Giverny Capital buys $38.8 Million stake in Bank Of The Ozarks Inc (OZRK)

Bank Of The Ozarks Inc (OZRK) : Giverny Capital scooped up 143,737 additional shares in Bank Of The Ozarks Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 1,066,622 shares of Bank Of The Ozarks Inc which is valued at $38.8 Million.Bank Of The Ozarks Inc makes up approximately 7.82% of Giverny Capital’s portfolio.

Other Hedge Funds, Including , Bessemer Group Inc added OZRK to its portfolio by purchasing 1,543 company shares during the most recent quarter which is valued at $56,103.Lebenthal Lisanti Capital Growth reduced its stake in OZRK by selling 19,200 shares or 43.36% in the most recent quarter. The Hedge Fund company now holds 25,079 shares of OZRK which is valued at $933,691. Bank Of The Ozarks Inc makes up approx 1.15% of Lebenthal Lisanti Capital Growth’s portfolio. Clarivest Asset Management added OZRK to its portfolio by purchasing 24,204 company shares during the most recent quarter which is valued at $999,625. Bank Of The Ozarks Inc makes up approx 0.03% of Clarivest Asset Management’s portfolio.First Midwest Bank Trust Division reduced its stake in OZRK by selling 80 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 27,661 shares of OZRK which is valued at $1.1 Million. Bank Of The Ozarks Inc makes up approx 0.15% of First Midwest Bank Trust Division’s portfolio.

Bank Of The Ozarks Inc opened for trading at $36.66 and hit $36.95 on the upside on Monday, eventually ending the session at $36.76, with a gain of 1.10% or 0.4 points. The heightened volatility saw the trading volume jump to 13,58,629 shares. Company has a market cap of $3,335 M.

On the company’s financial health, Bank Of The Ozarks Inc reported $0.57 EPS for the quarter, based on the information available during the earnings call on Apr 11, 2016. Analyst had a consensus estimate of $0.57.Analysts expectations of $ 134.13.During the same quarter in the previous year, the company posted $0.47 EPS.

Many Wall Street Analysts have commented on Bank Of The Ozarks Inc. Bank Of The Ozarks Inc was Upgraded by FIG Partners to ” Outperform” on May 9, 2016. Bank Of The Ozarks Inc was Upgraded by Piper Jaffray to ” Overweight” on May 6, 2016.

Bank of the Ozarks Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank Bank of the Ozarks. The Company provides a range of retail and commercial banking services. The Company provides mortgage lending trust and wealth management services treasury management services and online and mobile banking services. Deposit services include checking savings money market time deposit and individual retirement accounts. Loan services include various types of real estate consumer commercial industrial and agricultural loans and various leasing services. It also provides mortgage lending treasury management services remote deposit capture services trust and wealth management services real estate appraisals ATMs telephone banking online and mobile banking services.

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