BidaskClub upgraded shares of BOK Financial (NASDAQ:BOKF) from a buy rating to a strong-buy rating in a research note released on Wednesday.

A number of other analysts have also recently commented on BOKF. Wedbush lifted their target price on BOK Financial from $103.00 to $106.00 and gave the stock a neutral rating in a research report on Monday. Hovde Group cut BOK Financial from an outperform rating to a market perform rating and set a $103.00 target price on the stock. in a research report on Thursday, January 25th. Morgan Stanley lifted their target price on BOK Financial from $99.00 to $101.00 and gave the stock an equal weight rating in a research report on Friday, January 26th. DA Davidson reiterated a hold rating and set a $103.00 target price on shares of BOK Financial in a research report on Thursday, January 25th. Finally, Royal Bank of Canada lifted their target price on BOK Financial to $100.00 and gave the stock a sector perform rating in a research report on Thursday, January 25th. Eight analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Hold and an average price target of $101.78.

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Shares of BOKF stock opened at $100.99 on Wednesday. The stock has a market capitalization of $6,561.94, a PE ratio of 19.72, a price-to-earnings-growth ratio of 1.95 and a beta of 0.99. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 1.50. BOK Financial has a fifty-two week low of $73.44 and a fifty-two week high of $107.00.

BOK Financial (NASDAQ:BOKF) last posted its earnings results on Wednesday, January 24th. The bank reported $1.29 EPS for the quarter, missing the Zacks’ consensus estimate of $1.34 by ($0.05). BOK Financial had a return on equity of 10.00% and a net margin of 20.14%. The firm had revenue of $383.70 million for the quarter, compared to analyst estimates of $391.73 million. During the same quarter last year, the firm posted $1.09 EPS. sell-side analysts predict that BOK Financial will post 6.43 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend was Thursday, February 8th. This is a boost from BOK Financial’s previous quarterly dividend of $0.40. BOK Financial’s payout ratio is 35.16%.

A number of hedge funds have recently modified their holdings of BOKF. SG Americas Securities LLC acquired a new position in BOK Financial in the 3rd quarter valued at about $101,000. State of Alaska Department of Revenue acquired a new position in BOK Financial in the 4th quarter valued at about $138,000. CIBC Asset Management Inc acquired a new position in BOK Financial in the 3rd quarter valued at about $201,000. Arthur Zaske & Associates LLC acquired a new position in BOK Financial in the 3rd quarter valued at about $210,000. Finally, BNP Paribas Arbitrage SA increased its position in BOK Financial by 560.6% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,550 shares of the bank’s stock valued at $227,000 after acquiring an additional 2,164 shares during the period. Hedge funds and other institutional investors own 33.46% of the company’s stock.

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BOK Financial Company Profile

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.

Analyst Recommendations for BOK Financial (NASDAQ:BOKF)

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