Colony Group LLC boosted its holdings in shares of Bank of the Ozarks (NASDAQ:OZRK) by 12.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,502 shares of the financial services provider’s stock after purchasing an additional 5,103 shares during the quarter. Colony Group LLC’s holdings in Bank of the Ozarks were worth $2,234,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in OZRK. Russell Investments Group Ltd. raised its stake in Bank of the Ozarks by 5.9% during the second quarter. Russell Investments Group Ltd. now owns 190,729 shares of the financial services provider’s stock valued at $8,939,000 after purchasing an additional 10,690 shares in the last quarter. Public Employees Retirement Association of Colorado raised its stake in Bank of the Ozarks by 20.5% during the second quarter. Public Employees Retirement Association of Colorado now owns 21,155 shares of the financial services provider’s stock valued at $992,000 after purchasing an additional 3,592 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in Bank of the Ozarks by 30.8% during the second quarter. Great West Life Assurance Co. Can now owns 73,623 shares of the financial services provider’s stock valued at $3,450,000 after purchasing an additional 17,353 shares in the last quarter. Cigna Investments Inc. New purchased a new stake in Bank of the Ozarks during the second quarter valued at $221,000. Finally, Arizona State Retirement System raised its stake in Bank of the Ozarks by 35.1% during the second quarter. Arizona State Retirement System now owns 51,200 shares of the financial services provider’s stock valued at $2,400,000 after purchasing an additional 13,300 shares in the last quarter. 86.28% of the stock is currently owned by institutional investors.

A number of research firms recently issued reports on OZRK. Brean Capital reaffirmed a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, December 6th. 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 13th. SunTrust Banks reaffirmed a “hold” rating and set a $50.00 price target on shares of Bank of the Ozarks in a research note on Thursday, October 12th. Raymond James Financial decreased their price target on shares of Bank of the Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a research note on Thursday, October 12th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and set a $55.00 price target on shares of Bank of the Ozarks in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. Bank of the Ozarks has a consensus rating of “Hold” and a consensus price target of $54.14.

Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at $46.51 on Thursday. Bank of the Ozarks has a 12 month low of $40.15 and a 12 month high of $56.86. The firm has a market cap of $5,960.00, a price-to-earnings ratio of 15.67, a PEG ratio of 1.30 and a beta of 1.50. The company has a quick ratio of 0.99, a current ratio of 0.93 and a debt-to-equity ratio of 0.07.

Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The business had revenue of $242.47 million for the quarter, compared to the consensus estimate of $243.67 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. sell-side analysts expect that Bank of the Ozarks will post 2.95 EPS for the current year.

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About Bank of the Ozarks

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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