BNP PARIBAS ASSET MANAGEMENT Holding S.A. Purchases 14,289 Shares of BOK Financial Co. (NASDAQ:BOKF)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of BOK Financial Co. (NASDAQ:BOKF) by 14.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,053 shares of the bank’s stock after purchasing an additional 14,289 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.18% of BOK Financial worth $10,401,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC bought a new position in shares of BOK Financial in the 4th quarter worth $41,000. Quest Partners LLC bought a new position in shares of BOK Financial in the 4th quarter worth $134,000. TFO Wealth Partners LLC lifted its holdings in shares of BOK Financial by 41,350.0% in the 4th quarter. TFO Wealth Partners LLC now owns 1,658 shares of the bank’s stock worth $142,000 after purchasing an additional 1,654 shares in the last quarter. Everpar Advisors LLC bought a new position in shares of BOK Financial in the 1st quarter worth $205,000. Finally, Principal Financial Group Inc. bought a new position in shares of BOK Financial in the 1st quarter worth $218,000. 34.44% of the stock is currently owned by institutional investors.

BOK Financial Stock Performance

Shares of BOK Financial stock traded up $1.00 during trading hours on Thursday, hitting $105.18. 21,012 shares of the company’s stock traded hands, compared to its average volume of 152,989. BOK Financial Co. has a 12-month low of $62.42 and a 12-month high of $105.65. The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 15.19 and a beta of 1.19. The company has a fifty day simple moving average of $91.53 and a 200-day simple moving average of $88.13. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.82 and a quick ratio of 0.82.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings data on Tuesday, April 30th. The bank reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.19. BOK Financial had a return on equity of 10.52% and a net margin of 13.93%. The company had revenue of $806.91 million during the quarter, compared to analyst estimates of $473.70 million. During the same quarter last year, the firm posted $2.43 EPS. Equities research analysts anticipate that BOK Financial Co. will post 7.7 EPS for the current fiscal year.

BOK Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Wednesday, May 15th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend was Tuesday, May 14th. BOK Financial’s dividend payout ratio (DPR) is currently 32.07%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BOKF shares. Keefe, Bruyette & Woods increased their target price on BOK Financial from $97.00 to $100.00 and gave the stock a “market perform” rating in a report on Thursday, April 25th. Wells Fargo & Company raised their price objective on BOK Financial from $80.00 to $95.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 10th. StockNews.com upgraded BOK Financial from a “sell” rating to a “hold” rating in a research note on Wednesday. Hovde Group upgraded BOK Financial from a “market perform” rating to an “outperform” rating in a research note on Monday, June 10th. Finally, Raymond James restated an “outperform” rating and set a $105.00 price objective (up from $103.00) on shares of BOK Financial in a research note on Thursday, April 25th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $96.90.

Insider Buying and Selling

In related news, Director Steven Bangert sold 3,000 shares of BOK Financial stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $91.66, for a total value of $274,980.00. Following the completion of the sale, the director now owns 47,985 shares of the company’s stock, valued at approximately $4,398,305.10. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 56.94% of the stock is currently owned by insiders.

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.