Swiss National Bank grew its stake in Bank Of The Ozarks Inc (NASDAQ:OZRK) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 207,433 shares of the financial services provider’s stock after acquiring an additional 4,500 shares during the quarter. Swiss National Bank’s holdings in Bank Of The Ozarks were worth $10,050,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in OZRK. Verition Fund Management LLC acquired a new stake in shares of Bank Of The Ozarks in the 2nd quarter worth $242,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth $289,000. Whittier Trust Co. acquired a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth $1,332,000. Strs Ohio boosted its position in shares of Bank Of The Ozarks by 10.0% in the 3rd quarter. Strs Ohio now owns 110,000 shares of the financial services provider’s stock worth $5,285,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Handelsinvest Investeringsforvaltning boosted its position in shares of Bank Of The Ozarks by 165.5% in the 3rd quarter. Handelsinvest Investeringsforvaltning now owns 150,000 shares of the financial services provider’s stock worth $7,208,000 after purchasing an additional 93,500 shares in the last quarter. Institutional investors and hedge funds own 86.32% of the company’s stock.
Shares of Bank Of The Ozarks Inc (NASDAQ OZRK) opened at $50.75 on Thursday. 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 company has a market capitalization of $6,494.88, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.14 and a beta of 1.43.
Bank Of The Ozarks (NASDAQ:OZRK) last issued its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.75. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. The company had revenue of $245.04 million during the quarter, compared to analysts’ expectations of $249.84 million. During the same quarter in the previous year, the firm posted $0.72 EPS. equities analysts forecast that Bank Of The Ozarks Inc will post 3.7 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Friday, January 19th were given a dividend of $0.19 per share. The ex-dividend date was Thursday, January 18th. This represents a $0.76 dividend on an annualized basis and a yield of 1.50%. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s payout ratio is currently 22.69%.
OZRK has been the subject of a number of recent analyst reports. Zacks Investment Research cut Bank Of The Ozarks from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. Piper Jaffray Companies reissued a “buy” rating and issued a $59.00 price objective on shares of Bank Of The Ozarks in a research report on Friday, January 19th. BidaskClub raised Bank Of The Ozarks from a “hold” rating to a “buy” rating in a research report on Saturday, February 17th. Brean Capital reissued a “buy” rating on shares of Bank Of The Ozarks in a research report on Wednesday, December 6th. Finally, Stephens reaffirmed a “hold” rating on shares of Bank Of The Ozarks in a research report on Wednesday, January 17th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Bank Of The Ozarks presently has an average rating of “Buy” and an average price target of $56.00.
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Bank Of The Ozarks Company 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.
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