324 Shares in BOK Financial Co. (NASDAQ:BOKF) Bought by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC acquired a new position in BOK Financial Co. (NASDAQ:BOKFGet Rating) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 324 shares of the bank’s stock, valued at approximately $29,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Transform Wealth LLC raised its holdings in BOK Financial by 4.4% in the third quarter. Transform Wealth LLC now owns 2,886 shares of the bank’s stock worth $256,000 after purchasing an additional 121 shares in the last quarter. US Bancorp DE raised its holdings in BOK Financial by 8.2% in the second quarter. US Bancorp DE now owns 1,701 shares of the bank’s stock worth $128,000 after purchasing an additional 129 shares in the last quarter. Principal Financial Group Inc. raised its holdings in BOK Financial by 5.1% in the second quarter. Principal Financial Group Inc. now owns 3,130 shares of the bank’s stock worth $237,000 after purchasing an additional 151 shares in the last quarter. Captrust Financial Advisors raised its holdings in BOK Financial by 32.1% in the second quarter. Captrust Financial Advisors now owns 679 shares of the bank’s stock worth $51,000 after purchasing an additional 165 shares in the last quarter. Finally, Pinnacle Holdings LLC raised its holdings in BOK Financial by 7.4% in the second quarter. Pinnacle Holdings LLC now owns 4,327 shares of the bank’s stock worth $327,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 37.21% of the company’s stock.

BOK Financial Trading Down 0.5 %

BOK Financial stock opened at $96.42 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.67 and a quick ratio of 0.67. BOK Financial Co. has a one year low of $70.21 and a one year high of $110.85. The stock has a market capitalization of $6.48 billion, a PE ratio of 13.97 and a beta of 1.27. The business’s fifty day moving average is $102.37 and its 200 day moving average is $94.68.

BOK Financial (NASDAQ:BOKFGet Rating) last released its quarterly earnings data on Wednesday, October 26th. The bank reported $2.32 EPS for the quarter, beating the consensus estimate of $2.05 by $0.27. The company had revenue of $506.02 million for the quarter, compared to analysts’ expectations of $459.30 million. BOK Financial had a return on equity of 9.63% and a net margin of 25.70%. BOK Financial’s revenue was down .8% compared to the same quarter last year. During the same period last year, the firm posted $2.74 earnings per share. On average, sell-side analysts predict that BOK Financial Co. will post 7.49 EPS for the current year.

BOK Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 25th. Shareholders of record on Tuesday, November 15th were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 2.24%. This is a boost from BOK Financial’s previous quarterly dividend of $0.53. The ex-dividend date was Monday, November 14th. BOK Financial’s dividend payout ratio (DPR) is presently 31.30%.

Insiders Place Their Bets

In other BOK Financial news, Director C Fred Ball, Jr. sold 300 shares of the firm’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $103.54, for a total value of $31,062.00. Following the transaction, the director now directly owns 2,025 shares of the company’s stock, valued at $209,668.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other BOK Financial news, EVP Norman P. Bagwell sold 3,521 shares of the firm’s stock in a transaction dated Friday, October 28th. The stock was sold at an average price of $105.36, for a total value of $370,972.56. Following the transaction, the executive vice president now directly owns 27,071 shares of the company’s stock, valued at $2,852,200.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director C Fred Ball, Jr. sold 300 shares of the firm’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $103.54, for a total value of $31,062.00. Following the completion of the transaction, the director now directly owns 2,025 shares in the company, valued at approximately $209,668.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 34,575 shares of company stock valued at $3,676,986. Insiders own 56.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. StockNews.com assumed coverage on BOK Financial in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Wedbush increased their target price on BOK Financial from $90.00 to $100.00 in a research note on Thursday, October 27th. Truist Financial cut their target price on BOK Financial from $113.00 to $111.00 in a research note on Friday, December 9th. Stephens increased their target price on BOK Financial from $95.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 27th. Finally, DA Davidson reissued a “neutral” rating on shares of BOK Financial in a research note on Wednesday, December 21st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $110.17.

BOK Financial Profile

(Get Rating)

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.

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Want to see what other hedge funds are holding BOKF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BOK Financial Co. (NASDAQ:BOKFGet Rating).

Institutional Ownership by Quarter for BOK Financial (NASDAQ:BOKF)

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