4,321 Shares in Bank of the Ozarks (OZRK) Acquired by Opus Capital Group LLC

Opus Capital Group LLC acquired a new position in shares of Bank of the Ozarks (NASDAQ:OZRK) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,321 shares of the financial services provider’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Exane Derivatives acquired a new position in Bank of the Ozarks during the second quarter worth approximately $119,000. Glen Harbor Capital Management LLC boosted its position in Bank of the Ozarks by 9.3% in the first quarter. Glen Harbor Capital Management LLC now owns 2,624 shares of the financial services provider’s stock worth $137,000 after buying an additional 224 shares in the last quarter. V Wealth Management LLC acquired a new position in Bank of the Ozarks during the second quarter worth approximately $174,000. Tyers Asset Management LLC boosted its position in Bank of the Ozarks by 9.3% in the first quarter. Tyers Asset Management LLC now owns 3,608 shares of the financial services provider’s stock worth $188,000 after buying an additional 308 shares in the last quarter. Finally, EFG Asset Management Americas Corp. acquired a new position in Bank of the Ozarks during the first quarter worth approximately $206,000. Hedge funds and other institutional investors own 86.49% of the company’s stock.

Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 41.33 on Monday. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 14.53 and a beta of 1.52. Bank of the Ozarks has a 12 month low of $35.53 and a 12 month high of $56.86. The firm has a 50-day moving average price of $45.35 and a 200-day moving average price of $48.98.

Bank of the Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.73. The company had revenue of $237.30 million for the quarter, compared to analyst estimates of $232.85 million. Bank of the Ozarks had a net margin of 46.15% and a return on equity of 11.75%. Bank of the Ozarks’s revenue for the quarter was up 64.8% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. Equities analysts expect that Bank of the Ozarks will post $2.97 EPS for the current fiscal year.

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A number of research analysts recently commented on the company. Stephens set a $64.00 price objective on Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, June 22nd. BidaskClub upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Morgan Stanley assumed coverage on Bank of the Ozarks in a report on Wednesday, August 2nd. They issued an “overweight” rating and a $54.00 price objective on the stock. Brean Capital reiterated a “buy” rating and issued a $59.00 price objective on shares of Bank of the Ozarks in a report on Friday, July 14th. Finally, Keefe, Bruyette & Woods set a $56.00 target price on Bank of the Ozarks and gave the company a “buy” rating in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. Bank of the Ozarks presently has a consensus rating of “Buy” and a consensus target price of $52.11.

About Bank of the Ozarks

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

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