Is there a Bearish outlook for Bank of the Ozarks (NASDAQ:OZRK) this week?

Lester Mason
January 13, 2018

Axa decreased its stake in Bank Of The Ozarks (OZRK) by 15.4% based on its latest 2017Q3 regulatory filing with the SEC. Kayne Anderson Rudnick Investment Management LLC now owns 974,224 shares of the financial services provider's stock valued at $46,812,000 after buying an additional 561,118 shares in the last quarter. Bank Of The Ozarks has a one year low of $40.15 and a one year high of $56.86.

Shares of Bank Of The Ozarks (NASDAQ OZRK) traded down $0.03 during trading hours on Friday, hitting $52.47. About 1.48 million shares traded or 50.55% up from the average. (NYSE:NYCB) has declined 13.57% since January 11, 2017 and is downtrending. It has outperformed by 10.07% the S&P500. Pepsico Inc now has $166.93 billion valuation. The stock increased 0.07% or $0.02 during the last trading session, reaching $27.51. Equinix, Inc. (EQIX) has risen 24.40% since January 10, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Bank of the Ozarks (NASDAQ:OZRK) opened at 56.25 on Friday. They expect $0.75 EPS, up 4.17% or $0.03 from last year's $0.72 per share. OZRK's profit will be $96.89M for 17.50 P/E if the $0.75 EPS becomes a reality. The financial services provider reported $0.75 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.74 by $0.01.

Tygh Capital Management Inc, which manages about $521.11M and $500.47M US Long portfolio, upped its stake in Microsemi Corp (NASDAQ:MSCC) by 9,826 shares to 142,082 shares, valued at $7.31 million in 2017Q3, according to the filing. It also reduced its holding in Alphabet Inc by 352 shares in the quarter, leaving it with 8,189 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT). American Woodmark Corporation (NASDAQ:AMWD) was raised too.

Investors sentiment decreased to 1.08 in 2017 Q3. This represents a $0.76 annualized dividend and a dividend yield of 1.45%.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Strs Ohio accumulated 0.02% or 110,000 shares. Commonwealth Bancorporation Of reported 481 shares or 0% of all its holdings. Randolph Communication invested 1.55% in Bank of the Ozarks (NASDAQ:OZRK). After $0.75 actual EPS reported by Bank of the Ozarks for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (NASDAQ:PEP). Clearbridge Ltd Company holds 0.34% or 3.16M shares in its portfolio.

ILLEGAL ACTIVITY WARNING: "Bank Of The Ozarks (OZRK) Rating Increased to Buy at Zacks Investment Research" was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. Phocas Financial holds 8,350 shares or 0% of its portfolio. Also, Director John Crawford Carter sold 1,125 shares of the company's stock in a transaction that occurred on Tuesday, November 8th. Therefore 23% are positive. Bank of the Ozarks had 31 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has "Sell" rating given on Wednesday, August 16 by Piper Jaffray. They set an "overweight" rating and a $60.00 price objective on the stock. The rating was reinitiated by PiperJaffray with "Overweight" on Thursday, October 5. BB&T Corporation initiated coverage on shares of Bank of the Ozarks in a research note on Thursday, December 1st. (NYSE:M) on Friday, October 20 with "Hold" rating. The firm has "Buy" rating given on Wednesday, July 12 by Stephens. The firm has "Buy" rating given on Monday, October 30 by Citigroup. Finally, Raymond James Financial decreased their price target on shares of Bank Of The Ozarks from $59.00 to $57.00 and set an outperform rating for the company in a research note on Thursday, October 12th. Brean Capital maintained the stock with "Buy" rating in Monday, October 30 report. The rating was maintained by Keefe Bruyette & Woods on Monday, September 11 with "Buy".

Investors sentiment decreased to 0.78 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2. It fall, as 32 investors sold MDCO shares while 64 reduced holdings. 106 funds opened positions while 593 raised stakes. Susquehanna Group Inc Llp owns 137,080 shares or 0.01% of their United States portfolio. Pointstate Ltd Partnership has invested 0.53% in The Medicines Company (NASDAQ:MDCO). Geode Capital Lc holds 0.02% or 1.06 million shares in its portfolio. Venbio Select Advisor Llc invested in 1.72 million shares. Staley Cap Advisers Inc accumulated 13,079 shares. Teachers Retirement System Of The State Of Kentucky reported 160,955 shares. Moreover, Ww Asset Management has 0.01% invested in Bank of the Ozarks (NASDAQ:OZRK). Moreover, Parametric Portfolio Ltd Llc has 0.38% invested in Celgene Corporation (NASDAQ:CELG).

Real Estate Management Services Llc holds 5% of its portfolio in HCP, Inc. for 872,600 shares. Cullen Frost Bankers owns 209,537 shares. University Of Notre Dame Du Lac reported 192,551 shares stake. Cap Fund Mgmt reported 48,443 shares stake. Stoneridge Partners Lc has invested 0.06% of its portfolio in Bank of the Ozarks (NASDAQ:OZRK). Credit Agricole S A invested in 0% or 18,612 shares.

Among 10 analysts covering The Medicines Co (NASDAQ:MDCO), 9 have Buy rating, 0 Sell and 1 Hold. The rating was upgraded by BTIG Research on Monday, August 14 to "Buy". RBC Capital Markets maintained The Medicines Company (NASDAQ:MDCO) on Monday, November 16 with "Outperform" rating. As per Friday, June 24, the company rating was maintained by Keefe Bruyette & Woods. The company was maintained on Thursday, December 14 by Morgan Stanley. Barclays Capital has "Overweight" rating and $139.0 target. Cowen & Co maintained it with "Market Perform" rating and $42 target in Thursday, November 12 report. As per Wednesday, January 3, the company rating was maintained by SunTrust. Jefferies maintained The Medicines Company (NASDAQ:MDCO) on Wednesday, August 2 with "Buy" rating.

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