Oppenheimer Asset Management Inc. raised its position in BOK Financial Corporation (NASDAQ:BOKF) by 23.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 24,064 shares of the bank’s stock after acquiring an additional 4,585 shares during the period. Oppenheimer Asset Management Inc.’s holdings in BOK Financial Corporation were worth $2,025,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its stake in BOK Financial Corporation by 45.4% in the 1st quarter. SG Americas Securities LLC now owns 2,557 shares of the bank’s stock valued at $200,000 after acquiring an additional 798 shares in the last quarter. Pacer Advisors Inc. lifted its stake in BOK Financial Corporation by 11.7% in the 1st quarter. Pacer Advisors Inc. now owns 2,686 shares of the bank’s stock valued at $210,000 after acquiring an additional 282 shares in the last quarter. Laurion Capital Management LP bought a new stake in BOK Financial Corporation in the 1st quarter valued at approximately $248,000. UBS Group AG lifted its stake in BOK Financial Corporation by 81.3% in the 1st quarter. UBS Group AG now owns 3,670 shares of the bank’s stock valued at $288,000 after acquiring an additional 1,646 shares in the last quarter. Finally, Amalgamated Bank lifted its stake in BOK Financial Corporation by 3.2% in the 1st quarter. Amalgamated Bank now owns 3,684 shares of the bank’s stock valued at $288,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 32.34% of the company’s stock.

BOKF has been the topic of several research reports. ValuEngine upgraded BOK Financial Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Stephens reiterated a “buy” rating and set a $95.00 price objective on shares of BOK Financial Corporation in a research note on Tuesday, June 6th. Morgan Stanley reiterated an “equal weight” rating and set a $81.00 price objective (up previously from $80.00) on shares of BOK Financial Corporation in a research note on Saturday, June 3rd. Hovde Group dropped their price objective on BOK Financial Corporation from $97.00 to $94.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 28th. Finally, BidaskClub cut BOK Financial Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $89.75.

In other news, EVP Scott Grauer sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of $80.96, for a total value of $141,680.00. Following the transaction, the executive vice president now owns 23,935 shares in the company, valued at $1,937,777.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stacy Kymes sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $85.06, for a total value of $255,180.00. Following the completion of the transaction, the executive vice president now owns 29,627 shares in the company, valued at approximately $2,520,072.62. The disclosure for this sale can be found here. Insiders sold 5,300 shares of company stock worth $441,751 in the last 90 days. Corporate insiders own 62.00% of the company’s stock.

Shares of BOK Financial Corporation (NASDAQ:BOKF) opened at 79.70 on Wednesday. The stock’s 50 day moving average price is $82.85 and its 200-day moving average price is $81.85. The company has a market cap of $5.21 billion, a PE ratio of 17.40 and a beta of 1.00. BOK Financial Corporation has a 52 week low of $65.74 and a 52 week high of $88.80.

BOK Financial Corporation (NASDAQ:BOKF) last posted its earnings results on Wednesday, July 26th. The bank reported $1.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.30 by $0.05. BOK Financial Corporation had a return on equity of 8.87% and a net margin of 18.96%. The company had revenue of $387.46 million for the quarter, compared to analyst estimates of $384.52 million. During the same quarter last year, the company earned $1.00 earnings per share. Analysts expect that BOK Financial Corporation will post $5.39 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 25th. Stockholders of record on Friday, August 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.21%. BOK Financial Corporation’s dividend payout ratio is presently 38.34%.

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BOK Financial Corporation Profile

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

Institutional Ownership by Quarter for BOK Financial Corporation (NASDAQ:BOKF)

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