Bank Ozk (OZK) Lifted to “Sell” at ValuEngine
ValuEngine upgraded shares of Bank Ozk (NASDAQ:OZK) from a strong sell rating to a sell rating in a research note released on Friday morning.
Several other equities research analysts have also issued reports on the company. Brean Capital reissued a buy rating on shares of Bank Ozk in a research report on Monday, August 27th. Stephens reissued a hold rating and set a $48.00 price target on shares of Bank Ozk in a research report on Thursday, August 23rd. Finally, Barclays lowered Bank Ozk from an overweight rating to an underweight rating in a research report on Monday, August 13th.
OZK stock opened at $39.72 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10. The company has a market cap of $5.14 billion, a P/E ratio of 13.42, a PEG ratio of 0.92 and a beta of 1.20. Bank Ozk has a 12-month low of $38.43 and a 12-month high of $53.70.
A hedge fund recently bought a new stake in Bank Ozk stock. Public Employees Retirement System of Ohio acquired a new position in shares of Bank Ozk (NASDAQ:OZK) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 42,895 shares of the company’s stock, valued at approximately $1,932,000. 87.06% of the stock is currently owned by institutional investors and hedge funds.
About Bank Ozk
Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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