Bank of the Ozarks (OZRK) Shares Sold by UBS Group AG

UBS Group AG reduced its stake in Bank of the Ozarks (NASDAQ:OZRK) by 38.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 183,603 shares of the financial services provider’s stock after selling 113,759 shares during the period. UBS Group AG’s holdings in Bank of the Ozarks were worth $9,550,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Federated Investors Inc. PA raised its position in Bank of the Ozarks by 26.3% in the fourth quarter. Federated Investors Inc. PA now owns 49,363 shares of the financial services provider’s stock valued at $2,596,000 after buying an additional 10,279 shares during the period. Bank of Montreal Can raised its position in Bank of the Ozarks by 86.4% in the first quarter. Bank of Montreal Can now owns 660,685 shares of the financial services provider’s stock valued at $34,362,000 after buying an additional 306,284 shares during the period. Nordea Investment Management AB raised its position in Bank of the Ozarks by 5.2% in the first quarter. Nordea Investment Management AB now owns 564,002 shares of the financial services provider’s stock valued at $29,334,000 after buying an additional 28,069 shares during the period. Norges Bank acquired a new position in Bank of the Ozarks during the fourth quarter valued at approximately $37,239,000. Finally, Bellwether Investment Group LLC raised its position in Bank of the Ozarks by 0.4% in the first quarter. Bellwether Investment Group LLC now owns 5,162 shares of the financial services provider’s stock valued at $268,000 after buying an additional 22 shares during the period. 85.66% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

Bank of the Ozarks (NASDAQ OZRK) traded down 0.72% on Tuesday, reaching $48.16. 454,676 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $47.02 and a 200-day moving average of $51.16. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of 17.62 and a beta of 1.53. Bank of the Ozarks has a 12 month low of $33.51 and a 12 month high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings data on Tuesday, April 11th. The financial services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. Bank of the Ozarks had a net margin of 35.50% and a return on equity of 12.33%. The firm had revenue of $219.83 million for the quarter, compared to analyst estimates of $225.45 million. During the same quarter in the prior year, the firm earned $0.57 EPS. On average, equities analysts expect that Bank of the Ozarks will post $3.00 earnings per share for the current year.

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OZRK has been the subject of several research reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $56.00 price target on shares of Bank of the Ozarks in a report on Wednesday, May 3rd. Stephens reaffirmed a “buy” rating on shares of Bank of the Ozarks in a report on Wednesday, May 24th. Brean Capital set a $63.00 price target on shares of Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, May 18th. Zacks Investment Research lowered shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a report on Thursday, April 13th. Finally, BidaskClub raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Bank of the Ozarks currently has a consensus rating of “Buy” and an average price target of $52.43.

In other news, Director Walter J. Mullen III sold 505 shares of the firm’s stock in a transaction dated Monday, April 24th. The shares were sold at an average price of $50.31, for a total value of $25,406.55. Following the transaction, the director now owns 3,400 shares of the company’s stock, valued at approximately $171,054. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paula H. Cholmondeley bought 1,214 shares of Bank of the Ozarks stock in a transaction dated Thursday, April 20th. The stock was acquired at an average cost of $49.36 per share, for a total transaction of $59,923.04. Following the purchase, the director now directly owns 6,227 shares in the company, valued at approximately $307,364.72. The disclosure for this purchase can be found here. In the last three months, insiders have sold 22,760 shares of company stock worth $1,078,619. Insiders own 6.70% of the company’s stock.

About Bank of the Ozarks

Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company provides a range of retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:OZRK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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