Rhumbline Advisers lowered its position in BOK Financial Corporation (NASDAQ:BOKF) by 6.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,088 shares of the bank’s stock after selling 2,211 shares during the period. Rhumbline Advisers’ holdings in BOK Financial Corporation were worth $2,531,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BOKF. SG Americas Securities LLC raised its stake in shares of BOK Financial Corporation by 45.4% in the first quarter. SG Americas Securities LLC now owns 2,557 shares of the bank’s stock valued at $200,000 after acquiring an additional 798 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of BOK Financial Corporation by 11.7% in the first quarter. Pacer Advisors Inc. now owns 2,686 shares of the bank’s stock valued at $210,000 after acquiring an additional 282 shares during the last quarter. Laurion Capital Management LP bought a new position in shares of BOK Financial Corporation in the first quarter valued at approximately $248,000. UBS Group AG raised its stake in shares of BOK Financial Corporation by 81.3% in the first quarter. UBS Group AG now owns 3,670 shares of the bank’s stock valued at $288,000 after acquiring an additional 1,646 shares during the last quarter. Finally, Amalgamated Bank raised its stake in shares of BOK Financial Corporation by 3.2% in the first quarter. Amalgamated Bank now owns 3,684 shares of the bank’s stock valued at $288,000 after acquiring an additional 115 shares during the last quarter. Institutional investors own 32.34% of the company’s stock.

Shares of BOK Financial Corporation (NASDAQ BOKF) opened at 82.13 on Wednesday. The firm’s 50-day moving average is $82.15 and its 200-day moving average is $81.73. BOK Financial Corporation has a 12-month low of $65.74 and a 12-month high of $88.80. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of 17.93 and a beta of 1.00.

BOK Financial Corporation (NASDAQ:BOKF) last issued its quarterly earnings data on Wednesday, July 26th. The bank reported $1.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.05. The business had revenue of $387.46 million during the quarter, compared to the consensus estimate of $384.52 million. BOK Financial Corporation had a net margin of 18.96% and a return on equity of 8.87%. During the same quarter in the prior year, the firm earned $1.00 EPS. Analysts predict that BOK Financial Corporation will post $5.39 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Friday, August 11th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.14%. The ex-dividend date was Wednesday, August 9th. BOK Financial Corporation’s payout ratio is 38.34%.

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Several research analysts recently weighed in on BOKF shares. ValuEngine upgraded shares of BOK Financial Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Stephens restated a “buy” rating and issued a $95.00 price objective on shares of BOK Financial Corporation in a research report on Tuesday, June 6th. Morgan Stanley restated an “equal weight” rating and issued a $81.00 price objective (up previously from $80.00) on shares of BOK Financial Corporation in a research report on Saturday, June 3rd. Piper Jaffray Companies restated a “hold” rating and issued a $89.00 price objective on shares of BOK Financial Corporation in a research report on Friday, July 14th. Finally, Hovde Group dropped their price objective on shares of BOK Financial Corporation from $97.00 to $94.00 and set an “outperform” rating for the company in a research report on Wednesday, June 28th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $89.75.

In other news, EVP Stacy Kymes sold 3,000 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $85.06, for a total transaction of $255,180.00. Following the completion of the transaction, the executive vice president now owns 29,627 shares of the company’s stock, valued at $2,520,072.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Scott Grauer sold 1,750 shares of the firm’s stock in a transaction on Monday, June 26th. The shares were sold at an average price of $80.96, for a total transaction of $141,680.00. Following the transaction, the executive vice president now directly owns 23,935 shares of the company’s stock, valued at approximately $1,937,777.60. The disclosure for this sale can be found here. In the last three months, insiders sold 5,300 shares of company stock valued at $441,751. 62.00% of the stock is owned by insiders.

BOK Financial Corporation Company Profile

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

Institutional Ownership by Quarter for BOK Financial Corporation (NASDAQ:BOKF)

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