Two Sigma Securities LLC acquired a new position in Bank Of The Ozarks Inc (NASDAQ:OZRK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,248 shares of the financial services provider’s stock, valued at approximately $303,000.
Other institutional investors have also bought and sold shares of the company. Willingdon Wealth Management acquired a new position in Bank Of The Ozarks in the third quarter worth $104,000. Northwestern Mutual Wealth Management Co. boosted its stake in Bank Of The Ozarks by 115.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,459 shares of the financial services provider’s stock worth $167,000 after purchasing an additional 1,852 shares in the last quarter. Meridian Management Co. acquired a new position in Bank Of The Ozarks in the fourth quarter worth $201,000. Cadence Capital Management LLC acquired a new position in Bank Of The Ozarks in the third quarter worth $202,000. Finally, Dorsey & Whitney Trust CO LLC acquired a new position in Bank Of The Ozarks in the third quarter worth $217,000. 88.68% of the stock is currently owned by institutional investors.
A number of equities analysts have commented on the company. BidaskClub raised Bank Of The Ozarks from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Zacks Investment Research downgraded Bank Of The Ozarks from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. 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. Stephens restated a “hold” rating on shares of Bank Of The Ozarks in a research report on Wednesday, January 17th. Finally, Brean Capital restated a “buy” rating and set a $65.00 target price on shares of Bank Of The Ozarks in a research report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $55.00.
NASDAQ OZRK traded down $1.76 on Friday, reaching $46.82. The company had a trading volume of 1,079,822 shares, compared to its average volume of 1,019,897. The company has a market capitalization of $6,226.98, a PE ratio of 15.82, a P/E/G ratio of 1.10 and a beta of 1.33. The company has a current ratio of 0.92, a quick ratio of 0.99 and a debt-to-equity ratio of 0.11. Bank Of The Ozarks Inc has a 52 week low of $40.15 and a 52 week high of $53.70.
Bank Of The Ozarks (NASDAQ:OZRK) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, meeting analysts’ consensus estimates of $0.75. The business had revenue of $245.04 million during the quarter, compared to the consensus estimate of $249.84 million. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. During the same quarter in the prior year, the company posted $0.72 earnings per share. sell-side analysts predict that Bank Of The Ozarks Inc will post 3.7 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Investors of record on Friday, April 13th will be issued a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Thursday, April 12th. This is an increase from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s dividend payout ratio is currently 25.68%.
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About Bank Of The Ozarks
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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