BOK Financial Corporation $BOKF Shares Sold by Chilton Capital Management LLC

Chilton Capital Management LLC trimmed its holdings in shares of BOK Financial Corporation (NASDAQ:BOKF) by 49.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,461 shares of the bank’s stock after selling 1,405 shares during the period. Chilton Capital Management LLC’s holdings in BOK Financial were worth $143,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Dimensional Fund Advisors LP raised its holdings in shares of BOK Financial by 3.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,463,151 shares of the bank’s stock worth $256,531,000 after purchasing an additional 90,948 shares during the period. Ariel Investments LLC raised its holdings in shares of BOK Financial by 0.3% during the first quarter. Ariel Investments LLC now owns 1,808,295 shares of the bank’s stock worth $188,334,000 after purchasing an additional 5,614 shares during the period. AQR Capital Management LLC raised its holdings in shares of BOK Financial by 39.8% during the first quarter. AQR Capital Management LLC now owns 579,732 shares of the bank’s stock worth $59,446,000 after purchasing an additional 165,184 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of BOK Financial by 13.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 269,292 shares of the bank’s stock worth $27,314,000 after purchasing an additional 32,460 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of BOK Financial by 6.4% during the first quarter. Millennium Management LLC now owns 268,887 shares of the bank’s stock worth $28,005,000 after purchasing an additional 16,108 shares during the period. 34.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BOKF has been the subject of several recent research reports. Credit Suisse Group set a $116.00 price target on shares of BOK Financial in a research report on Wednesday. Royal Bank Of Canada upped their price target on shares of BOK Financial from $110.00 to $124.00 and gave the stock a “sector perform” rating in a research report on Friday, October 10th. Wall Street Zen lowered shares of BOK Financial from a “hold” rating to a “sell” rating in a research report on Sunday, October 19th. Barclays upgraded shares of BOK Financial to a “hold” rating in a research report on Wednesday, October 8th. Finally, DA Davidson upped their price target on shares of BOK Financial from $120.00 to $122.00 and gave the stock a “buy” rating in a research report on Wednesday. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $115.55.

BOK Financial Price Performance

Shares of NASDAQ BOKF opened at $106.28 on Monday. BOK Financial Corporation has a twelve month low of $85.07 and a twelve month high of $121.58. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 12.67 and a beta of 0.88. The firm has a 50-day moving average of $110.51 and a two-hundred day moving average of $101.95.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings results on Monday, September 8th. The bank reported $2.02 earnings per share for the quarter. The company had revenue of $298.49 million during the quarter. BOK Financial had a net margin of 15.98% and a return on equity of 9.35%. As a group, analysts expect that BOK Financial Corporation will post 8.83 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were issued a $0.57 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.1%. BOK Financial’s dividend payout ratio is currently 27.18%.

About BOK Financial

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.