Semanteon Capital Management LP Invests $418,000 in BOK Financial Co. (NASDAQ:BOKF)

Semanteon Capital Management LP acquired a new stake in BOK Financial Co. (NASDAQ:BOKF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,880 shares of the bank’s stock, valued at approximately $418,000.

A number of other large investors have also added to or reduced their stakes in BOKF. SG Americas Securities LLC bought a new position in BOK Financial in the 3rd quarter valued at approximately $347,000. GHP Investment Advisors Inc. bought a new position in BOK Financial in the 3rd quarter valued at approximately $65,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in BOK Financial by 18.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,788 shares of the bank’s stock valued at $383,000 after buying an additional 759 shares during the last quarter. Cambiar Investors LLC raised its holdings in BOK Financial by 1.7% in the 3rd quarter. Cambiar Investors LLC now owns 126,348 shares of the bank’s stock valued at $10,105,000 after buying an additional 2,166 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in BOK Financial by 24.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 28,576 shares of the bank’s stock valued at $2,286,000 after buying an additional 5,640 shares during the last quarter. Institutional investors own 34.44% of the company’s stock.

BOK Financial Trading Up 1.0 %

Shares of BOKF stock traded up $0.87 during trading hours on Friday, hitting $90.83. 164,657 shares of the company were exchanged, compared to its average volume of 162,650. The company has a 50 day simple moving average of $87.55 and a two-hundred day simple moving average of $81.51. BOK Financial Co. has a fifty-two week low of $62.42 and a fifty-two week high of $93.51. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $5.87 billion, a P/E ratio of 13.24 and a beta of 1.21.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings results on Wednesday, April 24th. The bank reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.19. BOK Financial had a net margin of 13.93% and a return on equity of 10.62%. The business had revenue of $806.91 million during the quarter, compared to the consensus estimate of $473.70 million. During the same quarter last year, the firm posted $2.43 EPS. Equities analysts anticipate that BOK Financial Co. will post 7.43 EPS for the current year.

BOK Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.42%. The ex-dividend date of this dividend was Tuesday, February 13th. BOK Financial’s payout ratio is currently 32.07%.

Insider Activity at BOK Financial

In related news, Director Steven Bangert sold 3,000 shares of BOK Financial stock in a transaction on Monday, February 5th. The shares were sold at an average price of $81.59, for a total value of $244,770.00. Following the completion of the sale, the director now owns 50,985 shares of the company’s stock, valued at approximately $4,159,866.15. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 56.94% of the stock is currently owned by insiders.

Analysts Set New Price Targets

BOKF has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their target price on shares of BOK Financial from $80.00 to $95.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 10th. Citigroup increased their target price on shares of BOK Financial from $90.00 to $92.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. DA Davidson increased their target price on shares of BOK Financial from $90.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday. Hovde Group increased their target price on shares of BOK Financial from $96.00 to $97.00 and gave the company a “market perform” rating in a research report on Thursday. Finally, StockNews.com downgraded shares of BOK Financial from a “hold” rating to a “sell” rating in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $97.10.

BOK Financial Company Profile

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.