As Bok Finl Corp Com New (BOKF) Valuation Rose, Shareholder Reinhart Partners INC Trimmed Its Stake by $5.12 Million

September 16, 2018 - By Mark Mitchell

BOK Financial Corporation (NASDAQ:BOKF) LogoInvestors sentiment increased to 1.86 in 2018 Q2. Its up 0.60, from 1.26 in 2018Q1. It is positive, as 6 investors sold BOKF shares while 44 reduced holdings. 38 funds opened positions while 55 raised stakes. 21.87 million shares or 3.15% more from 21.20 million shares in 2018Q1 were reported. The British Columbia – Canada-based Numerixs Techs Inc has invested 0.02% in BOK Financial Corporation (NASDAQ:BOKF). Morgan Stanley has invested 0% in BOK Financial Corporation (NASDAQ:BOKF). Stifel stated it has 0% of its portfolio in BOK Financial Corporation (NASDAQ:BOKF). Panagora Asset Mgmt Inc invested in 0% or 2,919 shares. Moneta Group Invest Advsr Limited Liability accumulated 33 shares. Victory Capital Management Inc stated it has 0.01% of its portfolio in BOK Financial Corporation (NASDAQ:BOKF). The New Jersey-based Jacobs Levy Equity has invested 0.03% in BOK Financial Corporation (NASDAQ:BOKF). 392,895 are held by United Service Automobile Association. United Kingdom-based Barclays Public Ltd Com has invested 0% in BOK Financial Corporation (NASDAQ:BOKF). Reinhart Prtn invested in 2.15% or 238,176 shares. California Employees Retirement accumulated 59,054 shares. Vanguard Group reported 0.01% in BOK Financial Corporation (NASDAQ:BOKF). Stieven Capital Advisors Lp reported 192,800 shares stake. Campbell And Co Investment Adviser Limited Liability Co, a Maryland-based fund reported 4,311 shares. Raymond James Services Advsrs Inc reported 5,307 shares.

Since March 26, 2018, it had 1 insider buy, and 7 insider sales for $3.07 million activity. $49,162 worth of BOK Financial Corporation (NASDAQ:BOKF) shares were sold by BALL C FRED JR. On Friday, May 25 the insider Piper Patrick E. sold $3,914. $198,723 worth of BOK Financial Corporation (NASDAQ:BOKF) was bought by Gottron Joseph A. II on Friday, June 29. On Wednesday, March 28 the insider NELL STEVEN E sold $786,039.

Reinhart Partners Inc decreased its stake in Bok Finl Corp Com New (BOKF) by 18.6% based on its latest 2018Q2 regulatory filing with the SEC. Reinhart Partners Inc sold 54,422 shares as the company’s stock rose 0.24% with the market. The institutional investor held 238,176 shares of the major banks company at the end of 2018Q2, valued at $22.39M, down from 292,598 at the end of the previous reported quarter. Reinhart Partners Inc who had been investing in Bok Finl Corp Com New for a number of months, seems to be less bullish one the $6.76B market cap company. The stock increased 0.24% or $0.25 during the last trading session, reaching $103.31. About 156,122 shares traded. BOK Financial Corporation (NASDAQ:BOKF) has risen 24.86% since September 16, 2017 and is uptrending. It has outperformed by 9.24% the S&P500.

Reinhart Partners Inc, which manages about $4.85 billion and $1.04 billion US Long portfolio, upped its stake in Aramark (NYSE:ARMK) by 171,633 shares to 495,060 shares, valued at $18.37 million in 2018Q2, according to the filing. It also increased its holding in Axalta Coating Sys Ltd Com by 229,682 shares in the quarter, for a total of 523,960 shares, and has risen its stake in Invesco Ltd (NYSE:IVZ).

Analysts await BOK Financial Corporation (NASDAQ:BOKF) to report earnings on October, 24. They expect $1.76 EPS, up 34.35 % or $0.45 from last year’s $1.31 per share. BOKF’s profit will be $115.16M for 14.67 P/E if the $1.76 EPS becomes a reality. After $1.75 actual EPS reported by BOK Financial Corporation for the previous quarter, Wall Street now forecasts 0.57 % EPS growth.

More news for BOK Financial Corporation (NASDAQ:BOKF) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Preferred Bank, Cedar Fair, BOK Financial, Floor & Decor, TC PipeLines, LP …” on September 04, 2018. Globenewswire.com‘s article titled: “BOK Financial receives regulatory approval for CoBiz acquisition” and published on August 23, 2018 is yet another important article.

BOK Financial Corporation (NASDAQ:BOKF) Ratings Coverage

Among 7 analysts covering BOK Financial (NASDAQ:BOKF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. BOK Financial had 12 analyst reports since March 19, 2018 according to SRatingsIntel. The stock of BOK Financial Corporation (NASDAQ:BOKF) has “Neutral” rating given on Monday, March 19 by Wedbush. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, April 25. The company was maintained on Friday, April 27 by Morgan Stanley. On Thursday, June 28 the stock rating was upgraded by Wedbush to “Outperform”. As per Thursday, April 26, the company rating was maintained by Wedbush. Morgan Stanley maintained it with “Equal-Weight” rating and $108 target in Tuesday, June 19 report. The stock of BOK Financial Corporation (NASDAQ:BOKF) has “Overweight” rating given on Tuesday, June 19 by PiperJaffray. The company was upgraded on Wednesday, August 15 by Raymond James. The stock of BOK Financial Corporation (NASDAQ:BOKF) earned “Neutral” rating by DA Davidson on Thursday, April 26. As per Tuesday, June 19, the company rating was maintained by Wedbush.

BOK Financial Corporation (NASDAQ:BOKF) Ratings Chart

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