BOK Financial (NASDAQ:BOKF) EVP Brad Vincent Sells 4,015 Shares of Stock

BOK Financial Corporation (NASDAQ:BOKF) EVP Brad Vincent sold 4,015 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $145.42, for a total value of $583,861.30. Following the sale, the executive vice president owned 6,031 shares in the company, valued at approximately $877,028.02. The trade was a 39.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

BOK Financial Stock Down 0.0%

Shares of NASDAQ BOKF opened at $144.47 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.78 and a debt-to-equity ratio of 0.57. The company has a market cap of $8.78 billion, a P/E ratio of 13.62 and a beta of 0.80. BOK Financial Corporation has a 52 week low of $99.88 and a 52 week high of $146.22. The business has a 50-day simple moving average of $136.82 and a two-hundred day simple moving average of $132.84.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings results on Monday, July 20th. The bank reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.09). BOK Financial had a net margin of 18.97% and a return on equity of 10.09%. The company had revenue of $602.54 million for the quarter, compared to the consensus estimate of $568.08 million. During the same quarter in the prior year, the company earned $2.19 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Research analysts anticipate that BOK Financial Corporation will post 10.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On BOK Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BOKF. Farther Finance Advisors LLC increased its position in shares of BOK Financial by 173.1% in the fourth quarter. Farther Finance Advisors LLC now owns 213 shares of the bank’s stock valued at $25,000 after acquiring an additional 135 shares during the period. Pinnacle Holdings LLC purchased a new stake in BOK Financial in the 4th quarter worth approximately $31,000. Fifth Third Bancorp grew its position in shares of BOK Financial by 2,291.7% in the 1st quarter. Fifth Third Bancorp now owns 287 shares of the bank’s stock worth $37,000 after buying an additional 275 shares during the last quarter. Covestor Ltd raised its holdings in shares of BOK Financial by 108.0% during the fourth quarter. Covestor Ltd now owns 366 shares of the bank’s stock valued at $43,000 after acquiring an additional 190 shares in the last quarter. Finally, Root Financial Partners LLC lifted its stake in BOK Financial by 56.2% in the first quarter. Root Financial Partners LLC now owns 367 shares of the bank’s stock worth $47,000 after acquiring an additional 132 shares during the period. 34.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on BOKF. DA Davidson restated a “neutral” rating and set a $150.00 price target on shares of BOK Financial in a research report on Tuesday, July 21st. Barclays lifted their price objective on BOK Financial from $150.00 to $155.00 and gave the company an “equal weight” rating in a research note on Monday. Royal Bank Of Canada raised their price target on BOK Financial from $147.00 to $149.00 and gave the company a “sector perform” rating in a report on Wednesday, July 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of BOK Financial in a report on Tuesday, June 9th. Finally, Benchmark initiated coverage on shares of BOK Financial in a research note on Wednesday, June 24th. They issued a “hold” rating on the stock. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $139.45.

BOK Financial Company Profile

BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.