BOK Financial (NASDAQ:BOKF) PT Raised to $102.00 at Wells Fargo & Company

BOK Financial (NASDAQ:BOKF) had its price target upped by investment analysts at Wells Fargo & Company from $100.00 to $102.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “equal weight” rating on the bank’s stock. Wells Fargo & Company‘s price target points to a potential upside of 0.71% from the stock’s current price.

Other research analysts also recently issued research reports about the company. StockNews.com upgraded BOK Financial from a “sell” rating to a “hold” rating in a report on Friday, July 26th. Hovde Group boosted their price target on shares of BOK Financial from $106.00 to $122.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. DA Davidson lifted their target price on BOK Financial from $97.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Royal Bank of Canada upped their target price on BOK Financial from $99.00 to $114.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 24th. Finally, Wedbush boosted their price objective on BOK Financial from $94.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, July 23rd. Eight 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $109.80.

BOK Financial Stock Down 3.2 %

Shares of BOK Financial stock traded down $3.34 on Tuesday, reaching $101.28. 77,014 shares of the company were exchanged, compared to its average volume of 151,573. The stock’s 50 day moving average price is $102.18 and its 200-day moving average price is $94.97. The company has a market cap of $6.53 billion, a P/E ratio of 14.76 and a beta of 1.18. BOK Financial has a 1-year low of $62.42 and a 1-year high of $108.01. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.82 and a quick ratio of 0.81.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings data on Monday, July 22nd. The bank reported $2.54 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.65. The company had revenue of $871.84 million for the quarter, compared to the consensus estimate of $520.43 million. BOK Financial had a net margin of 13.92% and a return on equity of 9.94%. During the same period in the prior year, the firm posted $2.27 EPS. As a group, equities analysts forecast that BOK Financial will post 7.78 EPS for the current year.

Hedge Funds Weigh In On BOK Financial

A number of large investors have recently bought and sold shares of BOKF. Point72 Asia Singapore Pte. Ltd. purchased a new position in BOK Financial during the second quarter worth about $39,000. Covestor Ltd increased its position in BOK Financial by 361.8% during the 1st quarter. Covestor Ltd now owns 471 shares of the bank’s stock worth $43,000 after purchasing an additional 369 shares during the period. Olistico Wealth LLC purchased a new stake in BOK Financial during the second quarter worth about $46,000. Bessemer Group Inc. acquired a new position in BOK Financial during the first quarter worth about $86,000. Finally, TFO Wealth Partners LLC lifted its position in shares of BOK Financial by 41,350.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,658 shares of the bank’s stock valued at $142,000 after acquiring an additional 1,654 shares during the period. Hedge funds and other institutional investors own 34.44% of the company’s stock.

BOK Financial Company Profile

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.