BOK Financial (BOKF) is Initiated by Hovde Group to Market Perform, Price Target at $65

BOK Financial (BOKF) is Initiated by Hovde Group to Market Perform according to the research report released to the investors. The brokerage firm has set the Price Target of the shares at $65. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

BOK Financial Corporation has dropped 5.17% during the last 3-month period . Year-to-Date the stock performance stands at 2.19%.

BOK Financial Corporation (NASDAQ:BOKF) has lost 2.03% during the past week and dropped 12.56% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 1.21%. BOK Financial Corporation (NASDAQ:BOKF) has underperformed the index by 10.52% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Shares of BOK Financial Corporation (NASDAQ:BOKF) ended Thursday session in red amid volatile trading. The shares closed down 0.61 points or 1.01% at $59.79 with 361,204 shares getting traded. Post opening the session at $59.91, the shares hit an intraday low of $59.41 and an intraday high of $60.28 and the price vacillated in this range throughout the day. The company has a market cap of $4,049 million and the number of outstanding shares have been calculated to be 67,713,031 shares. The 52-week high of BOK Financial Corporation (NASDAQ:BOKF) is $75.18 and the 52-week low is $53.01.

Currently the company Insiders own 58.9% of BOK Financial Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.56% . Institutional Investors own 37.99% of BOK Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.56%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Grauer Scott, officer (EVP – Wealth Management) of Bok Financial Corp Et Al, unloaded 850 shares at an average price of $71.6 on November 5, 2015. The total amount of the transaction was worth $60,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BOK Financial Corporation, is a financial holding company. BOK Financial offers service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. BOKF, NA (the Bank) is a wholly owned subsidiary bank of BOK Financial. Operating divisions of the Bank include Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. Other wholly owned subsidiaries of BOK Financial include BOSC, Inc., a broker/dealer that engages in retail and institutional securities sales and municipal bond underwriting. BOK Financial operates three principal lines of business: commercial banking, consumer banking and wealth management. BOK Financial, through its subsidiaries, provides a wide range of financial services. In March 2014, BOK Financial Corp completed the acquisition of Topeka, Kansas-based GTRUST Financial Corporation by its bank subsidiary, BOKF, NA.