BARING ASSET MANAGEMENT Ltd lowered its holdings in shares of Bank of the Ozarks (NASDAQ:OZRK) by 26.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,366 shares of the financial services provider’s stock after selling 11,018 shares during the period. BARING ASSET MANAGEMENT Ltd’s holdings in Bank of the Ozarks were worth $1,459,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Monroe Bank & Trust MI boosted its stake in Bank of the Ozarks by 0.3% during the 2nd quarter. Monroe Bank & Trust MI now owns 12,437 shares of the financial services provider’s stock worth $583,000 after purchasing an additional 32 shares during the period. BRYN MAWR TRUST Co boosted its stake in Bank of the Ozarks by 1.0% during the 2nd quarter. BRYN MAWR TRUST Co now owns 7,764 shares of the financial services provider’s stock worth $364,000 after purchasing an additional 75 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Bank of the Ozarks by 1.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,778 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 92 shares during the period. Bellwether Investment Group LLC boosted its stake in Bank of the Ozarks by 2.3% during the 2nd quarter. Bellwether Investment Group LLC now owns 5,280 shares of the financial services provider’s stock worth $247,000 after purchasing an additional 118 shares during the period. Finally, Alps Advisors Inc. boosted its stake in Bank of the Ozarks by 1.4% during the 2nd quarter. Alps Advisors Inc. now owns 9,537 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 129 shares during the period. Hedge funds and other institutional investors own 86.20% of the company’s stock.

OZRK has been the subject of a number of recent research reports. Piper Jaffray Companies reiterated an “overweight” rating and set a $55.00 price target on shares of Bank of the Ozarks in a research note on Thursday, October 5th. Zacks Investment Research upgraded shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Monday, August 28th. Brean Capital reiterated a “buy” rating on shares of Bank of the Ozarks in a research note on Monday, October 23rd. ValuEngine cut shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, BidaskClub upgraded shares of Bank of the Ozarks from a “strong sell” rating to a “sell” rating in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $54.13.

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Bank of the Ozarks (OZRK) traded down 0.15% during mid-day trading on Tuesday, hitting $46.43. 75,656 shares of the stock traded hands. The stock has a 50-day moving average of $46.13 and a 200 day moving average of $45.92. Bank of the Ozarks has a 1-year low of $35.53 and a 1-year high of $56.86. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 15.83 and a beta of 1.53.

Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.01. The business had revenue of $242.47 million during the quarter, compared to the consensus estimate of $243.67 million. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. During the same quarter in the prior year, the company posted $0.66 earnings per share. On average, equities analysts expect that Bank of the Ozarks will post $2.96 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, October 13th were issued a $0.185 dividend. The ex-dividend date was Thursday, October 12th. This represents a $0.74 annualized dividend and a yield of 1.59%. This is an increase from Bank of the Ozarks’s previous quarterly dividend of $0.18. Bank of the Ozarks’s dividend payout ratio is presently 25.26%.

Bank of the Ozarks Company Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

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Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

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