Militia Capital Partners LP Acquires New Shares in Bank OZK $OZK

Militia Capital Partners LP acquired a new stake in shares of Bank OZK (NASDAQ:OZK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,000 shares of the company’s stock, valued at approximately $552,000.

Other institutional investors also recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in shares of Bank OZK during the fourth quarter valued at $25,000. BOKF NA purchased a new stake in shares of Bank OZK during the third quarter valued at $27,000. Bayforest Capital Ltd boosted its position in shares of Bank OZK by 100.5% during the fourth quarter. Bayforest Capital Ltd now owns 766 shares of the company’s stock valued at $35,000 after buying an additional 384 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Bank OZK during the fourth quarter valued at $36,000. Finally, Transamerica Financial Advisors LLC boosted its position in shares of Bank OZK by 111.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 830 shares of the company’s stock valued at $38,000 after buying an additional 437 shares during the last quarter. 86.18% of the stock is owned by hedge funds and other institutional investors.

Bank OZK Trading Down 1.5%

Shares of NASDAQ:OZK opened at $50.35 on Wednesday. The stock has a market capitalization of $5.63 billion, a price-to-earnings ratio of 8.20 and a beta of 0.90. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s 50-day simple moving average is $48.42 and its two-hundred day simple moving average is $47.59. Bank OZK has a 52-week low of $42.37 and a 52-week high of $53.66.

Bank OZK (NASDAQ:OZK) last announced its earnings results on Tuesday, April 21st. The company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). The firm had revenue of $424.32 million during the quarter, compared to analysts’ expectations of $422.62 million. Bank OZK had a return on equity of 12.32% and a net margin of 25.27%.The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.47 earnings per share. Analysts expect that Bank OZK will post 6.02 EPS for the current year.

Bank OZK Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 13th were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, April 13th. Bank OZK’s payout ratio is presently 30.62%.

Analysts Set New Price Targets

Several research analysts have issued reports on OZK shares. Wells Fargo & Company raised their target price on Bank OZK from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Monday, March 30th. Morgan Stanley raised their target price on Bank OZK from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Weiss Ratings cut Bank OZK from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Wall Street Zen raised Bank OZK from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, UBS Group started coverage on Bank OZK in a research report on Tuesday, April 7th. They issued a “neutral” rating and a $48.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $56.89.

Bank OZK Company Profile

Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.

The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.