Aviva PLC Invests $1.57 Million in BOK Financial Co. (NASDAQ:BOKF)

Aviva PLC acquired a new position in BOK Financial Co. (NASDAQ:BOKFGet Rating) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,710 shares of the bank’s stock, valued at approximately $1,574,000.

Several other institutional investors also recently modified their holdings of the stock. Handelsbanken Fonder AB increased its position in shares of BOK Financial by 1.6% in the third quarter. Handelsbanken Fonder AB now owns 6,472 shares of the bank’s stock worth $575,000 after purchasing an additional 100 shares during the last quarter. Transform Wealth LLC increased its position in shares of BOK Financial by 4.4% in the third quarter. Transform Wealth LLC now owns 2,886 shares of the bank’s stock worth $256,000 after purchasing an additional 121 shares during the last quarter. US Bancorp DE increased its position in shares of BOK Financial by 8.2% in the second quarter. US Bancorp DE now owns 1,701 shares of the bank’s stock worth $128,000 after purchasing an additional 129 shares during the last quarter. Principal Financial Group Inc. grew its position in BOK Financial by 5.1% during the second quarter. Principal Financial Group Inc. now owns 3,130 shares of the bank’s stock valued at $237,000 after acquiring an additional 151 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in BOK Financial by 1.3% during the third quarter. Treasurer of the State of North Carolina now owns 12,594 shares of the bank’s stock valued at $1,119,000 after acquiring an additional 160 shares during the last quarter. 37.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BOK Financial

In related news, Director Pedro Claudia San purchased 1,000 shares of the stock in a transaction dated Wednesday, February 8th. The stock was purchased at an average price of $103.66 per share, with a total value of $103,660.00. Following the transaction, the director now directly owns 2,387 shares in the company, valued at $247,436.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director C Fred Ball, Jr. sold 300 shares of BOK Financial stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $103.54, for a total value of $31,062.00. Following the completion of the transaction, the director now owns 2,025 shares of the company’s stock, valued at approximately $209,668.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Pedro Claudia San purchased 1,000 shares of the stock in a transaction dated Wednesday, February 8th. The stock was bought at an average cost of $103.66 per share, with a total value of $103,660.00. Following the transaction, the director now owns 2,387 shares in the company, valued at $247,436.42. The disclosure for this purchase can be found here. Insiders own 56.94% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Keefe, Bruyette & Woods increased their price target on shares of BOK Financial from $105.00 to $110.00 and gave the company a “market perform” rating in a research report on Thursday, January 26th. DA Davidson reiterated a “neutral” rating on shares of BOK Financial in a research report on Wednesday, December 21st. Royal Bank of Canada increased their price target on shares of BOK Financial from $112.00 to $117.00 in a research report on Thursday, January 26th. Truist Financial reduced their price target on shares of BOK Financial from $111.00 to $105.00 and set a “hold” rating on the stock in a research report on Wednesday, February 1st. Finally, Wells Fargo & Company raised their target price on shares of BOK Financial from $120.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $111.00.

BOK Financial Stock Performance

Shares of BOK Financial stock opened at $103.64 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $6.97 billion, a P/E ratio of 13.46 and a beta of 1.25. The business has a fifty day simple moving average of $101.83 and a two-hundred day simple moving average of $98.69. BOK Financial Co. has a 12 month low of $70.21 and a 12 month high of $110.85.

BOK Financial (NASDAQ:BOKFGet Rating) last announced its quarterly earnings data on Wednesday, January 25th. The bank reported $2.51 EPS for the quarter, beating the consensus estimate of $2.29 by $0.22. The business had revenue of $352.63 million during the quarter, compared to analyst estimates of $506.00 million. BOK Financial had a return on equity of 11.06% and a net margin of 25.56%. The company’s revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 earnings per share. On average, equities analysts forecast that BOK Financial Co. will post 9.37 earnings per share for the current fiscal year.

BOK Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 28th. Shareholders of record on Tuesday, February 14th will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 2.08%. The ex-dividend date is Monday, February 13th. BOK Financial’s dividend payout ratio is currently 28.05%.

BOK Financial Company Profile

(Get Rating)

BOK Financial Corp. is a holding company, which engages in the provision of financial solutions. It operates through the following segments: Commercial Banking, Consumer Banking, Wealth Management, and Funds Management. The Commercial Banking segment includes lending, treasury, and cash management services, as well as customer commodity risk management products for small businesses, middle market, and larger commercial customers.

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Institutional Ownership by Quarter for BOK Financial (NASDAQ:BOKF)

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