Envestnet Asset Management Inc. grew its stake in shares of Bank of the Ozarks (NASDAQ:OZRK) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,103 shares of the financial services provider’s stock after buying an additional 2,498 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Bank of the Ozarks were worth $2,550,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Epoch Investment Partners Inc. raised its position in shares of Bank of the Ozarks by 93.2% during the 3rd quarter. Epoch Investment Partners Inc. now owns 3,785,464 shares of the financial services provider’s stock valued at $181,892,000 after buying an additional 1,826,476 shares in the last quarter. Stifel Financial Corp raised its position in shares of Bank of the Ozarks by 12.1% during the 3rd quarter. Stifel Financial Corp now owns 209,305 shares of the financial services provider’s stock valued at $10,054,000 after buying an additional 22,531 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Bank of the Ozarks by 3.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,030,236 shares of the financial services provider’s stock valued at $49,501,000 after buying an additional 31,644 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Bank of the Ozarks by 9.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 576,907 shares of the financial services provider’s stock valued at $27,721,000 after buying an additional 50,161 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Bank of the Ozarks during the 3rd quarter valued at $217,000. Hedge funds and other institutional investors own 86.28% of the company’s stock.

Bank of the Ozarks (NASDAQ:OZRK) opened at $46.51 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.99 and a debt-to-equity ratio of 0.07. Bank of the Ozarks has a twelve month low of $40.15 and a twelve month high of $56.86. The company has a market cap of $5,960.00, a price-to-earnings ratio of 15.67, a P/E/G ratio of 1.30 and a beta of 1.50.

Bank of the Ozarks (NASDAQ:OZRK) last released its earnings results on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The company had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. During the same quarter last year, the firm earned $0.66 EPS. research analysts forecast that Bank of the Ozarks will post 2.95 earnings per share for the current year.

Several analysts have recently weighed in on OZRK shares. Zacks Investment Research upgraded shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Monday, August 28th. ValuEngine lowered shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $55.00 target price on shares of Bank of the Ozarks in a report on Thursday, October 5th. Raymond James Financial reduced their target price on shares of Bank of the Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a report on Thursday, October 12th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $50.00 target price on shares of Bank of the Ozarks in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $54.14.

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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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