XTX Topco Ltd Has $412,000 Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

XTX Topco Ltd boosted its position in BOK Financial Co. (NASDAQ:BOKF) by 9.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,940 shares of the bank’s stock after buying an additional 346 shares during the quarter. XTX Topco Ltd’s holdings in BOK Financial were worth $412,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. bought a new position in shares of BOK Financial in the 2nd quarter valued at about $3,429,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in BOK Financial by 11.7% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 126,228 shares of the bank’s stock valued at $11,567,000 after acquiring an additional 13,175 shares during the last quarter. Creative Planning grew its holdings in BOK Financial by 130.1% during the 3rd quarter. Creative Planning now owns 11,946 shares of the bank’s stock worth $1,250,000 after acquiring an additional 6,755 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of BOK Financial during the 2nd quarter valued at $540,000. Finally, Bleakley Financial Group LLC lifted its stake in shares of BOK Financial by 31.6% in the 3rd quarter. Bleakley Financial Group LLC now owns 3,013 shares of the bank’s stock valued at $315,000 after purchasing an additional 724 shares during the period. 34.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Stephens decreased their price objective on BOK Financial from $116.00 to $114.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Royal Bank of Canada upped their price target on BOK Financial from $111.00 to $113.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 23rd. DA Davidson reduced their price objective on shares of BOK Financial from $124.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Wells Fargo & Company upped their target price on shares of BOK Financial from $105.00 to $112.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. Finally, Truist Financial raised shares of 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. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $114.40.

BOK Financial Price Performance

BOKF stock opened at $116.05 on Monday. The stock has a 50-day moving average price of $112.97 and a two-hundred day moving average price of $103.19. BOK Financial Co. has a 1 year low of $77.86 and a 1 year high of $121.58. The stock has a market cap of $7.44 billion, a PE ratio of 15.96 and a beta of 1.18. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.87.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings data on Monday, October 21st. The bank reported $2.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.20. The business had revenue of $888.50 million during the quarter, compared to the consensus estimate of $509.43 million. BOK Financial had a return on equity of 9.67% and a net margin of 13.78%. During the same period last year, the company earned $2.04 earnings per share. Equities analysts forecast that BOK Financial Co. will post 8.08 EPS for the current fiscal year.

BOK Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 15th were issued a dividend of $0.57 per share. This is a boost from BOK Financial’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, November 15th. This represents a $2.28 annualized dividend and a yield of 1.96%. BOK Financial’s dividend payout ratio is presently 31.36%.

Insider Buying and Selling at BOK Financial

In related news, Director Steven Bangert sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $117.83, for a total transaction of $235,660.00. Following the completion of the transaction, the director now directly owns 44,709 shares of the company’s stock, valued at approximately $5,268,061.47. This represents a 4.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 56.94% 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.