CI Investments Inc. Sells 12,496 Shares of Bank OZK $OZK

CI Investments Inc. reduced its position in Bank OZK (NASDAQ:OZK) by 6.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 178,282 shares of the company’s stock after selling 12,496 shares during the period. CI Investments Inc.’s holdings in Bank OZK were worth $8,181,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Ruffer LLP bought a new stake in Bank OZK during the 4th quarter valued at approximately $3,137,000. UBS Group AG increased its position in Bank OZK by 13.4% in the 4th quarter. UBS Group AG now owns 531,843 shares of the company’s stock worth $24,475,000 after buying an additional 63,051 shares during the period. Allspring Global Investments Holdings LLC increased its position in Bank OZK by 21.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 284,258 shares of the company’s stock worth $13,371,000 after buying an additional 50,258 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Bank OZK by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 285,876 shares of the company’s stock worth $14,574,000 after buying an additional 51,171 shares during the last quarter. Finally, Van Berkom & Associates Inc. boosted its position in shares of Bank OZK by 2.8% in the fourth quarter. Van Berkom & Associates Inc. now owns 1,869,432 shares of the company’s stock valued at $86,031,000 after acquiring an additional 50,985 shares during the period. 86.18% of the stock is owned by hedge funds and other institutional investors.

Key Bank OZK News

Here are the key news stories impacting Bank OZK this week:

• Positive Sentiment: Management said Bank OZK is continuing to diversify its loan book, with real estate exposure dropping below 50% and the company outlining mid-single-digit loan growth for 2026, which could reduce concentration risk over time. Bank OZK drops real estate exposure below 50%
• Positive Sentiment: Bank OZK’s earnings call highlighted diversification gains and continued momentum in its commercial and industrial banking business, suggesting some parts of the franchise are offsetting weakness elsewhere. Bank OZK Earnings Call: Diversification Gains Amid Headwinds
• Positive Sentiment: Zacks Research raised earnings estimates for FY2026 and upcoming quarters, indicating some analysts see modestly better profitability ahead. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
• Neutral Sentiment: Morgan Stanley kept a Hold rating and a $56 price target, signaling a cautious but not bearish stance after the earnings update. Hold Rating Reiterated on Bank OZK as Earnings Headwinds Offset by CIB Momentum; $56 Price Target Unchanged
• Neutral Sentiment: The company also opened a new Denton location, a small expansion move that supports long-term footprint growth but is unlikely to drive the stock in the near term. Bank OZK to offer financial services at new Denton location
• Negative Sentiment: Q2 results showed earnings beat estimates, but revenue, net interest income, and credit quality trends were weaker than expected, which is weighing on sentiment and helping explain the stock’s recent weakness. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
• Negative Sentiment: Recent reports said quarterly net income and revenue declined, reinforcing concerns that near-term earnings pressure may persist despite the diversification strategy. Bank OZK posts quarterly declines in net income, revenue

Bank OZK Stock Down 1.7%

OZK opened at $50.12 on Friday. The company has a market capitalization of $5.61 billion, a P/E ratio of 8.28 and a beta of 0.89. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 1.00. The firm’s fifty day moving average price is $49.93 and its two-hundred day moving average price is $48.27. Bank OZK has a fifty-two week low of $42.37 and a fifty-two week high of $53.66.

Bank OZK (NASDAQ:OZK) last posted its earnings results on Tuesday, July 21st. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. Bank OZK had a net margin of 24.95% and a return on equity of 11.87%. The business had revenue of $430.02 million for the quarter, compared to analysts’ expectations of $436.42 million. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. On average, analysts anticipate that Bank OZK will post 5.98 EPS for the current year.

Bank OZK announced that its Board of Directors has approved a stock repurchase program on Monday, June 29th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 3.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Bank OZK Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Monday, July 13th were given a dividend of $0.48 per share. The ex-dividend date was Monday, July 13th. This represents a $1.92 annualized dividend and a dividend yield of 3.8%. This is a positive change from Bank OZK’s previous quarterly dividend of $0.47. Bank OZK’s dividend payout ratio is presently 31.27%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Morgan Stanley raised their price objective on shares of Bank OZK from $54.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. TD Cowen downgraded shares of Bank OZK from a “buy” rating to a “hold” rating and set a $53.00 price target for the company. in a report on Monday, July 6th. Wells Fargo & Company raised their price target on shares of Bank OZK from $50.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Monday, July 6th. Wall Street Zen upgraded shares of Bank OZK from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $61.00 price objective on shares of Bank OZK in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Bank OZK currently has a consensus rating of “Hold” and a consensus target price of $56.12.

Bank OZK Company Profile

Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.

The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.