Bancorpsouth Inc. maintained its stake in shares of Bank of the Ozarks (NASDAQ:OZRK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,700 shares of the financial services provider’s stock at the end of the second quarter. Bank of the Ozarks comprises approximately 0.4% of Bancorpsouth Inc.’s investment portfolio, making the stock its 27th biggest position. Bancorpsouth Inc. owned approximately 0.07% of Bank of the Ozarks worth $4,392,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Exane Derivatives acquired a new position in shares of Bank of the Ozarks in the 2nd quarter valued at about $119,000. V Wealth Management LLC acquired a new position in shares of Bank of the Ozarks in the 2nd quarter valued at about $174,000. Opus Capital Group LLC acquired a new position in shares of Bank of the Ozarks in the 2nd quarter valued at about $203,000. Cigna Investments Inc. New acquired a new position in shares of Bank of the Ozarks in the 2nd quarter valued at about $221,000. Finally, Edge Wealth Management LLC acquired a new position in shares of Bank of the Ozarks in the 2nd quarter valued at about $235,000. 86.70% of the stock is owned by institutional investors.

Several research analysts have recently commented on OZRK shares. Brean Capital set a $59.00 price target on shares of Bank of the Ozarks and gave the company a “buy” rating in a report on Saturday, June 3rd. BidaskClub raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Stephens set a $64.00 price target on shares of Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, June 22nd. Keefe, Bruyette & Woods set a $56.00 price target on shares of Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, July 6th. Finally, Morgan Stanley started coverage on shares of Bank of the Ozarks in a report on Wednesday, August 2nd. They issued an “overweight” rating and a $54.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. Bank of the Ozarks presently has an average rating of “Hold” and a consensus price target of $53.14.

COPYRIGHT VIOLATION WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/bancorpsouth-inc-has-4392000-holdings-in-bank-of-the-ozarks-ozrk/1587253.html.

Bank of the Ozarks (NASDAQ:OZRK) last posted its earnings results on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.73. Bank of the Ozarks had a net margin of 46.15% and a return on equity of 11.75%. The business had revenue of $237.30 million for the quarter, compared to analyst estimates of $232.85 million. During the same quarter in the prior year, the firm earned $0.60 EPS. The firm’s quarterly revenue was up 64.8% compared to the same quarter last year.

Bank of the Ozarks Profile

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.

Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

Receive News & Ratings for Bank of the Ozarks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of the Ozarks and related companies with Analyst Ratings Network's FREE daily email newsletter.