Stephens reaffirmed their buy rating on shares of BOK Financial (NASDAQ:BOKF) in a research note released on Wednesday, AnalystRatings.com reports. Stephens currently has a $87.00 price target on the bank’s stock.

BOKF has been the topic of a number of other research reports. Morgan Stanley raised Dongfeng Motor Group from an equal weight rating to an overweight rating in a research report on Monday, July 1st. Zacks Investment Research raised Green Brick Partners from a sell rating to a hold rating in a research report on Thursday, April 25th. BidaskClub lowered Zions Bancorporation NA from a sell rating to a strong sell rating in a research report on Wednesday, May 15th. Finally, DA Davidson started coverage on Business First Bancshares in a research report on Wednesday, July 10th. They issued a neutral rating and a $28.00 target price on the stock. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $95.00.

Shares of NASDAQ BOKF traded up $2.06 during mid-day trading on Wednesday, reaching $83.51. 234,192 shares of the company’s stock were exchanged, compared to its average volume of 181,926. The stock has a market capitalization of $5.97 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 1.74 and a beta of 1.22. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.96 and a quick ratio of 0.95. The firm’s fifty day moving average is $76.60. BOK Financial has a twelve month low of $69.96 and a twelve month high of $105.21.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings results on Wednesday, July 24th. The bank reported $1.93 EPS for the quarter, topping the Zacks’ consensus estimate of $1.80 by $0.13. The company had revenue of $457.50 million for the quarter, compared to analyst estimates of $449.59 million. BOK Financial had a return on equity of 11.76% and a net margin of 22.90%. During the same quarter last year, the firm posted $1.75 earnings per share. As a group, research analysts predict that BOK Financial will post 7.4 EPS for the current year.

In related news, Director Steven Bangert sold 10,000 shares of BOK Financial stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $86.84, for a total value of $868,400.00. Following the sale, the director now owns 147,841 shares of the company’s stock, valued at approximately $12,838,512.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 54.90% of the stock is currently owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Marshall Wace North America L.P. bought a new position in BOK Financial in the first quarter valued at approximately $50,000. BNP Paribas Arbitrage SA grew its stake in BOK Financial by 28.6% in the first quarter. BNP Paribas Arbitrage SA now owns 719 shares of the bank’s stock valued at $59,000 after purchasing an additional 160 shares in the last quarter. MUFG Securities EMEA plc bought a new position in BOK Financial in the fourth quarter valued at approximately $79,000. Metropolitan Life Insurance Co. NY grew its stake in BOK Financial by 77.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 1,123 shares of the bank’s stock valued at $82,000 after purchasing an additional 490 shares in the last quarter. Finally, Machina Capital S.A.S. bought a new position in BOK Financial in the second quarter valued at approximately $150,000. Hedge funds and other institutional investors own 39.82% of the company’s stock.

About BOK Financial

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.

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Analyst Recommendations for BOK Financial (NASDAQ:BOKF)

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