BOK Financial (BOKF) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of BOK Financial (NASDAQ: BOKF) recently:

• 4/26/2024 – BOK Financial had its price target lowered by analysts at Truist Financial Co. from $99.00 to $97.00. They now have a “hold” rating on the stock.
• 4/25/2024 – BOK Financial had its price target raised by analysts at Royal Bank of Canada from $94.00 to $98.00. They now have a “sector perform” rating on the stock.
• 4/25/2024 – BOK Financial had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $105.00 price target on the stock, up previously from $103.00.
• 4/25/2024 – BOK Financial had its price target raised by analysts at DA Davidson from $90.00 to $97.00. They now have a “neutral” rating on the stock.
• 4/25/2024 – BOK Financial had its price target raised by analysts at Keefe, Bruyette & Woods from $97.00 to $100.00. They now have a “market perform” rating on the stock.
• 4/25/2024 – BOK Financial had its price target raised by analysts at Hovde Group from $96.00 to $97.00. They now have a “market perform” rating on the stock.
• 4/10/2024 – BOK Financial had its price target raised by analysts at Wells Fargo & Company from $80.00 to $95.00. They now have an “equal weight” rating on the stock.
• 4/9/2024 – BOK Financial had its price target raised by analysts at Royal Bank of Canada from $93.00 to $94.00. They now have a “sector perform” rating on the stock.
• 4/5/2024 – BOK Financial had its price target raised by analysts at Keefe, Bruyette & Woods from $94.00 to $97.00. They now have a “market perform” rating on the stock.
• 4/4/2024 – BOK Financial was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a $103.00 price target on the stock.
• 4/1/2024 – BOK Financial had its price target raised by analysts at Truist Financial Co. from $90.00 to $99.00. They now have a “hold” rating on the stock.
• 3/27/2024 – BOK Financial had its “market perform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $94.00 price target on the stock.
• 3/21/2024 – BOK Financial was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/13/2024 – BOK Financial had its price target raised by analysts at Citigroup Inc. from $90.00 to $92.00. They now have a “neutral” rating on the stock.
• 3/13/2024 – BOK Financial was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/5/2024 – BOK Financial was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

BOK Financial Stock Up 1.7 %

Shares of BOKF opened at $90.24 on Thursday. The firm’s 50-day simple moving average is $87.77 and its 200 day simple moving average is $81.75. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $5.83 billion, a P/E ratio of 13.15 and a beta of 1.21. BOK Financial Co. has a 52 week low of $62.42 and a 52 week high of $93.51.

BOK Financial (NASDAQ:BOKF) last announced its earnings results on Tuesday, April 30th. The bank reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.19. The company had revenue of $806.91 million for the quarter, compared to analyst estimates of $473.70 million. BOK Financial had a return on equity of 10.62% and a net margin of 13.93%. During the same quarter last year, the company earned $2.43 earnings per share. On average, analysts forecast that BOK Financial Co. will post 7.53 earnings per share for the current year.

Insider Transactions at BOK Financial

In related news, Director Steven Bangert sold 3,000 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $81.59, for a total value of $244,770.00. Following the transaction, the director now directly owns 50,985 shares in the company, valued at $4,159,866.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 59.72% of the company’s stock.

Institutional Investors Weigh In On BOK Financial

A number of large investors have recently bought and sold shares of BOKF. George Kaiser Family Foundation raised its holdings in shares of BOK Financial by 1.2% during the 4th quarter. George Kaiser Family Foundation now owns 3,361,707 shares of the bank’s stock worth $287,930,000 after buying an additional 38,898 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in BOK Financial by 13.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,906,002 shares of the bank’s stock worth $163,252,000 after acquiring an additional 221,785 shares in the last quarter. BOKF NA lifted its holdings in shares of BOK Financial by 0.9% in the fourth quarter. BOKF NA now owns 711,535 shares of the bank’s stock worth $60,943,000 after acquiring an additional 6,632 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in shares of BOK Financial by 4.7% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 325,236 shares of the bank’s stock valued at $26,012,000 after purchasing an additional 14,639 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of BOK Financial during the 4th quarter valued at approximately $27,170,000. 34.44% of the stock is currently owned by institutional investors and hedge funds.

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.