Barings LLC maintained its position in Bank of the Ozarks (NASDAQ:OZRK) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,818 shares of the financial services provider’s stock at the end of the 2nd quarter. Barings LLC’s holdings in Bank of the Ozarks were worth $2,123,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in OZRK. Broadview Advisors LLC raised its position in Bank of the Ozarks by 172.1% during the 2nd quarter. Broadview Advisors LLC now owns 203,491 shares of the financial services provider’s stock worth $9,538,000 after buying an additional 128,700 shares during the last quarter. Flinton Capital Management LLC raised its position in Bank of the Ozarks by 301.8% during the 2nd quarter. Flinton Capital Management LLC now owns 18,452 shares of the financial services provider’s stock worth $865,000 after buying an additional 13,860 shares during the last quarter. Prudential PLC raised its position in Bank of the Ozarks by 16.8% during the 2nd quarter. Prudential PLC now owns 2,124,000 shares of the financial services provider’s stock worth $99,552,000 after buying an additional 305,800 shares during the last quarter. Tudor Investment Corp ET AL raised its position in Bank of the Ozarks by 63.4% during the 2nd quarter. Tudor Investment Corp ET AL now owns 36,145 shares of the financial services provider’s stock worth $1,694,000 after buying an additional 14,020 shares during the last quarter. Finally, First Allied Advisory Services Inc. purchased a new position in Bank of the Ozarks during the 2nd quarter worth approximately $237,000. Institutional investors own 86.70% of the company’s stock.

Bank of the Ozarks (NASDAQ:OZRK) opened at 48.11 on Friday. The firm’s 50-day moving average is $44.22 and its 200-day moving average is $46.39. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 16.92 and a beta of 1.54. Bank of the Ozarks has a 52-week low of $35.53 and a 52-week high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings data on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, meeting the Thomson Reuters’ 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 revenue was up 64.8% compared to the same quarter last year. During the same period in the prior 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 year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 13th will be issued a $0.185 dividend. This is an increase from Bank of the Ozarks’s previous quarterly dividend of $0.18. This represents a $0.74 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, October 12th. Bank of the Ozarks’s dividend payout ratio is presently 25.35%.

A number of research firms have issued reports on OZRK. Stephens set a $48.00 price target on shares of Bank of the Ozarks and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Brean Capital reissued a “buy” rating and set a $59.00 price target on shares of Bank of the Ozarks in a research report on Friday, July 14th. ValuEngine lowered shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods set a $56.00 price target on shares of Bank of the Ozarks and gave the stock a “buy” rating in a research report on Thursday, July 6th. Finally, BidaskClub lowered shares of Bank of the Ozarks from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. Bank of the Ozarks presently has an average rating of “Hold” and an average target price of $52.57.

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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.

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Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

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