JPMorgan Chase & Co. raised its stake in Bank Of The Ozarks Inc (NASDAQ:OZRK) by 11.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 468,961 shares of the financial services provider’s stock after buying an additional 48,924 shares during the quarter. JPMorgan Chase & Co. owned 0.36% of Bank Of The Ozarks worth $22,327,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in OZRK. Principal Financial Group Inc. increased its stake in Bank Of The Ozarks by 144.6% in the 2nd quarter. Principal Financial Group Inc. now owns 3,138,880 shares of the financial services provider’s stock valued at $147,117,000 after buying an additional 1,855,697 shares during the period. Epoch Investment Partners Inc. increased its stake in Bank Of The Ozarks by 102.3% in the 2nd quarter. Epoch Investment Partners Inc. now owns 1,958,988 shares of the financial services provider’s stock valued at $91,818,000 after buying an additional 990,815 shares during the period. Vanguard Group Inc. increased its stake in Bank Of The Ozarks by 8.6% in the 2nd quarter. Vanguard Group Inc. now owns 10,724,158 shares of the financial services provider’s stock valued at $502,641,000 after buying an additional 852,398 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in Bank Of The Ozarks by 135.8% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 974,224 shares of the financial services provider’s stock valued at $46,812,000 after buying an additional 561,118 shares during the period. Finally, BlackRock Inc. increased its stake in Bank Of The Ozarks by 4.8% in the 2nd quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock valued at $490,162,000 after buying an additional 480,415 shares during the period. Hedge funds and other institutional investors own 86.28% of the company’s stock.

Bank Of The Ozarks Inc (OZRK) opened at $47.74 on Friday. Bank Of The Ozarks Inc has a 12 month low of $40.15 and a 12 month high of $56.86. The company has a market cap of $6,008.31, a price-to-earnings ratio of 15.87, a PEG ratio of 1.31 and a beta of 1.49. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.99 and a current ratio of 0.93.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping 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 in the prior year, the business posted $0.66 EPS. research analysts forecast that Bank Of The Ozarks Inc will post 2.95 earnings per share for the current year.

Several research firms have weighed in on OZRK. Zacks Investment Research upgraded shares of Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research note on Friday. Raymond James Financial dropped their price target on shares of Bank Of The Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a research note on Thursday, October 12th. Morgan Stanley restated an “overweight” rating and set a $54.00 price target on shares of Bank Of The Ozarks in a research note on Thursday. ValuEngine lowered shares of Bank Of The Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, SunTrust Banks restated a “hold” rating and set a $50.00 price target on shares of Bank Of The Ozarks in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $54.14.

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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.

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Institutional Ownership by Quarter for Bank Of The Ozarks (NASDAQ:OZRK)

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