1% in the first quarter. Advisors Asset Management Inc. now owns 44,065 shares of the financial services provider’s stock worth $2,292,000 after buying an additional 20,129 shares during the period. State Board of Administration of Florida Retirement System increased its stake in Bank of the Ozarks by 0.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 52,857 shares of the financial services provider’s stock worth $2,749,000 after buying an additional 410 shares during the period. Finally, Tyers Asset Management LLC increased its stake in Bank of the Ozarks by 9.3% in the first quarter. Tyers Asset Management LLC now owns 3,608 shares of the financial services provider’s stock worth $188,000 after buying an additional 308 shares during the period. 87.90% of the stock is owned by hedge funds and other institutional investors.

Bank of the Ozarks Company Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Analyst Recommendations for Bank of the Ozarks (NASDAQ:OZRK)

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