Bank of the Ozarks (OZRK) Shares Sold by Boston Partners

Boston Partners lessened its stake in Bank of the Ozarks (NASDAQ:OZRK) by 8.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,090 shares of the financial services provider’s stock after selling 8,461 shares during the period. Boston Partners owned approximately 0.07% of Bank of the Ozarks worth $4,156,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Scotia Capital Inc. grew its position in Bank of the Ozarks by 12.4% in the 4th quarter. Scotia Capital Inc. now owns 10,419 shares of the financial services provider’s stock worth $505,000 after purchasing an additional 1,150 shares during the period. Amalgamated Bank grew its position in Bank of the Ozarks by 5.8% in the 4th quarter. Amalgamated Bank now owns 24,796 shares of the financial services provider’s stock worth $1,201,000 after purchasing an additional 1,357 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in Bank of the Ozarks by 78.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 3,293 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 1,450 shares during the period. Randolph Co Inc grew its position in Bank of the Ozarks by 0.9% in the 4th quarter. Randolph Co Inc now owns 175,625 shares of the financial services provider’s stock worth $8,509,000 after purchasing an additional 1,650 shares during the period. Finally, MML Investors Services LLC grew its position in Bank of the Ozarks by 23.8% in the 4th quarter. MML Investors Services LLC now owns 8,643 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 1,660 shares during the period. 89.42% of the stock is owned by institutional investors and hedge funds.

Shares of Bank of the Ozarks stock opened at $49.02 on Friday. The firm has a market cap of $6.22 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 1.10 and a beta of 1.35. Bank of the Ozarks has a 1-year low of $48.36 and a 1-year high of $48.90. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.95 and a current ratio of 0.95.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings results on Thursday, April 12th. The financial services provider reported $0.88 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.03. The business had revenue of $246.48 million for the quarter, compared to analysts’ expectations of $246.11 million. Bank of the Ozarks had a net margin of 40.54% and a return on equity of 11.65%. During the same quarter last year, the company posted $0.73 EPS. equities analysts expect that Bank of the Ozarks will post 3.69 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, April 20th. Investors of record on Friday, April 13th were paid a dividend of $0.195 per share. This is a boost from Bank of the Ozarks’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, April 12th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.59%. Bank of the Ozarks’s payout ratio is 26.35%.

A number of equities research analysts have commented on the stock. Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Tuesday, March 27th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $57.00 price target on shares of Bank of the Ozarks in a research note on Tuesday, February 27th. Barclays dropped their price target on shares of Bank of the Ozarks from $60.00 to $57.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 11th. BidaskClub cut shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. Finally, Brean Capital reiterated a “buy” rating on shares of Bank of the Ozarks in a research note on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $54.60.

Bank of the Ozarks Company Profile

Bank of the Ozarks provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.

Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

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