Bank Of The Ozarks Inc (OZRK) Position Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its stake in shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) by 21.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 882,388 shares of the financial services provider’s stock after selling 240,320 shares during the period. Dimensional Fund Advisors LP owned approximately 0.73% of Bank Of The Ozarks worth $46,405,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OZRK. Bank of New York Mellon Corp increased its position in shares of Bank Of The Ozarks by 17.3% in the third quarter. Bank of New York Mellon Corp now owns 1,212,094 shares of the financial services provider’s stock valued at $46,546,000 after buying an additional 178,335 shares during the last quarter. Stevens Capital Management LP raised its position in shares of Bank Of The Ozarks by 302.8% in the third quarter. Stevens Capital Management LP now owns 132,107 shares of the financial services provider’s stock valued at $5,073,000 after buying an additional 99,308 shares during the period. Wells Fargo & Company MN raised its position in shares of Bank Of The Ozarks by 21.7% in the third quarter. Wells Fargo & Company MN now owns 1,164,480 shares of the financial services provider’s stock valued at $44,716,000 after buying an additional 207,474 shares during the period. Prudential Financial Inc. raised its position in shares of Bank Of The Ozarks by 281.3% in the third quarter. Prudential Financial Inc. now owns 233,249 shares of the financial services provider’s stock valued at $8,957,000 after buying an additional 172,074 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its position in shares of Bank Of The Ozarks by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 36,660 shares of the financial services provider’s stock valued at $1,408,000 after buying an additional 500 shares during the period. 91.19% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Bank Of The Ozarks (NASDAQ:OZRK)

Bank Of The Ozarks Inc (NASDAQ:OZRK) opened at 53.03 on Tuesday. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 20.55 and a beta of 1.51. The company’s 50-day moving average is $55.05 and its 200 day moving average is $47.27. Bank Of The Ozarks Inc has a 12 month low of $33.51 and a 12 month high of $56.86.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Tuesday, January 17th. The financial services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $225.40 million for the quarter, compared to the consensus estimate of $215.69 million. Bank Of The Ozarks had a return on equity of 12.55% and a net margin of 35.19%. During the same period last year, the firm earned $0.57 EPS. On average, equities research analysts predict that Bank Of The Ozarks Inc will post $3.07 earnings per share for the current year.

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Several equities analysts recently commented on OZRK shares. Zacks Investment Research raised shares of Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research report on Tuesday, December 13th. BB&T Co. started coverage on shares of Bank Of The Ozarks in a research report on Thursday, December 1st. They set a “buy” rating and a $54.00 price target for the company. Finally, Brean Capital started coverage on shares of Bank Of The Ozarks in a research report on Wednesday, November 30th. They set a “buy” rating and a $54.00 price target for the company. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $50.88.

In other Bank Of The Ozarks news, Director Peter C. Kenny sold 1,544 shares of the stock in a transaction dated Thursday, February 16th. The stock was sold at an average price of $55.25, for a total transaction of $85,306.00. Following the sale, the director now directly owns 8,600 shares of the company’s stock, valued at approximately $475,150. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dennis R. James sold 4,400 shares of the stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $55.59, for a total value of $244,596.00. Following the sale, the director now directly owns 40,302 shares in the company, valued at $2,240,388.18. The disclosure for this sale can be found here. Insiders have sold a total of 19,544 shares of company stock worth $1,070,818 over the last ninety days. 8.70% of the stock is owned by insiders.

Bank Of The Ozarks Company Profile

Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company provides a range of retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts.

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