Universal Beteiligungs und Servicegesellschaft mbH Raises Stock Holdings in Bank OZK $OZK

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Bank OZK (NASDAQ:OZK) by 17.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,072 shares of the company’s stock after purchasing an additional 1,466 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Bank OZK were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in OZK. Hantz Financial Services Inc. lifted its stake in shares of Bank OZK by 58.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 590 shares of the company’s stock valued at $28,000 after purchasing an additional 217 shares during the last quarter. National Bank of Canada FI raised its holdings in Bank OZK by 12.8% during the 1st quarter. National Bank of Canada FI now owns 1,960 shares of the company’s stock valued at $85,000 after buying an additional 223 shares during the period. Assetmark Inc. lifted its position in Bank OZK by 20.8% in the second quarter. Assetmark Inc. now owns 1,507 shares of the company’s stock worth $71,000 after buying an additional 259 shares during the last quarter. BTC Capital Management Inc. boosted its stake in Bank OZK by 1.9% during the second quarter. BTC Capital Management Inc. now owns 16,838 shares of the company’s stock worth $791,000 after buying an additional 311 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in Bank OZK by 5.2% during the second quarter. Concurrent Investment Advisors LLC now owns 7,422 shares of the company’s stock valued at $349,000 after acquiring an additional 365 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on OZK. Wells Fargo & Company boosted their target price on Bank OZK from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Monday, September 29th. National Bankshares set a $67.00 price objective on Bank OZK in a report on Wednesday, September 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Bank OZK in a research report on Thursday, October 30th. UBS Group decreased their target price on Bank OZK from $57.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, October 28th. Finally, Cowen reissued a “buy” rating on shares of Bank OZK in a research note on Tuesday, October 21st. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.75.

Bank OZK Trading Up 0.1%

Shares of NASDAQ OZK opened at $46.00 on Friday. Bank OZK has a 1-year low of $35.71 and a 1-year high of $53.66. The business has a fifty day moving average price of $47.31 and a 200 day moving average price of $48.38. The stock has a market capitalization of $5.23 billion, a P/E ratio of 7.42 and a beta of 0.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.03 and a quick ratio of 1.04.

Bank OZK (NASDAQ:OZK) last posted its quarterly earnings data on Thursday, October 16th. The company reported $1.59 EPS for the quarter, missing the consensus estimate of $1.66 by ($0.07). Bank OZK had a return on equity of 13.00% and a net margin of 25.81%.The firm had revenue of $449.94 million for the quarter, compared to the consensus estimate of $447.93 million. During the same quarter last year, the firm earned $1.55 EPS. Equities research analysts expect that Bank OZK will post 6.02 EPS for the current fiscal year.

Bank OZK Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 14th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.9%. The ex-dividend date was Tuesday, October 14th. This is a positive change from Bank OZK’s previous quarterly dividend of $0.44. Bank OZK’s dividend payout ratio (DPR) is presently 29.03%.

About Bank OZK

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.