Ramsey Quantitative Systems increased its position in shares of BOK Financial Co. (NASDAQ:BOKF) by 21.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,678 shares of the bank’s stock after buying an additional 649 shares during the period. Ramsey Quantitative Systems’ holdings in BOK Financial were worth $358,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. BB&T Corp increased its stake in shares of BOK Financial by 10.6% during the third quarter. BB&T Corp now owns 21,214 shares of the bank’s stock valued at $2,063,000 after buying an additional 2,040 shares during the period. Bank of Montreal Can increased its stake in shares of BOK Financial by 50.7% during the third quarter. Bank of Montreal Can now owns 1,910 shares of the bank’s stock valued at $185,000 after buying an additional 643 shares during the period. State of Alaska Department of Revenue increased its stake in shares of BOK Financial by 27.7% during the third quarter. State of Alaska Department of Revenue now owns 3,500 shares of the bank’s stock valued at $339,000 after buying an additional 760 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of BOK Financial by 56.8% during the second quarter. Public Employees Retirement System of Ohio now owns 11,473 shares of the bank’s stock valued at $1,079,000 after buying an additional 4,156 shares during the period. Finally, Nomura Holdings Inc. purchased a new position in shares of BOK Financial during the second quarter valued at $215,000. Hedge funds and other institutional investors own 34.31% of the company’s stock.

BOKF opened at $92.00 on Thursday. BOK Financial Co. has a 1 year low of $80.11 and a 1 year high of $107.00. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 1.76 and a beta of 0.96.

BOK Financial (NASDAQ:BOKF) last posted its earnings results on Wednesday, July 25th. The bank reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.06. BOK Financial had a return on equity of 11.04% and a net margin of 21.91%. The company had revenue of $394.96 million for the quarter, compared to analyst estimates of $389.41 million. During the same quarter in the previous year, the firm earned $1.35 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Sell-side analysts predict that BOK Financial Co. will post 6.9 EPS for the current fiscal year.

Several brokerages have recently commented on BOKF. Zacks Investment Research upgraded BOK Financial from a “hold” rating to a “buy” rating and set a $114.00 price target on the stock in a research note on Wednesday, August 29th. BidaskClub upgraded BOK Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, September 11th. Hovde Group raised their price target on BOK Financial from $100.00 to $105.00 and gave the company a “market perform” rating in a research note on Thursday, July 26th. Piper Jaffray Companies upgraded BOK Financial from a “neutral” rating to an “overweight” rating in a research note on Wednesday, June 27th. Finally, SunTrust Banks restated a “hold” rating and set a $102.00 price target on shares of BOK Financial in a research note on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. BOK Financial presently has an average rating of “Hold” and an average target price of $106.77.

In other BOK Financial news, EVP Stephen D. Grossi sold 1,350 shares of the firm’s stock in a transaction dated Monday, August 13th. The stock was sold at an average price of $98.75, for a total value of $133,312.50. Following the completion of the sale, the executive vice president now owns 20,191 shares of the company’s stock, valued at $1,993,861.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director C Fred Ball, Jr. sold 476 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $103.28, for a total value of $49,161.28. Following the completion of the sale, the director now directly owns 3,592 shares of the company’s stock, valued at approximately $370,981.76. The disclosure for this sale can be found here. Insiders sold 2,276 shares of company stock worth $228,788 in the last quarter. 60.50% of the stock is owned by insiders.

BOK Financial Company Profile

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.

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

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