Bank Of The Ozarks (OZRK) Hold Rating Reconfirmed by Stephens; The Price Objective is Set to $52.0000; Lafitte Capital Management LP Has Upped By $791,019 Its Independence Contract Dril I (ICD) Holding

Bank of the Ozarks (NASDAQ:OZRK) Logo

Lafitte Capital Management Lp increased Independence Contract Dril I (ICD) stake by 126.94% reported in 2017Q4 SEC filing. Lafitte Capital Management Lp acquired 263,673 shares as Independence Contract Dril I (ICD)’s stock declined 2.22%. The Lafitte Capital Management Lp holds 471,394 shares with $1.88M value, up from 207,721 last quarter. Independence Contract Dril I now has $185.14 million valuation. The stock increased 1.04% or $0.05 during the last trading session, reaching $4.84. About 56,795 shares traded. Independence Contract Drilling, Inc. (NYSE:ICD) has declined 15.53% since May 15, 2017 and is downtrending. It has underperformed by 27.08% the S&P500.

They currently have a $52.0000 target price on Bank Of The Ozarks (NASDAQ:OZRK). Stephens’s target would suggest a potential upside of 7.95% from the company’s stock close price. This was disclosed in a research note on 11 May.

Analysts await Bank of the Ozarks (NASDAQ:OZRK) to report earnings on July, 11. They expect $0.90 EPS, up 23.29% or $0.17 from last year’s $0.73 per share. OZRK’s profit will be $116.27 million for 13.38 P/E if the $0.90 EPS becomes a reality. After $0.88 actual EPS reported by Bank of the Ozarks for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

Bank of the Ozarks provides various retail and commercial banking services and products. The company has market cap of $6.22 billion. The firm accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, and individual retirement accounts; and time deposits. It has a 14.38 P/E ratio. The Company’s loan products include real estate loans, such as loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; consumer loans; small business loans; indirect consumer marine and RV loans; and government guaranteed loans comprising SBA and FSA guaranteed loans.

More recent Bank of the Ozarks (NASDAQ:OZRK) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for Packaging Corporation of America, M&T Bank, Pinnacle West …” on May 14, 2018. Also Bizjournals.com published the news titled: “What’s ahead for banking M&A in Florida” on May 10, 2018. Seekingalpha.com‘s news article titled: “Buy the dip in banks – Morgan Stanley” with publication date: April 30, 2018 was also an interesting one.

The stock decreased 0.10% or $0.05 during the last trading session, reaching $48.17. About 353,260 shares traded. Bank of the Ozarks (NASDAQ:OZRK) has declined 5.72% since May 15, 2017 and is downtrending. It has underperformed by 17.27% the S&P500.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.13, from 1.08 in 2017Q3. It increased, as 17 investors sold Bank of the Ozarks shares while 109 reduced holdings. 48 funds opened positions while 104 raised stakes. 104.65 million shares or 0.47% more from 104.17 million shares in 2017Q3 were reported. Delta Asset Mgmt Ltd Llc Tn holds 0.01% or 1,264 shares. Northern stated it has 923,778 shares. Assetmark Inc owns 0% invested in Bank of the Ozarks (NASDAQ:OZRK) for 83 shares. Amundi Pioneer Asset Mgmt, Massachusetts-based fund reported 19,862 shares. Alliancebernstein L P has 69,963 shares for 0% of their portfolio. Sterling Capital Mngmt Llc stated it has 53,665 shares. 186,710 are owned by Voya Invest Mgmt Limited Liability Corp. Sg Americas Secs Limited Liability accumulated 28,269 shares. Thrivent Finance For Lutherans accumulated 279,075 shares or 0.05% of the stock. Palouse Mgmt holds 4,985 shares. Ascend Llc holds 0.09% or 49,487 shares. Randolph reported 175,625 shares. Moreover, Aperio Group Lc has 0% invested in Bank of the Ozarks (NASDAQ:OZRK). Point72 Asia (Hong Kong) Ltd stated it has 49 shares or 0% of all its holdings. Us Fincl Bank De invested in 9,926 shares or 0% of the stock.

