New York State Common Retirement Fund cut its stake in shares of BOK Financial Corporation (NASDAQ:BOKF) by 22.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,300 shares of the bank’s stock after selling 16,738 shares during the quarter. New York State Common Retirement Fund owned 0.09% of BOK Financial worth $5,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Schwab Charles Investment Management Inc. lifted its holdings in BOK Financial by 10.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 104,076 shares of the bank’s stock worth $8,756,000 after buying an additional 9,757 shares during the period. Bank of New York Mellon Corp lifted its holdings in BOK Financial by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 183,362 shares of the bank’s stock worth $15,427,000 after buying an additional 8,015 shares during the period. Legal & General Group Plc lifted its holdings in BOK Financial by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 8,819 shares of the bank’s stock worth $742,000 after buying an additional 129 shares during the period. Marshall Wace North America L.P. lifted its holdings in BOK Financial by 55.2% in the 2nd quarter. Marshall Wace North America L.P. now owns 10,174 shares of the bank’s stock worth $854,000 after buying an additional 3,619 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its position in shares of BOK Financial by 8.9% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 33,137 shares of the bank’s stock worth $2,788,000 after acquiring an additional 2,700 shares in the last quarter. Institutional investors own 31.56% of the company’s stock.

Several research analysts have recently issued reports on BOKF shares. Piper Jaffray Companies reissued a “hold” rating and issued a $89.00 target price on shares of BOK Financial in a research report on Thursday, October 19th. Zacks Investment Research lowered BOK Financial from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. ValuEngine lowered BOK Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Morgan Stanley reissued an “equal weight” rating and issued a $86.00 target price (up previously from $85.00) on shares of BOK Financial in a research report on Wednesday, October 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $90.00 price objective on shares of BOK Financial in a research report on Tuesday, August 29th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. BOK Financial currently has a consensus rating of “Hold” and a consensus price target of $92.13.

BOK Financial Corporation (BOKF) opened at $92.91 on Tuesday. BOK Financial Corporation has a 52-week low of $73.44 and a 52-week high of $93.97. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.90 and a current ratio of 0.91. The firm has a market capitalization of $6,080.00, a P/E ratio of 19.48, a P/E/G ratio of 2.18 and a beta of 1.00.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings data on Wednesday, October 25th. The bank reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.05). BOK Financial had a net margin of 19.31% and a return on equity of 9.15%. The company had revenue of $394.16 million for the quarter, compared to the consensus estimate of $392.05 million. During the same period last year, the business earned $1.13 EPS. equities analysts forecast that BOK Financial Corporation will post 5.36 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 27th. Shareholders of record on Monday, November 13th were issued a $0.45 dividend. This is a positive change from BOK Financial’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, November 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.94%. BOK Financial’s dividend payout ratio (DPR) is presently 37.74%.

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BOK Financial Company Profile

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

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

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