BOK Financial Corporation $BOKF Shares Bought by Inceptionr LLC

Inceptionr LLC increased its holdings in BOK Financial Corporation (NASDAQ:BOKF) by 100.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,392 shares of the bank’s stock after buying an additional 5,218 shares during the quarter. Inceptionr LLC’s holdings in BOK Financial were worth $1,231,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in BOK Financial by 173.1% in the 4th quarter. Farther Finance Advisors LLC now owns 213 shares of the bank’s stock worth $25,000 after buying an additional 135 shares during the period. Covestor Ltd increased its holdings in BOK Financial by 108.0% in the 4th quarter. Covestor Ltd now owns 366 shares of the bank’s stock worth $43,000 after buying an additional 190 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in BOK Financial in the 3rd quarter worth approximately $41,000. CIBC Private Wealth Group LLC acquired a new position in BOK Financial in the 3rd quarter worth approximately $55,000. Finally, Olistico Wealth LLC acquired a new position in BOK Financial in the 4th quarter worth approximately $59,000. Institutional investors and hedge funds own 34.44% of the company’s stock.

BOK Financial Trading Up 0.6%

Shares of NASDAQ:BOKF opened at $131.60 on Thursday. BOK Financial Corporation has a 1 year low of $91.35 and a 1 year high of $139.73. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 13.32 and a beta of 0.81. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81. The business’s 50 day moving average price is $131.23 and its 200-day moving average price is $127.15.

BOK Financial (NASDAQ:BOKF) last announced its earnings results on Monday, April 20th. The bank reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.28. BOK Financial had a return on equity of 9.89% and a net margin of 18.05%.The firm had revenue of $553.82 million for the quarter, compared to analyst estimates of $549.71 million. During the same quarter last year, the firm posted $1.86 EPS. On average, equities research analysts forecast that BOK Financial Corporation will post 10.24 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, May 27th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.63 per share. The ex-dividend date was Wednesday, May 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.9%. BOK Financial’s dividend payout ratio (DPR) is 25.51%.

Analyst Ratings Changes

Several equities analysts recently weighed in on BOKF shares. Zacks Research downgraded shares of BOK Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Wells Fargo & Company increased their price target on shares of BOK Financial from $115.00 to $127.00 and gave the stock an “equal weight” rating in a report on Monday, March 30th. Royal Bank Of Canada increased their price target on shares of BOK Financial from $136.00 to $145.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Barclays increased their price target on shares of BOK Financial from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 7th. Finally, DA Davidson upped their price objective on BOK Financial from $132.00 to $139.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $134.91.

Insider Activity

In other news, Director Steven Bangert sold 2,100 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $134.78, for a total transaction of $283,038.00. Following the transaction, the director owned 32,816 shares in the company, valued at $4,422,940.48. This trade represents a 6.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark B. Wade sold 1,700 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $132.62, for a total value of $225,454.00. Following the transaction, the executive vice president owned 20,361 shares in the company, valued at $2,700,275.82. This trade represents a 7.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,500 shares of company stock worth $738,571 in the last quarter. Corporate insiders own 63.53% of the company’s stock.

BOK Financial Profile

BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.