Among 13 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Bank of the Ozarks has $65.0 highest and $45 lowest target. $53.75’s average target is 11.58% above currents $48.17 stock price. Bank of the Ozarks had 49 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Outperform” on Friday, June 24. Wood downgraded the shares of OZRK in report on Wednesday, January 17 to “Market Perform” rating. On Thursday, December 24 the stock rating was upgraded by Merion Capital Group to “Outperform”. Stephens maintained Bank of the Ozarks (NASDAQ:OZRK) on Thursday, June 22 with “Buy” rating. As per Wednesday, July 5, the company rating was maintained by Keefe Bruyette & Woods. Stephens maintained the shares of OZRK in report on Monday, April 16 with “Hold” rating. The rating was reinitiated by PiperJaffray on Thursday, October 5 with “Overweight”. On Monday, May 16 the stock rating was upgraded by Wood to “Outperform”. The company was maintained on Thursday, October 12 by Keefe Bruyette & Woods. The stock of Bank of the Ozarks (NASDAQ:OZRK) earned “Buy” rating by Brean Capital on Thursday, May 3.

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling had 28 analyst reports since August 10, 2015 according to SRatingsIntel. ValuEngine downgraded Independence Contract Drilling, Inc. (NYSE:ICD) on Monday, May 29 to “Sell” rating. The stock has “Buy” rating by RBC Capital Markets on Thursday, December 21. The stock has “Buy” rating by Zacks on Monday, August 10. The rating was maintained by FBR Capital with “Outperform” on Wednesday, February 24. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, July 20. The stock has “Outperform” rating by RBC Capital Markets on Friday, October 30. The stock has “Accumulate” rating by Tudor Pickering on Wednesday, September 9. The stock has “Buy” rating by Tudor Pickering on Tuesday, November 29. The firm has “Outperform” rating given on Friday, September 29 by RBC Capital Markets. The stock of Independence Contract Drilling, Inc. (NYSE:ICD) has “Outperform” rating given on Friday, February 19 by RBC Capital Markets.

More news for Independence Contract Drilling, Inc. (NYSE:ICD) were recently published by: Seekingalpha.com, which released: “Independence Contract Drilling’s (ICD) CEO Byron Dunn on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Streetinsider.com‘s article titled: “Independence Contract Drilling (ICD) Tops Q1 EPS by 1c, Beats on Revenues” and published on April 26, 2018 is yet another important article.

Investors sentiment decreased to 1.26 in Q4 2017. Its down 0.03, from 1.29 in 2017Q3. It worsened, as 6 investors sold ICD shares while 21 reduced holdings. 10 funds opened positions while 24 raised stakes. 26.88 million shares or 4.57% less from 28.16 million shares in 2017Q3 were reported. Viking Fund Mgmt Ltd Llc reported 520,000 shares stake. Legal General Group Public Limited Liability stated it has 7,099 shares. Ameritas Inv invested in 0% or 2,336 shares. Invesco has 106,625 shares for 0% of their portfolio. Amer Int Gp, a New York-based fund reported 23,086 shares. Tower Rech Cap Limited Liability (Trc) has 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 2,847 shares. Parametric Assoc Limited Liability reported 28,659 shares. Parallax Volatility Advisers Limited Partnership has 5,292 shares for 0% of their portfolio. Systematic Fincl Management LP holds 39,335 shares. 368,509 are held by Glg Partners Lp. Bancorporation Of Ny Mellon Corporation has invested 0% in Independence Contract Drilling, Inc. (NYSE:ICD). Dimensional Fund Limited Partnership holds 0% or 749,935 shares in its portfolio. Wells Fargo And Mn reported 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Jennison Assoc Ltd Llc has 0.01% invested in Independence Contract Drilling, Inc. (NYSE:ICD). Oceanic Inv Mngmt Ltd, a Isle Of Man-based fund reported 171,664 shares.

Bank of the Ozarks (NASDAQ:OZRK) Institutional Positions Chart