Wells Fargo & Company MN grew its holdings in BOK Financial Corporation (NASDAQ:BOKF) by 1.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 279,389 shares of the bank’s stock after purchasing an additional 2,893 shares during the period. Wells Fargo & Company MN owned about 0.43% of BOK Financial worth $24,888,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Legal & General Group Plc raised its holdings in shares of BOK Financial by 1.5% in the second quarter. Legal & General Group Plc now owns 8,819 shares of the bank’s stock valued at $742,000 after purchasing an additional 129 shares during the last quarter. People s United Financial Inc. raised its holdings in shares of BOK Financial by 1.2% in the second quarter. People s United Financial Inc. now owns 10,643 shares of the bank’s stock valued at $895,000 after purchasing an additional 130 shares during the last quarter. Nationwide Fund Advisors raised its holdings in shares of BOK Financial by 2.0% in the second quarter. Nationwide Fund Advisors now owns 15,010 shares of the bank’s stock valued at $1,263,000 after purchasing an additional 300 shares during the last quarter. Amalgamated Bank raised its holdings in shares of BOK Financial by 22.4% in the second quarter. Amalgamated Bank now owns 4,510 shares of the bank’s stock valued at $379,000 after purchasing an additional 826 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its holdings in shares of BOK Financial by 1.9% in the second quarter. TIAA CREF Investment Management LLC now owns 52,179 shares of the bank’s stock valued at $4,390,000 after purchasing an additional 954 shares during the last quarter. Institutional investors own 31.56% of the company’s stock.

BOK Financial Corporation (BOKF) opened at $90.88 on Friday. The firm has a market cap of $5,800.00, a price-to-earnings ratio of 18.70, a P/E/G ratio of 2.08 and a beta of 1.00. BOK Financial Corporation has a fifty-two week low of $73.44 and a fifty-two week high of $92.08. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 1.82.

BOK Financial (NASDAQ:BOKF) last issued its earnings results on Wednesday, October 25th. The bank reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.05). The firm had revenue of $394.16 million for the quarter, compared to analyst estimates of $392.05 million. BOK Financial had a return on equity of 9.15% and a net margin of 19.31%. During the same quarter in the previous year, the firm posted $1.13 earnings per share. analysts anticipate that BOK Financial Corporation will post 5.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 27th. Shareholders of record on Monday, November 13th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.98%. This is a boost from BOK Financial’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, November 10th. BOK Financial’s payout ratio is 37.74%.

A number of equities analysts recently weighed in on BOKF shares. Morgan Stanley boosted their target price on shares of BOK Financial from $85.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday. ValuEngine upgraded shares of BOK Financial from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Zacks Investment Research downgraded shares of BOK Financial from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Royal Bank of Canada restated a “hold” rating and set a $92.00 target price on shares of BOK Financial in a report on Friday, October 27th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $89.00 target price on shares of BOK Financial in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. BOK Financial has a consensus rating of “Hold” and an average target price of $92.13.

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BOK Financial 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.

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

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