Economy

Bank of the Ozarks (OZRK) Receives "Overweight" Rating from Piper Jaffray Companies

Vanguard Group Inc. grew its position in shares of Bank of the Ozarks by 8.6% during the second quarter. The Company provides a range of retail and commercial banking services. The stock decreased 1.12% or $0.51 on October 13, reaching $45.19. About 457,927 shares traded. Gradient Invs Ltd Liability Company has invested 0.01% in Bank Of The Ozarks Inc (NASDAQ:OZRK). It has outperformed by 10.07% the S&P500.

Paradigm Asset Management Co Llc decreased Bank Of The Ozarks (OZRK) stake by 38.54% reported in 2017Q2 SEC filing.

In other Bank Of The Ozarks news, Director Walter J. Mullen III sold 505 shares of the business's stock in a transaction that occurred on Monday, April 24th. Finally, Zacks Investment Research lowered shares of Bank Of The Ozarks from a "buy" rating to a "hold" rating in a research note on Thursday, April 13th. Activision Blizzard Inc now has $46.11 billion valuation.

The stock increased 0.25% or $0.09 on October 13, reaching $36.03.

Company shares are trading at $45.19 which is marginally higher than the 50 day moving average of $44.90 and which is just a bit below the 200 day moving average of $46.28. Bank Of The Ozarks Inc (NASDAQ:OZRK) has risen 26.77% since October 14, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.

SunTrust Banks also issued estimates for Bank of the Ozarks' Q4 2017 earnings at $0.76 EPS, FY2017 earnings at $2.97 EPS, Q1 2018 earnings at $0.76 EPS, Q2 2018 earnings at $0.80 EPS, Q3 2018 earnings at $0.84 EPS, FY2018 earnings at $3.27 EPS, Q1 2019 earnings at $0.87 EPS, Q2 2019 earnings at $0.94 EPS, Q3 2019 earnings at $0.99 EPS and FY2019 earnings at $3.84 EPS. Its up 0.24, from 0.91 in 2017Q1. 19,737 shares were sold by Thomas Dan, worth $935,023. Agf reported 344,163 shares. Jaffetilchin Ptnrs Limited has 9,584 shares. Virginia Retirement Et Al holds 35,800 shares. Macquarie Gru Ltd, Australia-based fund reported 773,800 shares. (NYSE:CBL) for 2.33M shares. Hancock Holding invested in 10,870 shares or 0% of the stock. (NASDAQ:ATVI) or 17,845 shares. State Board Of Administration Of Florida Retirement Sys accumulated 87,658 shares. Third Security Ltd Company invested 0.03% in OvaScience Inc (NASDAQ:OVAS). Eqis Capital Management, Inc. claims 10,884 shares worth $523,000. Barclays Public Limited Company invested 0% of its portfolio in OvaScience Inc (NASDAQ:OVAS). (NASDAQ:ATVI). Conatus Capital Mgmt Lp reported 2.98% stake. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company's stock. Therefore 80% are positive. Brean Capital reissued a buy rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. As per Wednesday, July 5, the company rating was maintained by Keefe Bruyette & Woods. The stock of Activision Blizzard, Inc. The rating was upgraded by Sandler O'Neill on Wednesday, August 26 to "Hold". Stephens has "Buy" rating and $6400 target. Mizuho maintained Activision Blizzard, Inc. The stock has "Overweight" rating by PiperJaffray on Thursday, October 5. Brean Capital has "Buy" rating and $5900 target. The rating was maintained by Stephens on Friday, July 28 with "Hold". The company was maintained on Monday, September 11 by Keefe Bruyette & Woods. It also increased its holding in Pacific Premier Bancorp (NASDAQ:PPBI) by 122,449 shares in the quarter, for a total of 816,241 shares, and has risen its stake in Sterling Bancorp (NYSE:STL). Synchrony Financial (NYSE:SYF) was raised too.

Since May 17, 2017, it had 2 insider buys, and 0 insider sales for $37,404 activity. (NASDAQ:ATVI) was sold by ZACCONI RICCARDO.

Since May 2, 2017, it had 0 insider buys, and 2 selling transactions for $982,584 activity. This represents a $0.74 annualized dividend and a dividend yield of 1.64%. It is positive, as 37 investors sold OZRK shares while 93 reduced holdings.

Hedge funds have recently added to or reduced their stakes in the company. 106.85 million shares or 1.30% more from 105.48 million shares in 2017Q1 were reported.

Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Wednesday, October 11th. Forte Capital LLC /adv now holds 56,317 shares worth $2,706,000.

WARNING: "Bank of the Ozarks (OZRK) Receives "Overweight" Rating from Piper Jaffray Companies" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. During the same quarter previous year, the company earned $0.66 earnings per share. Oppenheimer Asset Mgmt reported 5,696 shares. First Midwest Retail Bank Tru Division owns 33,502 shares or 0.19% of their U.S. portfolio. Hermes Inv Mngmt holds 0.67% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 870,938 shares. Venbio Select Advisor Limited Liability Co has invested 0.06% of its portfolio in OvaScience Inc (NASDAQ:OVAS). Canandaigua Bancorp And reported 5,085 shares. Baystate Wealth Llc invested in 1,158 shares or 0% of the stock. Colony Grp Incorporated Limited Liability Corporation holds 41,399 shares or 0.14% of its portfolio. Patten Group holds 212 shares.

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