Universal Beteiligungs und Servicegesellschaft mbH Grows Stake in Bank OZK $OZK

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Bank OZK (NASDAQ:OZK) by 160.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,496 shares of the company’s stock after purchasing an additional 19,398 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Bank OZK were worth $1,454,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Level Four Advisory Services LLC increased its stake in shares of Bank OZK by 1.4% during the third quarter. Level Four Advisory Services LLC now owns 16,816 shares of the company’s stock worth $857,000 after purchasing an additional 231 shares in the last quarter. Savant Capital LLC increased its stake in shares of Bank OZK by 0.6% during the third quarter. Savant Capital LLC now owns 51,800 shares of the company’s stock worth $2,641,000 after purchasing an additional 323 shares in the last quarter. Burford Brothers Inc. increased its stake in shares of Bank OZK by 2.5% during the third quarter. Burford Brothers Inc. now owns 13,086 shares of the company’s stock worth $667,000 after purchasing an additional 325 shares in the last quarter. True Wealth Design LLC increased its stake in shares of Bank OZK by 147.0% during the third quarter. True Wealth Design LLC now owns 568 shares of the company’s stock worth $29,000 after purchasing an additional 338 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Bank OZK by 6.0% during the third quarter. Versant Capital Management Inc now owns 6,594 shares of the company’s stock worth $336,000 after purchasing an additional 374 shares in the last quarter. Hedge funds and other institutional investors own 86.18% of the company’s stock.

Bank OZK Stock Up 0.9%

Shares of NASDAQ OZK opened at $48.57 on Friday. Bank OZK has a 12-month low of $42.37 and a 12-month high of $53.66. The stock has a market cap of $5.43 billion, a PE ratio of 7.91 and a beta of 0.91. The company has a current ratio of 1.00, a quick ratio of 1.02 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average of $46.59 and a 200 day moving average of $46.82.

Bank OZK (NASDAQ:OZK) last announced its quarterly earnings data 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). Bank OZK had a net margin of 25.27% and a return on equity of 12.32%. The business had revenue of $424.32 million for the quarter, compared to analysts’ expectations of $422.62 million. During the same period in the prior year, the company posted $1.47 EPS. The firm’s revenue was up 2.2% on a year-over-year basis. As a group, sell-side analysts predict that Bank OZK will post 6.03 EPS for the current fiscal year.

Bank OZK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 13th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, April 13th. Bank OZK’s payout ratio is presently 30.62%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on OZK shares. TD Cowen cut their target price on shares of Bank OZK from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Weiss Ratings raised shares of Bank OZK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. UBS Group assumed coverage on shares of Bank OZK in a research note on Tuesday, April 7th. They set a “neutral” rating and a $48.00 price objective for the company. Morgan Stanley upped their price objective on shares of Bank OZK from $57.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Finally, Stephens dropped their price objective on shares of Bank OZK from $64.00 to $62.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Bank OZK presently 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.