BOK Financial Corporation $BOKF Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its holdings in BOK Financial Corporation (NASDAQ:BOKF) by 44.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,983 shares of the bank’s stock after purchasing an additional 1,220 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in BOK Financial were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in BOK Financial in the 1st quarter valued at about $47,000. GAMMA Investing LLC boosted its position in shares of BOK Financial by 203.0% in the second quarter. GAMMA Investing LLC now owns 1,494 shares of the bank’s stock worth $146,000 after acquiring an additional 1,001 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of BOK Financial in the first quarter worth approximately $159,000. New York State Teachers Retirement System purchased a new stake in BOK Financial in the first quarter valued at approximately $218,000. Finally, EntryPoint Capital LLC acquired a new position in BOK Financial during the first quarter worth approximately $225,000. 34.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Royal Bank Of Canada lifted their price target on shares of BOK Financial from $110.00 to $124.00 and gave the company a “sector perform” rating in a report on Friday, October 10th. Barclays raised BOK Financial to a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen downgraded BOK Financial from a “hold” rating to a “sell” rating in a research report on Sunday, October 19th. Jefferies Financial Group set a $135.00 price objective on BOK Financial and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods reduced their price objective on BOK Financial from $118.00 to $116.00 and set a “market perform” rating on the stock in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, BOK Financial presently has a consensus rating of “Hold” and an average price target of $115.55.

BOK Financial Price Performance

Shares of NASDAQ BOKF opened at $104.79 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.78 and a quick ratio of 0.77. BOK Financial Corporation has a 1-year low of $85.07 and a 1-year high of $121.58. The company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 12.49 and a beta of 0.88. The business has a 50-day moving average of $110.47 and a 200-day moving average of $101.67.

BOK Financial (NASDAQ:BOKF) last announced its earnings results on Monday, September 8th. The bank reported $2.02 EPS for the quarter. The business had revenue of $298.49 million for the quarter. BOK Financial had a return on equity of 9.35% and a net margin of 15.98%. On average, equities analysts anticipate that BOK Financial Corporation will post 8.83 EPS for the current fiscal year.

BOK Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, August 13th. BOK Financial’s payout ratio is presently 27.31%.

BOK Financial Company Profile

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.