KLP Kapitalforvaltning AS Makes New $514,000 Investment in BOK Financial Co. (NASDAQ:BOKF)

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KLP Kapitalforvaltning AS purchased a new position in BOK Financial Co. (NASDAQ:BOKF – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,827 shares of the bank’s stock, valued at approximately $514,000. Several other institutional investors and hedge funds have [...]

KLP Kapitalforvaltning AS purchased a new position in BOK Financial Co. ( NASDAQ:BOKF – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,827 shares of the bank’s stock, valued at approximately $514,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Cerity Partners LLC grew its position in BOK Financial by 167.8% in the third quarter.



Cerity Partners LLC now owns 5,857 shares of the bank’s stock worth $613,000 after acquiring an additional 3,670 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of BOK Financial by 33.7% during the third quarter.

BNP Paribas Financial Markets now owns 4,781 shares of the bank’s stock valued at $500,000 after purchasing an additional 1,204 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in BOK Financial by 0.7% in the 3rd quarter.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 82,609 shares of the bank’s stock valued at $8,643,000 after buying an additional 564 shares during the period. Paloma Partners Management Co acquired a new position in BOK Financial in the third quarter worth about $315,000. Finally, Centiva Capital LP acquired a new position in shares of BOK Financial in the 3rd quarter worth approximately $440,000.

34.44% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets BOKF has been the subject of a number of recent analyst reports.

StockNews.com cut BOK Financial from a “buy” rating to a “hold” rating in a report on Monday, March 17th. Royal Bank of Canada increased their price target on BOK Financial from $115.

00 to $120.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Stephens decreased their price objective on shares of BOK Financial from $135.

00 to $127.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. Finally, Barclays assumed coverage on BOK Financial in a research note on Wednesday.

They issued an “equal weight” rating and a $115.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock.

According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $118.70.

BOK Financial Stock Down 8.8 % Shares of BOKF stock opened at $94.30 on Friday.

The firm’s fifty day moving average price is $106.45 and its two-hundred day moving average price is $109.11.

BOK Financial Co. has a 1 year low of $85.02 and a 1 year high of $121.

58. The company has a current ratio of 0.75, a quick ratio of 0.

79 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $6.

06 billion, a P/E ratio of 11.60 and a beta of 1.20.

BOK Financial ( NASDAQ:BOKF – Get Free Report ) last posted its quarterly earnings results on Friday, January 17th. The bank reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.

97 by $0.15. BOK Financial had a return on equity of 9.

86% and a net margin of 15.32%. On average, equities analysts predict that BOK Financial Co.

will post 8.83 EPS for the current fiscal year. BOK Financial Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th.

Investors of record on Wednesday, February 12th were paid a $0.57 dividend. The ex-dividend date of this dividend was Wednesday, February 12th.

This represents a $2.28 dividend on an annualized basis and a yield of 2.42%.

BOK Financial’s dividend payout ratio (DPR) is currently 28.04%. BOK Financial Company Profile ( Free Report ) 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.

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