American Century Companies Inc. increased its position in Bank of the Ozarks (NASDAQ:OZRK) by 15.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,155,532 shares of the financial services provider’s stock after buying an additional 150,562 shares during the period. American Century Companies Inc. owned 0.90% of Bank of the Ozarks worth $54,160,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Creative Planning boosted its position in shares of Bank of the Ozarks by 46.0% in the first quarter. Creative Planning now owns 4,556 shares of the financial services provider’s stock worth $237,000 after buying an additional 1,436 shares during the period. Capstone Asset Management Co. boosted its position in shares of Bank of the Ozarks by 2.6% in the first quarter. Capstone Asset Management Co. now owns 9,802 shares of the financial services provider’s stock worth $510,000 after buying an additional 250 shares during the period. Retirement Systems of Alabama boosted its position in shares of Bank of the Ozarks by 0.3% in the first quarter. Retirement Systems of Alabama now owns 117,697 shares of the financial services provider’s stock worth $6,121,000 after buying an additional 364 shares during the period. Profund Advisors LLC boosted its position in shares of Bank of the Ozarks by 3.4% in the first quarter. Profund Advisors LLC now owns 19,092 shares of the financial services provider’s stock worth $993,000 after buying an additional 622 shares during the period. Finally, Glen Harbor Capital Management LLC boosted its position in shares of Bank of the Ozarks by 9.3% in the first quarter. Glen Harbor Capital Management LLC now owns 2,624 shares of the financial services provider’s stock worth $137,000 after buying an additional 224 shares during the period. Hedge funds and other institutional investors own 87.90% of the company’s stock.

Bank of the Ozarks (NASDAQ OZRK) opened at 42.10 on Wednesday. The stock’s 50 day moving average price is $44.61 and its 200 day moving average price is $48.52. The company has a market cap of $5.40 billion, a PE ratio of 14.80 and a beta of 1.52. Bank of the Ozarks has a 12-month low of $35.53 and a 12-month high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings results on Wednesday, July 12th. The financial services provider reported $0.73 EPS for the quarter, hitting analysts’ consensus estimates of $0.73. The firm had revenue of $237.30 million for the quarter, compared to analysts’ expectations of $232.85 million. Bank of the Ozarks had a return on equity of 11.75% and a net margin of 46.15%. The business’s revenue for the quarter was up 64.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. Equities research analysts anticipate that Bank of the Ozarks will post $2.97 EPS for the current year.

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OZRK has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods restated a “buy” rating and set a $56.00 target price on shares of Bank of the Ozarks in a report on Wednesday, May 3rd. Brean Capital set a $63.00 target price on Bank of the Ozarks and gave the stock a “buy” rating in a report on Thursday, May 18th. Stephens restated a “buy” rating on shares of Bank of the Ozarks in a report on Wednesday, May 24th. BidaskClub upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Morgan Stanley initiated coverage on Bank of the Ozarks in a report on Wednesday, August 2nd. They set an “overweight” rating and a $54.00 target price on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Bank of the Ozarks currently has a consensus rating of “Hold” and a consensus price target of $52.25.

About Bank of the Ozarks

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.

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

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