Bank Of The Ozarks Inc (OZRK) Shares Sold by Grandeur Peak Global Advisors LLC

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Grandeur Peak Global Advisors LLC trimmed its holdings in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 3.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 221,925 shares of the financial services provider’s stock after selling 8,250 shares during the period. Grandeur Peak Global Advisors LLC’s holdings in Bank Of The Ozarks were worth $9,996,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Baird Financial Group Inc. bought a new position in shares of Bank Of The Ozarks during the 1st quarter worth approximately $235,000. Diamond Hill Capital Management Inc. boosted its holdings in shares of Bank Of The Ozarks by 32.9% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 2,237,571 shares of the financial services provider’s stock worth $100,780,000 after buying an additional 553,875 shares in the last quarter. AGF Investments Inc. boosted its holdings in shares of Bank Of The Ozarks by 33.0% during the 1st quarter. AGF Investments Inc. now owns 180,581 shares of the financial services provider’s stock worth $8,717,000 after buying an additional 44,853 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Bank Of The Ozarks by 29.5% in the 1st quarter. Wells Fargo & Company MN now owns 883,941 shares of the financial services provider’s stock worth $42,667,000 after purchasing an additional 201,579 shares in the last quarter. Finally, Alps Advisors Inc. lifted its holdings in shares of Bank Of The Ozarks by 18.1% in the 2nd quarter. Alps Advisors Inc. now owns 10,781 shares of the financial services provider’s stock worth $522,000 after purchasing an additional 1,654 shares in the last quarter. Hedge funds and other institutional investors own 90.89% of the company’s stock.

A number of equities analysts recently issued reports on OZRK shares. Citigroup started coverage on Bank Of The Ozarks in a report on Monday, July 9th. They issued a “buy” rating and a $59.00 target price on the stock. BidaskClub cut Bank Of The Ozarks from a “hold” rating to a “sell” rating in a report on Wednesday, June 27th. Raymond James cut their target price on Bank Of The Ozarks from $63.00 to $54.00 and set a “strong-buy” rating on the stock in a report on Friday, July 13th. Barclays cut their target price on Bank Of The Ozarks from $57.00 to $53.00 and set an “overweight” rating on the stock in a report on Friday, July 13th. Finally, Sandler O’Neill set a $54.00 target price on Bank Of The Ozarks and gave the stock a “buy” rating in a report on Friday, July 13th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $54.91.

Shares of OZRK opened at $41.24 on Friday. Bank Of The Ozarks Inc has a 12-month low of $40.15 and a 12-month high of $53.70. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $5.29 billion, a P/E ratio of 13.93, a PEG ratio of 0.93 and a beta of 1.35.

Bank Of The Ozarks (NASDAQ:OZRK) last issued its earnings results on Wednesday, July 11th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.89. The company had revenue of $252.05 million for the quarter, compared to analysts’ expectations 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 business earned $0.73 EPS. sell-side analysts forecast that Bank Of The Ozarks Inc will post 3.68 earnings per share for the current fiscal year.

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.

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

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