BOK Financial Co. (NASDAQ:BOKF) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its position in BOK Financial Co. (NASDAQ:BOKF) by 433.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,216 shares of the bank’s stock after acquiring an additional 7,487 shares during the period. SG Americas Securities LLC’s holdings in BOK Financial were worth $981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in BOK Financial by 3.8% during the second quarter. Envestnet Asset Management Inc. now owns 21,767 shares of the bank’s stock valued at $1,995,000 after buying an additional 799 shares during the period. Sei Investments Co. boosted its stake in shares of BOK Financial by 304.9% during the 2nd quarter. Sei Investments Co. now owns 20,602 shares of the bank’s stock worth $1,888,000 after acquiring an additional 15,514 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of BOK Financial by 34.1% during the 2nd quarter. Bank of Montreal Can now owns 21,250 shares of the bank’s stock worth $1,949,000 after acquiring an additional 5,400 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of BOK Financial during the 2nd quarter valued at about $39,000. Finally, Creative Planning increased its stake in shares of BOK Financial by 66.4% in the 2nd quarter. Creative Planning now owns 5,191 shares of the bank’s stock valued at $476,000 after purchasing an additional 2,071 shares in the last quarter. Institutional investors and hedge funds own 34.44% of the company’s stock.

BOK Financial Stock Down 0.2 %

BOKF stock opened at $110.47 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.87. The company’s 50-day moving average price is $112.65 and its 200 day moving average price is $107.70. BOK Financial Co. has a 52 week low of $78.99 and a 52 week high of $121.58. The company has a market cap of $7.08 billion, a P/E ratio of 13.59 and a beta of 1.20.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings data on Friday, January 17th. The bank reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.96%. On average, research analysts expect that BOK Financial Co. will post 8.52 earnings per share for the current fiscal year.

Insider Activity

In other BOK Financial news, Director Steven Bangert sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $117.83, for a total transaction of $235,660.00. Following 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 56.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. DA Davidson dropped their price objective on BOK Financial from $124.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Wells Fargo & Company lifted their price target on shares of BOK Financial from $105.00 to $112.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. Wedbush restated a “neutral” rating and set a $115.00 price objective on shares of BOK Financial in a research report on Tuesday, October 22nd. Stephens decreased their price objective on shares of BOK Financial from $135.00 to $127.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods boosted their target price on shares of BOK Financial from $112.00 to $125.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $116.40.

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.