36,600 Shares in BOK Financial Co. (NASDAQ:BOKF) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in BOK Financial Co. (NASDAQ:BOKF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 36,600 shares of the bank’s stock, valued at approximately $3,896,000. Jefferies Financial Group Inc. owned 0.06% of BOK Financial as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Picton Mahoney Asset Management bought a new position in BOK Financial in the 4th quarter worth $30,000. Venturi Wealth Management LLC lifted its position in shares of BOK Financial by 33.8% in the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank’s stock worth $42,000 after acquiring an additional 100 shares during the period. US Bancorp DE grew its holdings in shares of BOK Financial by 12.5% during the 4th quarter. US Bancorp DE now owns 1,088 shares of the bank’s stock worth $116,000 after purchasing an additional 121 shares in the last quarter. Aster Capital Management DIFC Ltd increased its position in shares of BOK Financial by 538.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,182 shares of the bank’s stock valued at $126,000 after purchasing an additional 997 shares during the period. Finally, KBC Group NV raised its stake in shares of BOK Financial by 32.7% in the fourth quarter. KBC Group NV now owns 1,201 shares of the bank’s stock valued at $128,000 after purchasing an additional 296 shares in the last quarter. 34.44% of the stock is currently owned by institutional investors and hedge funds.

BOK Financial Stock Performance

NASDAQ BOKF opened at $98.76 on Tuesday. BOK Financial Co. has a 1-year low of $85.08 and a 1-year high of $121.58. The company has a 50 day moving average of $96.21 and a 200-day moving average of $106.22. 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 cap of $6.35 billion, a price-to-earnings ratio of 12.15 and a beta of 0.87.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings results on Monday, April 21st. The bank reported $1.86 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.15). BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. The business had revenue of $500.37 million for the quarter, compared to the consensus estimate of $520.86 million. On average, equities analysts forecast that BOK Financial Co. will post 8.83 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Thursday, May 15th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.31%. BOK Financial’s dividend payout ratio is 26.21%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BOKF shares. Barclays decreased their price target on shares of BOK Financial from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada lowered their target price on shares of BOK Financial from $119.00 to $104.00 and set a “sector perform” rating on the stock in a research note on Wednesday, April 23rd. Stephens dropped their price target on shares of BOK Financial from $124.00 to $110.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 23rd. Wells Fargo & Company decreased their price objective on BOK Financial from $120.00 to $100.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 9th. Finally, Hovde Group dropped their target price on BOK Financial from $122.00 to $110.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, BOK Financial has an average rating of “Hold” and an average price target of $111.60.

About BOK Financial

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.