Vanguard Personalized Indexing Management LLC Has $258,000 Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Vanguard Personalized Indexing Management LLC grew its holdings in shares of BOK Financial Co. (NASDAQ:BOKF) by 18.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,816 shares of the bank’s stock after purchasing an additional 431 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in BOK Financial were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Covestor Ltd lifted its position in shares of BOK Financial by 361.8% in the first quarter. Covestor Ltd now owns 471 shares of the bank’s stock worth $43,000 after buying an additional 369 shares during the last quarter. Olistico Wealth LLC bought a new stake in BOK Financial during the second quarter worth approximately $46,000. Bessemer Group Inc. acquired a new position in BOK Financial during the first quarter valued at approximately $86,000. TFO Wealth Partners LLC raised its position in shares of BOK Financial by 41,350.0% in the fourth quarter. TFO Wealth Partners LLC now owns 1,658 shares of the bank’s stock valued at $142,000 after purchasing an additional 1,654 shares during the period. Finally, nVerses Capital LLC acquired a new stake in shares of BOK Financial in the second quarter worth $147,000. Institutional investors and hedge funds own 34.44% of the company’s stock.

BOK Financial Stock Performance

BOKF opened at $104.38 on Monday. The stock’s 50 day simple moving average is $102.22 and its 200-day simple moving average is $94.84. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 1.27. The stock has a market cap of $6.73 billion, a PE ratio of 15.22 and a beta of 1.18. BOK Financial Co. has a 1 year low of $62.42 and a 1 year high of $108.01.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings results on Monday, July 22nd. The bank reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.65. BOK Financial had a net margin of 13.92% and a return on equity of 9.94%. The firm had revenue of $871.84 million for the quarter, compared to analyst estimates of $520.43 million. During the same quarter in the previous year, the firm posted $2.27 EPS. Sell-side analysts forecast that BOK Financial Co. will post 7.78 EPS for the current year.

BOK Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.20 annualized dividend and a dividend yield of 2.11%. BOK Financial’s dividend payout ratio is currently 32.07%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Hovde Group lifted their target price on shares of BOK Financial from $106.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 24th. Stephens reissued an “equal weight” rating and set a $104.00 price objective on shares of BOK Financial in a research report on Tuesday, July 23rd. Keefe, Bruyette & Woods raised their target price on BOK Financial from $100.00 to $110.00 and gave the company a “market perform” rating in a report on Thursday, July 25th. Truist Financial raised BOK Financial from a “hold” rating to a “buy” rating and lifted their price target for the stock from $112.00 to $123.00 in a research report on Friday, September 20th. Finally, Wedbush increased their price objective on BOK Financial from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, July 23rd. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, BOK Financial currently has an average rating of “Hold” and an average target price of $109.10.

About BOK Financial

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.