Venturi Wealth Management LLC Has $42,000 Holdings in BOK Financial Co. (NASDAQ:BOKF)

Venturi Wealth Management LLC boosted its position in BOK Financial Co. (NASDAQ:BOKF) by 33.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 396 shares of the bank’s stock after buying an additional 100 shares during the quarter. Venturi Wealth Management LLC’s holdings in BOK Financial were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning grew its position in BOK Financial by 130.1% in the 3rd quarter. Creative Planning now owns 11,946 shares of the bank’s stock worth $1,250,000 after purchasing an additional 6,755 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in BOK Financial by 7.8% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 136,091 shares of the bank’s stock worth $14,238,000 after purchasing an additional 9,863 shares during the last quarter. SG Americas Securities LLC grew its position in BOK Financial by 433.0% in the 4th quarter. SG Americas Securities LLC now owns 9,216 shares of the bank’s stock worth $981,000 after purchasing an additional 7,487 shares during the last quarter. Meritage Portfolio Management acquired a new stake in BOK Financial in the 4th quarter worth $444,000. Finally, Merit Financial Group LLC acquired a new stake in BOK Financial in the 4th quarter worth $256,000. 34.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on BOKF. Royal Bank of Canada raised their price target on shares of BOK Financial from $115.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. StockNews.com upgraded shares of BOK Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company lifted their target price on shares of BOK Financial from $105.00 to $112.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 3rd. Keefe, Bruyette & Woods lifted their target price on shares of BOK Financial from $112.00 to $125.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Finally, Stephens decreased their target price on shares of BOK Financial from $135.00 to $127.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $116.40.

BOK Financial Trading Down 0.5 %

Shares of BOKF stock opened at $106.75 on Wednesday. BOK Financial Co. has a 12-month low of $82.54 and a 12-month high of $121.58. The company has a market capitalization of $6.86 billion, a P/E ratio of 13.13 and a beta of 1.19. The firm has a 50-day moving average price of $109.63 and a 200 day moving average price of $108.91. The company has a quick ratio of 0.79, a current ratio of 0.75 and a debt-to-equity ratio of 0.57.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings results on Friday, January 17th. The bank reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. Research analysts forecast that BOK Financial Co. will post 8.83 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Wednesday, February 12th. BOK Financial’s dividend payout ratio is presently 28.04%.

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.