Rating Coverage: Brean Capital Will Now Analyze Bank of the Ozarks (NASDAQ:OZRK)

November 30, 2016 - By Richard Conner

Rating Coverage: Brean Capital Will Now Analyze Bank of the Ozarks (NASDAQ:OZRK)

How Brean Capital Rates Bank of the Ozarks (NASDAQ:OZRK)

In a research note issued to clients and investors today, Brean Capital analysts started Bank of the Ozarks (NASDAQ:OZRK) coverage with Buy rating.

Bank Of The Ozarks Inc (NASDAQ:OZRK) Ratings Coverage

Out of 6 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $55 is the highest target while $46 is the lowest. The $47.33 average target is -2.01% below today’s ($48.3) stock price. Bank of the Ozarks has been the topic of 9 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Keefe Bruyette & Woods maintained the shares of OZRK in a report on Friday, June 24 with “Outperform” rating. Merion Capital Group upgraded the shares of OZRK in a report on Thursday, December 24 to “Outperform” rating. Wood upgraded it to “Outperform” rating and $48 target price in Monday, May 16 report. The stock has “Outperform” rating given by Wood on Friday, June 24. The stock of Bank Of The Ozarks Inc (NASDAQ:OZRK) has “Overweight” rating given on Friday, May 6 by Piper Jaffray. Sandler O’Neill upgraded Bank Of The Ozarks Inc (NASDAQ:OZRK) on Wednesday, August 26 to “Hold” rating. The firm has “Outperform” rating given on Tuesday, August 25 by Raymond James. The stock of Bank Of The Ozarks Inc (NASDAQ:OZRK) has “Outperform” rating given on Monday, May 16 by Keefe Bruyette & Woods.

About 204,673 shares traded hands. Bank Of The Ozarks Inc (NASDAQ: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 $84.19 million for 17.76 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 2016 Q2. Its up 0.95, from 1.25 in 2016Q1. The ratio improved, 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.

Suntrust Banks Inc accumulated 20,762 shares or 0% of the stock. Fortaleza Asset Management Inc accumulated 1,540 shares or 0.05% of the stock. Teacher Retirement System Of Texas has 0% invested in the company for 12,091 shares. First Midwest Bank Trust Division has 40,414 shares for 0.19% of their US portfolio. Skylands Capital Limited Liability Corp has 0.13% invested in the company for 20,400 shares. Arrowpoint Asset Mngmt Lc last reported 0.5% of its portfolio in the stock. Blackrock Fund Advisors has 4.27M shares for 0.04% of their US portfolio. Citigroup Inc reported 54,509 shares or 0% of all its holdings. Moreover, Renaissance Tech Ltd Liability Co has 0.02% invested in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 250,973 shares. Moreover, Oppenheimer Inc has 0.02% invested in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 21,941 shares. First Personal Services holds 0% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 33 shares. Bkd Wealth Advisors Lc last reported 0.04% of its portfolio in the stock. The Germany-based Deutsche Comml Bank Ag has invested 0.01% in Bank Of The Ozarks Inc (NASDAQ:OZRK). National Bank Of Montreal Can holds 0% of its portfolio in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 3,677 shares. Moreover, Henderson Group Inc Public Limited Co has 0.31% invested in Bank Of The Ozarks Inc (NASDAQ:OZRK) for 990,675 shares.

Insider Transactions: Since May 31, 2016, the stock had 6 insider buys, and 7 selling transactions for $1.59 million net activity. Hicks Timothy D sold 3,000 shares worth $140,519. 525 shares were bought by Mullen Walter J III, worth $20,000. $93,610 worth of Bank Of The Ozarks Inc (NASDAQ:OZRK) was sold by Carter John Crawford on Thursday, November 10. $419 worth of Bank Of The Ozarks Inc (NASDAQ:OZRK) shares were bought by Junker Jennifer R. Another trade for 7,600 shares valued at $313,430 was made by RUSSELL R DARREL on Thursday, November 10. James Dennis R sold $120,934 worth of Bank Of The Ozarks Inc (NASDAQ:OZRK) on Thursday, November 17. 3,000 shares were sold by HASTINGS JAY SCOTT, worth $111,092.

Bank of the Ozarks, Inc. is a bank holding company. The company has a market cap of $5.98 billion. The Firm owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks . It has a 20.1 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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