Royce & Associates LP Has $2.34 Million Position in Bank of the Ozarks (OZRK)

Royce & Associates LP trimmed its stake in shares of Bank of the Ozarks (NASDAQ:OZRK) by 52.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,000 shares of the financial services provider’s stock after selling 56,000 shares during the quarter. Royce & Associates LP’s holdings in Bank of the Ozarks were worth $2,344,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. First Midwest Bank Trust Division raised its stake in shares of Bank of the Ozarks by 0.4% during the 2nd quarter. First Midwest Bank Trust Division now owns 33,502 shares of the financial services provider’s stock valued at $1,570,000 after purchasing an additional 143 shares during the period. Bellwether Investment Group LLC raised its stake in shares of Bank of the Ozarks by 0.4% during the 1st quarter. Bellwether Investment Group LLC now owns 5,162 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 22 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Bank of the Ozarks by 4.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 527,393 shares of the financial services provider’s stock valued at $27,430,000 after purchasing an additional 23,322 shares during the period. SG Americas Securities LLC raised its stake in shares of Bank of the Ozarks by 47.1% during the 2nd quarter. SG Americas Securities LLC now owns 58,422 shares of the financial services provider’s stock valued at $2,738,000 after purchasing an additional 18,699 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Bank of the Ozarks by 15.0% during the 2nd quarter. American Century Companies Inc. now owns 1,155,532 shares of the financial services provider’s stock valued at $54,160,000 after purchasing an additional 150,562 shares during the period. Institutional investors own 87.90% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Royce & Associates LP Has $2.34 Million Position in Bank of the Ozarks (OZRK)” was originally posted by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and international copyright laws. The original version of this news story can be accessed at https://www.tickerreport.com/banking-finance/2888036/royce-associates-lp-has-2-34-million-position-in-bank-of-the-ozarks-ozrk.html.

Bank of the Ozarks (NASDAQ:OZRK) opened at 43.64 on Wednesday. The stock has a market capitalization of $5.59 billion, a PE ratio of 15.34 and a beta of 1.53. The company’s 50-day moving average price is $42.99 and its 200 day moving average price is $47.47. Bank of the Ozarks has a 52-week low of $35.53 and a 52-week high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Wednesday, July 12th. The financial services provider reported $0.73 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.73. The business had revenue of $237.30 million for the quarter, compared to analysts’ expectations of $232.85 million. Bank of the Ozarks had a return on equity of 11.75% and a net margin of 46.15%. The business’s quarterly revenue was up 64.8% on a year-over-year basis. During the same period last year, the firm earned $0.60 earnings per share. Equities analysts forecast that Bank of the Ozarks will post $2.97 EPS for the current fiscal year.

A number of analysts recently issued reports on the company. Stephens set a $48.00 price objective on Bank of the Ozarks and gave the company a “hold” rating in a research note on Thursday, August 3rd. Brean Capital set a $59.00 price objective on Bank of the Ozarks and gave the company a “buy” rating in a research note on Saturday, June 3rd. Keefe, Bruyette & Woods set a $56.00 price objective on Bank of the Ozarks and gave the company a “buy” rating in a research note on Thursday, July 6th. BidaskClub lowered Bank of the Ozarks from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. Finally, ValuEngine lowered Bank of the Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Bank of the Ozarks presently has a consensus rating of “Hold” and a consensus target price of $52.25.

Bank of the Ozarks Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

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

Receive News & Ratings for Bank of the Ozarks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of the Ozarks and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.