Crossmark Global Holdings Inc. acquired a new stake in Bank of the Ozarks (NASDAQ:OZRK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,662 shares of the financial services provider’s stock, valued at approximately $656,000.

A number of other large investors have also recently bought and sold shares of OZRK. OppenheimerFunds Inc. purchased a new position in Bank of the Ozarks in the 1st quarter valued at about $301,000. Teachers Advisors LLC raised its stake in shares of Bank of the Ozarks by 8.0% in the 1st quarter. Teachers Advisors LLC now owns 181,915 shares of the financial services provider’s stock valued at $9,461,000 after purchasing an additional 13,421 shares in the last quarter. Capstone Asset Management Co. raised its stake in shares of Bank of the Ozarks by 27.9% in the 2nd quarter. Capstone Asset Management Co. now owns 12,532 shares of the financial services provider’s stock valued at $587,000 after purchasing an additional 2,730 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Bank of the Ozarks by 39.7% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 44,336 shares of the financial services provider’s stock valued at $2,078,000 after purchasing an additional 12,597 shares in the last quarter. Finally, Cape Cod Five Cents Savings Bank raised its stake in shares of Bank of the Ozarks by 36.8% in the 2nd quarter. Cape Cod Five Cents Savings Bank now owns 19,357 shares of the financial services provider’s stock valued at $908,000 after purchasing an additional 5,209 shares in the last quarter. 87.84% of the stock is owned by institutional investors.

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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. Stephens set a $48.00 target price on shares of Bank of the Ozarks and gave the company a “hold” rating in a research note on Thursday, August 3rd. Brean Capital restated a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. Morgan Stanley assumed coverage on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. They issued an “overweight” rating and a $54.00 target price on the stock. Finally, Piper Jaffray Companies restated an “overweight” rating and issued a $55.00 target price on shares of Bank of the Ozarks in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $54.13.

Shares of Bank of the Ozarks (NASDAQ OZRK) opened at $44.19 on Thursday. The firm has a market cap of $5,655.64, a PE ratio of 14.94, a P/E/G ratio of 1.23 and a beta of 1.50. Bank of the Ozarks has a 12 month low of $40.15 and a 12 month high of $56.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.99 and a current ratio of 0.93.

Bank of the Ozarks (NASDAQ:OZRK) last released its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.01. The firm had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. During the same quarter in the prior year, the business earned $0.66 earnings per share. analysts expect that Bank of the Ozarks will post 2.96 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, October 13th were paid a dividend of $0.185 per share. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. The ex-dividend date was Thursday, October 12th. This represents a $0.74 annualized dividend and a yield of 1.67%. Bank of the Ozarks’s dividend payout ratio is 25.26%.

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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