4,880 Shares in BOK Financial Co. (NASDAQ:BOKF) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in BOK Financial Co. (NASDAQ:BOKF) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 4,880 shares of the bank’s stock, valued at approximately $418,000.

Other large investors also recently bought and sold shares of the company. Covestor Ltd increased its holdings in BOK Financial by 214.0% in the 3rd quarter. Covestor Ltd now owns 314 shares of the bank’s stock worth $25,000 after buying an additional 214 shares in the last quarter. VisionPoint Advisory Group LLC boosted its position in BOK Financial by 102.1% in the third quarter. VisionPoint Advisory Group LLC now owns 380 shares of the bank’s stock worth $30,000 after purchasing an additional 192 shares during the last quarter. GAMMA Investing LLC purchased a new position in BOK Financial in the fourth quarter worth about $41,000. GHP Investment Advisors Inc. purchased a new position in BOK Financial in the third quarter worth about $65,000. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in BOK Financial in the third quarter worth about $78,000. 34.44% of the stock is currently owned by institutional investors.

BOK Financial Price Performance

NASDAQ BOKF traded up $0.87 during trading hours on Friday, reaching $90.83. The company’s stock had a trading volume of 164,657 shares, compared to its average volume of 162,650. The firm’s 50-day moving average price is $87.55 and its 200-day moving average price is $81.51. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.52. BOK Financial Co. has a 1 year low of $62.42 and a 1 year high of $93.51. The company has a market capitalization of $5.87 billion, a price-to-earnings ratio of 13.24 and a beta of 1.21.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings results on Wednesday, April 24th. The bank reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.19. BOK Financial had a return on equity of 10.62% and a net margin of 13.93%. The company had revenue of $806.91 million for the quarter, compared to analysts’ expectations of $473.70 million. During the same period in the previous year, the firm earned $2.43 EPS. On average, equities research analysts predict that BOK Financial Co. will post 7.43 EPS for the current fiscal year.

BOK Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date was Tuesday, February 13th. BOK Financial’s payout ratio is 32.07%.

Insiders Place Their Bets

In other BOK Financial news, Director Steven Bangert sold 3,000 shares of BOK Financial stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $81.59, for a total value of $244,770.00. Following the sale, the director now owns 50,985 shares of the company’s stock, valued at approximately $4,159,866.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 56.94% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on BOKF. Keefe, Bruyette & Woods raised their target price on BOK Financial from $97.00 to $100.00 and gave the stock a “market perform” rating in a research report on Thursday. Royal Bank of Canada raised their target price on BOK Financial from $94.00 to $98.00 and gave the stock a “sector perform” rating in a research report on Thursday. Hovde Group raised their target price on BOK Financial from $96.00 to $97.00 and gave the stock a “market perform” rating in a research report on Thursday. DA Davidson raised their target price on BOK Financial from $90.00 to $97.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Raymond James reissued an “outperform” rating and issued a $105.00 target price (up from $103.00) on shares of BOK Financial in a research report on Thursday. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $97.10.

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.