Market Rating: Is Bank of the Ozarks (OZRK) a Buy or a Sell? Learn What Brean Capital Thinks

November 30, 2016 - By Peter Kolinski

Market Rating: Is Bank of the Ozarks (OZRK) a Buy or a Sell? Learn What Brean Capital Thinks

How Brean Capital Rates Bank of the Ozarks (OZRK)

Investment firm Brean Capital has initiated coverage on Bank of the Ozarks (OZRK)‘s stock, rating it “Buy”. This was sent to clients and investors in a research note on Wednesday morning.

About 314,494 shares traded hands. Bank Of The Ozarks Inc (OZRK) has risen 8.37% since April 27, 2016 and is uptrending. It has outperformed by 3.15% the S&P500.

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 $84.29 million for 17.71 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.

Insitutional Activity: The institutional sentiment increased to 2.2 in Q2 2016. Its up 0.95, from 1.25 in 2016Q1. The ratio is positive, 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.

Employees Retirement System Of Texas last reported 87,000 shares in the company. Ny State Teachers Retirement System holds 0.01% or 104,814 shares in its portfolio. Moreover, Blackrock has 0% invested in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 33,960 shares. Los Angeles Mgmt Equity Research holds 0.01% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 26,810 shares. Arizona State Retirement Sys holds 36,353 shares or 0.02% of its portfolio. New Jersey Better Educational Savings Trust reported 11,000 shares or 0.28% of all its holdings. The Colorado-based Employees Retirement Association Of Colorado has invested 0.09% in Bank Of The Ozarks Inc (NASDAQ:OZRK). Comerica Bank has 56,512 shares for 0.02% of their US portfolio. Commonwealth Of Pennsylvania School Empls Retrmt last reported 0.01% of its portfolio in the stock. Moreover, Capstone Asset Management has 0.01% invested in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 10,052 shares. National Bank Of The Ozarks holds 34.85% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 2.56M shares. Granahan Invest Mngmt Ma has invested 0.14% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK). Wasatch Advsr Inc accumulated 32,437 shares or 0.02% of the stock. Blackrock Limited last reported 0% of its portfolio in the stock. Texas Permanent School Fund owns 62,434 shares or 0.03% of their US portfolio.

Insider Transactions: Since May 31, 2016, the stock had 6 insider purchases, and 7 sales for $1.59 million net activity. Shares for $20,000 were bought by Mullen Walter J III on Friday, October 14. HASTINGS JAY SCOTT had sold 3,000 shares worth $111,092. Another trade for 2,200 shares valued at $93,610 was made by Carter John Crawford on Thursday, November 10. $313,430 worth of shares were sold by RUSSELL R DARREL on Thursday, November 10. 19,884 shares were sold by Freedberg Catherine B, worth $909,250. 4,100 shares were bought by CISNE RICHARD L, worth $160,476. $140,519 worth of Bank Of The Ozarks Inc (NASDAQ:OZRK) was sold by Hicks Timothy D on Monday, November 14.

Bank of the Ozarks, Inc. is a bank holding company. The company has a market cap of $5.97 billion. The Firm owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks . It has a 20.04 P/E ratio. 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.

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.”

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).

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.

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