Allspring Global Investments Holdings LLC Has $23.33 Million Stock Holdings in BOK Financial Co. (NASDAQ:BOKF)

Allspring Global Investments Holdings LLC increased its position in BOK Financial Co. (NASDAQ:BOKF) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 218,477 shares of the bank’s stock after buying an additional 379 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.34% of BOK Financial worth $23,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jacobs Levy Equity Management Inc. increased its position in BOK Financial by 28.0% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 223,745 shares of the bank’s stock valued at $23,408,000 after acquiring an additional 48,942 shares during the period. Point72 Asset Management L.P. grew its stake in shares of BOK Financial by 55.6% in the third quarter. Point72 Asset Management L.P. now owns 136,833 shares of the bank’s stock worth $14,315,000 after purchasing an additional 48,874 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in BOK Financial by 7.8% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 136,091 shares of the bank’s stock valued at $14,238,000 after purchasing an additional 9,863 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in BOK Financial by 0.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 82,609 shares of the bank’s stock worth $8,643,000 after purchasing an additional 564 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in BOK Financial by 309.8% during the 3rd quarter. Jane Street Group LLC now owns 44,561 shares of the bank’s stock worth $4,662,000 after buying an additional 33,686 shares during the period. Institutional investors and hedge funds own 34.44% of the company’s stock.

BOK Financial Price Performance

BOKF stock opened at $110.57 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.79 and a quick ratio of 0.79. The company’s 50-day moving average is $110.66 and its 200-day moving average is $108.27. The stock has a market capitalization of $7.09 billion, a PE ratio of 13.60 and a beta of 1.19. BOK Financial Co. has a 1 year low of $81.96 and a 1 year high of $121.58.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings results on Friday, January 17th. The bank reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.15. BOK Financial had a return on equity of 9.96% and a net margin of 15.32%. Equities research analysts expect that BOK Financial Co. will post 8.75 EPS for the current fiscal year.

BOK Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, February 12th. BOK Financial’s payout ratio is currently 28.04%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BOKF. StockNews.com upgraded BOK Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company raised their price target on shares of BOK Financial from $105.00 to $112.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 3rd. DA Davidson dropped their price target on shares of BOK Financial from $124.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods increased their price objective on shares of BOK Financial from $112.00 to $125.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Finally, Royal Bank of Canada boosted their target price on shares of BOK Financial from $115.00 to $120.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $116.40.

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.