BOK Financial Corporation (NASDAQ:BOKF)‘s stock had its “equal weight” rating reaffirmed by analysts at Morgan Stanley in a research report issued on Wednesday, October 4th. They presently have a $86.00 price target on the bank’s stock, up from their prior price target of $85.00. Morgan Stanley’s price target indicates a potential downside of 2.88% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Stephens restated a “buy” rating and set a $95.00 price objective on shares of BOK Financial Corporation in a research note on Tuesday, June 6th. Hovde Group reduced 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. BidaskClub upgraded BOK Financial Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. ValuEngine upgraded BOK Financial Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $90.00 target price on shares of BOK Financial Corporation in a research note on Friday, July 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. BOK Financial Corporation presently has an average rating of “Hold” and an average price target of $90.25.

BOK Financial Corporation (NASDAQ:BOKF) traded down 0.66% during midday trading on Wednesday, reaching $88.55. 124,216 shares of the company were exchanged. The company has a market capitalization of $5.79 billion, a PE ratio of 19.33 and a beta of 1.01. The firm has a 50-day moving average price of $84.60 and a 200-day moving average price of $82.82. BOK Financial Corporation has a 52 week low of $68.55 and a 52 week high of $90.69.

BOK Financial Corporation (NASDAQ:BOKF) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $1.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $387.46 million for the quarter, compared to analysts’ expectations of $384.52 million. During the same period last year, the business posted $1.00 earnings per share. Equities research analysts anticipate that BOK Financial Corporation will post $5.38 earnings per share for the current fiscal year.

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In related news, EVP Stacy Kymes sold 3,000 shares of BOK Financial Corporation stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $85.06, for a total value of $255,180.00. Following the transaction, the executive vice president now owns 29,627 shares of the company’s stock, valued at approximately $2,520,072.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stephen D. Grossi sold 550 shares of BOK Financial Corporation stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $81.62, for a total value of $44,891.00. Following the completion of the transaction, the executive vice president now directly owns 12,601 shares in the company, valued at approximately $1,028,493.62. The disclosure for this sale can be found here. Company insiders own 62.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in BOKF. SG Americas Securities LLC boosted its position in BOK Financial Corporation by 45.4% during the 1st quarter. SG Americas Securities LLC now owns 2,557 shares of the bank’s stock worth $200,000 after acquiring an additional 798 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of BOK Financial Corporation by 11.7% during the 1st quarter. Pacer Advisors Inc. now owns 2,686 shares of the bank’s stock valued at $210,000 after buying an additional 282 shares during the last quarter. Laurion Capital Management LP acquired a new stake in shares of BOK Financial Corporation during the 1st quarter valued at about $248,000. D.A. Davidson & CO. lifted its holdings in shares of BOK Financial Corporation by 56.1% during the 2nd quarter. D.A. Davidson & CO. now owns 3,079 shares of the bank’s stock valued at $259,000 after buying an additional 1,106 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of BOK Financial Corporation by 81.3% during the 1st quarter. UBS Group AG now owns 3,670 shares of the bank’s stock valued at $288,000 after buying an additional 1,646 shares during the last quarter. Hedge funds and other institutional investors own 31.71% of the company’s stock.

About BOK Financial Corporation

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.

Analyst Recommendations for BOK Financial Corporation (NASDAQ:BOKF)

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