Bank of the Ozarks (OZRK) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in Bank of the Ozarks (NASDAQ:OZRK) by 34.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 255,782 shares of the financial services provider’s stock after buying an additional 65,053 shares during the quarter. Russell Investments Group Ltd. owned 0.20% of Bank of the Ozarks worth $12,290,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in OZRK. BB&T Investment Services Inc. acquired a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $190,000. Opus Capital Group LLC acquired a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $203,000. Cigna Investments Inc. New bought a new stake in shares of Bank of the Ozarks in the second quarter worth $221,000. Edge Wealth Management LLC bought a new stake in shares of Bank of the Ozarks in the second quarter worth $235,000. Finally, First Allied Advisory Services Inc. bought a new stake in shares of Bank of the Ozarks in the second quarter worth $237,000. Institutional investors own 85.11% of the company’s stock.

Shares of Bank of the Ozarks (OZRK) opened at $47.67 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.93 and a debt-to-equity ratio of 0.07. The company has a market cap of $6,158.15, a price-to-earnings ratio of 16.27, a PEG ratio of 1.35 and a beta of 1.49. Bank of the Ozarks has a 1 year low of $40.15 and a 1 year high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The business had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. During the same quarter in the previous year, the firm posted $0.66 earnings per share. research analysts forecast that Bank of the Ozarks will post 2.95 EPS for the current year.

A number of analysts have recently commented on OZRK shares. Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Monday, August 28th. Brean Capital reissued a “buy” rating on shares of Bank of the Ozarks in a research report on Monday, October 30th. Piper Jaffray Companies reissued an “overweight” rating and issued a $55.00 price objective on shares of Bank of the Ozarks in a research report on Thursday, October 5th. SunTrust Banks reissued a “hold” rating and issued a $50.00 price objective on shares of Bank of the Ozarks in a research report on Thursday, October 12th. Finally, ValuEngine lowered shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $54.14.

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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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Institutional Ownership by Quarter for Bank of the Ozarks (NASDAQ:OZRK)

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