B. Metzler seel. Sohn & Co. AG Has $4.80 Million Stake in Bank OZK $OZK

B. Metzler seel. Sohn & Co. AG grew its position in shares of Bank OZK (NASDAQ:OZK) by 14.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,268 shares of the company’s stock after buying an additional 12,910 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned approximately 0.09% of Bank OZK worth $4,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Wasatch Advisors LP lifted its holdings in shares of Bank OZK by 34.9% during the 3rd quarter. Wasatch Advisors LP now owns 7,437,646 shares of the company’s stock valued at $379,171,000 after buying an additional 1,924,387 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Bank OZK by 0.6% during the 3rd quarter. First Trust Advisors LP now owns 2,808,166 shares of the company’s stock valued at $143,160,000 after buying an additional 17,427 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Bank OZK by 4.3% during the 3rd quarter. American Century Companies Inc. now owns 2,743,655 shares of the company’s stock valued at $139,872,000 after buying an additional 112,048 shares during the last quarter. Van Berkom & Associates Inc. lifted its holdings in shares of Bank OZK by 0.7% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,818,447 shares of the company’s stock valued at $92,704,000 after buying an additional 12,733 shares during the last quarter. Finally, Fairholme Capital Management LLC lifted its holdings in shares of Bank OZK by 45.1% during the 2nd quarter. Fairholme Capital Management LLC now owns 916,752 shares of the company’s stock valued at $43,142,000 after buying an additional 285,150 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on OZK shares. Piper Sandler set a $62.00 target price on Bank OZK in a report on Thursday, January 22nd. Zacks Research upgraded Bank OZK from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 7th. Wall Street Zen upgraded Bank OZK from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Wells Fargo & Company boosted their target price on Bank OZK from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Monday, March 30th. Finally, TD Cowen reduced their target price on Bank OZK from $56.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Bank OZK presently has an average rating of “Hold” and a consensus target price of $56.89.

Bank OZK Stock Performance

Shares of NASDAQ OZK opened at $48.51 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.00 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $46.74 and its two-hundred day moving average is $46.96. The company has a market cap of $5.43 billion, a P/E ratio of 7.90 and a beta of 0.93. Bank OZK has a 12 month low of $41.49 and a 12 month high of $53.66.

Bank OZK (NASDAQ:OZK) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.02). The business had revenue of $424.32 million during the quarter, compared to the consensus estimate of $422.62 million. Bank OZK had a return on equity of 12.32% and a net margin of 25.27%.The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.47 earnings per share. On average, equities analysts expect that Bank OZK will post 6.09 EPS for the current year.

Bank OZK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 13th were given a dividend of $0.47 per share. The ex-dividend date was Monday, April 13th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.9%. Bank OZK’s payout ratio is currently 30.62%.

Bank OZK Company Profile

Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.

The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.