Horrell Capital Management Lowers stake in Bank Of The Ozarks Inc (OZRK)

Bank Of The Ozarks Inc (OZRK) : Horrell Capital Management reduced its stake in Bank Of The Ozarks Inc by 0.51% during the most recent quarter end. The investment management company now holds a total of 107,948 shares of Bank Of The Ozarks Inc which is valued at $3,973,566 after selling 552 shares in Bank Of The Ozarks Inc , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Bank Of The Ozarks Inc makes up approximately 2.48% of Horrell Capital Management’s portfolio.

Other Hedge Funds, Including , American Century Companies Inc boosted its stake in OZRK in the latest quarter, The investment management firm added 391,844 additional shares and now holds a total of 1,110,810 shares of Bank Of The Ozarks Inc which is valued at $40,888,916. Bank Of The Ozarks Inc makes up approx 0.05% of American Century Companies Inc’s portfolio.New Century Investment Management Inc reduced its stake in OZRK by selling 1,473 shares or 5.24% in the most recent quarter. The Hedge Fund company now holds 26,655 shares of OZRK which is valued at $994,232. Bank Of The Ozarks Inc makes up approx 0.51% of New Century Investment Management Inc’s portfolio.Lathrop Investment Management Corp reduced its stake in OZRK by selling 117 shares or 1.44% in the most recent quarter. The Hedge Fund company now holds 8,016 shares of OZRK which is valued at $316,231. Bank Of The Ozarks Inc makes up approx 0.09% of Lathrop Investment Management Corp’s portfolio.

Bank Of The Ozarks Inc closed down -0.23 points or -0.64% at $35.99 with 21,42,690 shares getting traded on Friday. Post opening the session at $36.13, the shares hit an intraday low of $35.9 and an intraday high of $36.45 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Bank Of The Ozarks Inc reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 11, 2016. Analyst had a consensus of $0.59.Analysts expectations of $ 154.69.During the same quarter in the previous year, the company posted $0.51 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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