Bank Of The Ozarks Inc (NASDAQ:OZRK) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA boosted its position in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 1.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 601,811 shares of the financial services provider’s stock after purchasing an additional 7,364 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.47% of Bank Of The Ozarks worth $27,106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. increased its stake in Bank Of The Ozarks by 2.6% during the 1st quarter. BlackRock Inc. now owns 10,580,329 shares of the financial services provider’s stock worth $510,712,000 after purchasing an additional 272,830 shares in the last quarter. Epoch Investment Partners Inc. boosted its holdings in shares of Bank Of The Ozarks by 20.4% in the 1st quarter. Epoch Investment Partners Inc. now owns 4,366,597 shares of the financial services provider’s stock valued at $210,776,000 after buying an additional 739,871 shares during the last quarter. Diamond Hill Capital Management Inc. acquired a new stake in shares of Bank Of The Ozarks in the 1st quarter valued at approximately $81,272,000. Dimensional Fund Advisors LP boosted its holdings in shares of Bank Of The Ozarks by 3.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,319,734 shares of the financial services provider’s stock valued at $63,704,000 after buying an additional 47,889 shares during the last quarter. Finally, Giverny Capital Inc. boosted its holdings in shares of Bank Of The Ozarks by 2.1% in the 1st quarter. Giverny Capital Inc. now owns 1,240,848 shares of the financial services provider’s stock valued at $59,896,000 after buying an additional 25,008 shares during the last quarter. 90.89% of the stock is owned by hedge funds and other institutional investors.

Shares of OZRK stock traded down $0.88 during mid-day trading on Friday, reaching $41.24. 2,801,286 shares of the stock traded hands, compared to its average volume of 1,139,800. Bank Of The Ozarks Inc has a 1-year low of $40.15 and a 1-year high of $53.70. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.93 and a beta of 1.35. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Wednesday, July 11th. The financial services provider reported $0.89 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.89. The firm had revenue of $252.05 million for the quarter, compared to analyst estimates of $256.21 million. Bank Of The Ozarks had a return on equity of 12.05% and a net margin of 41.20%. During the same period last year, the firm posted $0.73 earnings per share. sell-side analysts predict that Bank Of The Ozarks Inc will post 3.68 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on the company. Citigroup assumed coverage on Bank Of The Ozarks in a report on Monday, June 18th. They set a “buy” rating and a $62.00 price target for the company. Brean Capital reaffirmed a “buy” rating on shares of Bank Of The Ozarks in a report on Monday, May 14th. Sandler O’Neill set a $54.00 price objective on Bank Of The Ozarks and gave the stock a “buy” rating in a research report on Friday, July 13th. Barclays lowered their price objective on Bank Of The Ozarks from $57.00 to $53.00 and set an “overweight” rating on the stock in a research report on Friday, July 13th. Finally, ValuEngine cut Bank Of The Ozarks from a “hold” rating to a “sell” rating in a research report on Friday, June 29th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $54.91.

Bank Of The Ozarks Profile

Bank of the Ozarks provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.

Featured Article: Outstanding Shares

Institutional Ownership by Quarter for Bank Of The Ozarks (NASDAQ:OZRK)

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