GSA Capital Partners LLP Purchases 468 Shares of BOK Financial Co. (NASDAQ:BOKF)

GSA Capital Partners LLP grew its position in shares of BOK Financial Co. (NASDAQ:BOKF) by 10.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,001 shares of the bank’s stock after buying an additional 468 shares during the quarter. GSA Capital Partners LLP’s holdings in BOK Financial were worth $523,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System grew its stake in shares of BOK Financial by 71.3% during the first quarter. State Board of Administration of Florida Retirement System now owns 37,532 shares of the bank’s stock valued at $3,168,000 after purchasing an additional 15,626 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of BOK Financial during the second quarter valued at approximately $3,429,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in shares of BOK Financial by 11.7% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 126,228 shares of the bank’s stock valued at $11,567,000 after purchasing an additional 13,175 shares during the last quarter. Sei Investments Co. bought a new stake in shares of BOK Financial during the first quarter valued at approximately $468,000. Finally, Creative Planning grew its stake in shares of BOK Financial by 130.1% during the third quarter. Creative Planning now owns 11,946 shares of the bank’s stock valued at $1,250,000 after purchasing an additional 6,755 shares during the last quarter. 34.44% of the stock is owned by institutional investors.

Insider Activity at BOK Financial

In other news, Director Steven Bangert sold 2,000 shares of BOK Financial stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $117.83, for a total value of $235,660.00. Following the completion of the transaction, the director now owns 44,709 shares of the company’s stock, valued at $5,268,061.47. This trade represents a 4.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 59.72% of the stock is owned by insiders.

Analysts Set New Price Targets

BOKF has been the topic of several analyst reports. Wedbush restated a “neutral” rating and issued a $115.00 price objective on shares of BOK Financial in a report on Tuesday, October 22nd. Wells Fargo & Company increased their price objective on shares of BOK Financial from $102.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Truist Financial upgraded shares of BOK Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $112.00 to $123.00 in a report on Friday, September 20th. DA Davidson cut their target price on shares of BOK Financial from $124.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, StockNews.com upgraded shares of BOK Financial from a “sell” rating to a “hold” rating in a report on Friday, July 26th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $112.20.

BOK Financial Trading Up 0.5 %

Shares of NASDAQ:BOKF opened at $115.22 on Wednesday. BOK Financial Co. has a 12 month low of $69.76 and a 12 month high of $119.52. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.87. The company’s fifty day simple moving average is $107.86 and its 200 day simple moving average is $100.08. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 15.85 and a beta of 1.17.

BOK Financial (NASDAQ:BOKF) last released its earnings results on Monday, October 21st. The bank reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.20. The business had revenue of $888.50 million during the quarter, compared to the consensus estimate of $509.43 million. BOK Financial had a net margin of 13.78% and a return on equity of 9.67%. During the same quarter last year, the firm earned $2.04 earnings per share. As a group, research analysts forecast that BOK Financial Co. will post 8.07 EPS for the current fiscal year.

BOK Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be given a $0.57 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.28 dividend on an annualized basis and a yield of 1.98%. This is an increase from BOK Financial’s previous quarterly dividend of $0.55. BOK Financial’s dividend payout ratio (DPR) is 31.36%.

BOK Financial 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.