The stock of Bank Of The Ozarks Inc (NASDAQ:OZRK) is a huge mover today! About 556,314 shares traded hands. Bank Of The Ozarks Inc (NASDAQ:OZRK) has risen 16.10% since April 28, 2016 and is uptrending. It has outperformed by 10.18% the S&P500.
The move comes after 7 months positive chart setup for the $6.25B company. It was reported on Dec, 1 by Barchart.com. We have $51.95 PT which if reached, will make NASDAQ:OZRK worth $250.00M more.
Analysts await Bank Of The Ozarks Inc (NASDAQ:OZRK) to report earnings on January, 12. They expect $0.68 EPS, up 19.30% or $0.11 from last year’s $0.57 per share. OZRK’s profit will be $85.09 million for 18.36 P/E if the $0.68 EPS becomes a reality. After $0.66 actual EPS reported by Bank Of The Ozarks Inc for the previous quarter, Wall Street now forecasts 3.03% EPS growth.
Bank Of The Ozarks Inc (NASDAQ:OZRK) Ratings Coverage
Out of 7 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Bank of the Ozarks has been the topic of 10 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Merion Capital Group upgraded the stock to “Outperform” rating in Thursday, December 24 report. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Monday, May 16. The firm has “Outperform” rating given on Friday, June 24 by Keefe Bruyette & Woods. The rating was upgraded by Raymond James to “Outperform” on Tuesday, August 25. The firm earned “Buy” rating on Wednesday, November 30 by Brean Capital. Wood upgraded the shares of OZRK in a report on Monday, May 16 to “Outperform” rating. The stock of Bank Of The Ozarks Inc (NASDAQ:OZRK) earned “Overweight” rating by Piper Jaffray on Friday, May 6. The rating was upgraded by Sandler O’Neill on Wednesday, August 26 to “Hold”. The firm has “Outperform” rating by Wood given on Friday, June 24.
According to Zacks Investment Research, “Bank of the Ozarks, Inc. owns a subsidiary bank, Bank of the Ozarks and Ozark Capital Trust, a business trust.”
Insitutional Activity: The institutional sentiment increased to 2.2 in Q2 2016. Its up 0.95, from 1.25 in 2016Q1. The ratio increased, as 45 funds sold all Bank Of The Ozarks Inc shares owned while 75 reduced positions. 39 funds bought stakes while 111 increased positions. They now own 81.20 million shares or 5.19% more from 77.20 million shares in 2016Q1.
Eqis Mgmt Incorporated, a California-based fund reported 11,573 shares. Jpmorgan Chase last reported 572,554 shares in the company. Wellington Mgmt Group Llp has 0.05% invested in the company for 5.26 million shares. Thrivent Financial For Lutherans owns 304,724 shares or 0.05% of their US portfolio. Stephens Ar accumulated 141,921 shares or 0.24% of the stock. Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma accumulated 0% or 1,822 shares. Blackrock Institutional Tru Communications Na accumulated 0.02% or 2.57M shares. Schafer Cullen Inc reported 10,830 shares or 0% of all its holdings. Cap Impact Ltd owns 22,022 shares or 0.39% of their US portfolio. Capstone Asset Mgmt holds 0.01% or 10,052 shares in its portfolio. Puzo Michael J holds 2.22% or 89,527 shares in its portfolio. The Pennsylvania-based Pnc Financial Gru Inc has invested 0.08% in Bank Of The Ozarks Inc (NASDAQ:OZRK). Wfg Advsr Lp has 510 shares for 0.01% of their US portfolio. Advantus Capital Management Inc has invested 0.01% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK). Retirement Systems Of Alabama last reported 105,331 shares in the company.
Insider Transactions: Since June 9, 2016, the stock had 6 buys, and 7 selling transactions for $1.59 million net activity. Mullen Walter J III had bought 530 shares worth $20,292 on Wednesday, July 20. Another trade for 3,000 shares valued at $140,519 was made by Hicks Timothy D on Monday, November 14. HASTINGS JAY SCOTT sold $111,092 worth of stock or 3,000 shares. 19,884 shares were sold by Freedberg Catherine B, worth $909,250. Carter John Crawford sold $41,681 worth of stock or 1,125 shares. The insider RUSSELL R DARREL sold $313,430. The insider James Dennis R sold 2,629 shares worth $120,934.
More news for Bank Of The Ozarks Inc (NASDAQ:OZRK) were recently published by: Businesswire.com, which released: “Bank of the Ozarks, Inc. Announces Third Quarter Earnings Release Date and …” on October 04, 2016. Bizjournals.com‘s article titled: “Bank of the Ozarks shuffles its Charlotte leaders” and published on November 09, 2016 is yet another important article.
OZRK Company Profile
Bank of the Ozarks, Inc., incorporated on June 15, 1981, is a bank holding company. The Firm owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company, through the Bank, conducts activities through approximately 257 offices, including over 80 offices in Arkansas, approximately 30 in Georgia, over 20 in North Carolina, over 20 in Texas, approximately 44 in Florida, over three in Alabama, approximately two each in South Carolina and New York and one in California. It owns Ozark Capital Statutory Trust II, Ozark Capital Statutory Trust III, Ozark Capital Statutory Trust IV and Ozark Capital Statutory Trust V (collectively, the Ozark Trusts). It owns Intervest Statutory Trust II, Intervest Statutory Trust III, Intervest Statutory Trust IV and Intervest Statutory Trust V (collectively, the Intervest Trusts, and together with the Ozark Trusts, the Trusts).
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