Sowell Financial Services LLC Boosts Holdings in Bank Of The Ozarks Inc (NASDAQ:OZRK)

Sowell Financial Services LLC boosted its holdings in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 78.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 25,757 shares of the financial services provider’s stock after acquiring an additional 11,363 shares during the period. Sowell Financial Services LLC’s holdings in Bank Of The Ozarks were worth $1,319,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Willingdon Wealth Management bought a new position in shares of Bank Of The Ozarks during the third quarter worth $104,000. BB&T Investment Services Inc. bought a new stake in Bank Of The Ozarks in the 2nd quarter valued at $190,000. Cadence Capital Management LLC bought a new stake in Bank Of The Ozarks in the 3rd quarter valued at $202,000. Exane Derivatives lifted its position in Bank Of The Ozarks by 78.8% during the 4th quarter. Exane Derivatives now owns 4,486 shares of the financial services provider’s stock worth $217,000 after buying an additional 1,977 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC bought a new stake in Bank Of The Ozarks during the 3rd quarter worth about $217,000. 86.65% of the stock is currently owned by institutional investors.

Bank Of The Ozarks Inc (NASDAQ OZRK) opened at $49.02 on Tuesday. Bank Of The Ozarks Inc has a 52 week low of $40.15 and a 52 week high of $56.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.92. The stock has a market cap of $6,255.18, a price-to-earnings ratio of 16.49, a PEG ratio of 1.10 and a beta of 1.43.

Bank Of The Ozarks (NASDAQ:OZRK) last posted its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.75. Bank Of The Ozarks had a net margin of 35.53% and a return on equity of 11.50%. The company had revenue of $245.04 million during the quarter, compared to analysts’ expectations of $249.84 million. During the same period in the prior year, the company posted $0.72 earnings per share. sell-side analysts forecast that Bank Of The Ozarks Inc will post 3.7 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 19th were given a dividend of $0.19 per share. The ex-dividend date was Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. This represents a $0.76 annualized dividend and a dividend yield of 1.55%. Bank Of The Ozarks’s dividend payout ratio is 22.69%.

Several equities research analysts have commented on the stock. Zacks Investment Research raised shares of Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research report on Friday, December 15th. Morgan Stanley restated an “overweight” rating and set a $54.00 price objective on shares of Bank Of The Ozarks in a research note on Thursday, December 14th. Barclays started coverage on shares of Bank Of The Ozarks in a research note on Wednesday, January 3rd. They issued an “overweight” rating and a $60.00 price target on the stock. Brean Capital reiterated a “buy” rating and issued a $65.00 price target on shares of Bank Of The Ozarks in a research note on Tuesday, January 2nd. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $56.00 target price on shares of Bank Of The Ozarks in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $56.00.

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Bank Of The Ozarks Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Institutional Ownership by Quarter for Bank Of The Ozarks (NASDAQ:OZRK)

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