BOK Financial (BOKF) Reaches $97.70 52-Week High; Abaxis, Inc. (ABAX) Covered By 1 Bulls

January 23, 2018 - By Winifred Garcia

The stock of BOK Financial Corporation (NASDAQ:BOKF) hit a new 52-week high and has $101.61 target or 4.00% above today’s $97.70 share price. The 9 months bullish chart indicates low risk for the $6.40B company. The 1-year high was reported on Jan, 23 by Barchart.com. If the $101.61 price target is reached, the company will be worth $255.80M more. The stock increased 1.03% or $1 during the last trading session, reaching $97.7. About 81,361 shares traded. BOK Financial Corporation (NASDAQ:BOKF) has risen 36.84% since January 23, 2017 and is uptrending. It has outperformed by 20.14% the S&P500.

Among 9 analysts covering Abaxis (NASDAQ:ABAX), 1 have Buy rating, 3 Sell and 5 Hold. Therefore 11% are positive. Abaxis had 25 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Canaccord Genuity given on Thursday, October 5. The stock of Abaxis, Inc. (NASDAQ:ABAX) earned “Buy” rating by Northcoast on Tuesday, January 9. The stock of Abaxis, Inc. (NASDAQ:ABAX) has “Buy” rating given on Thursday, July 23 by Canaccord Genuity. The rating was downgraded by Feltl & Co on Friday, July 22 to “Sell”. The firm earned “Hold” rating on Friday, April 1 by Canaccord Genuity. On Thursday, November 12 the stock rating was maintained by Canaccord Genuity with “Hold”. Canaccord Genuity maintained Abaxis, Inc. (NASDAQ:ABAX) on Friday, October 27 with “Hold” rating. The company was maintained on Monday, August 21 by Canaccord Genuity. The firm has “Neutral” rating by Northcoast given on Wednesday, November 30. The firm has “Underperform” rating by Bank of America given on Wednesday, August 23. See Abaxis, Inc. (NASDAQ:ABAX) latest ratings:

16/01/2018 Broker: Canaccord Genuity Rating: Hold New Target: $55.0 Maintain
09/01/2018 Broker: Northcoast Rating: Buy New Target: $72.0 Maintain
09/01/2018 Broker: Raymond James Rating: Hold Upgrade
30/11/2017 Broker: Raymond James Rating: Sell
30/10/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $46 New Target: $47 Maintain
27/10/2017 Broker: Canaccord Genuity Rating: Hold New Target: $47.0 Maintain
25/10/2017 Broker: Bank of America Rating: Underperform Old Target: $42 New Target: $39 Maintain
23/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $48.0 Maintain
05/10/2017 Broker: Canaccord Genuity Rating: Hold New Target: $46.0 Maintain
23/08/2017 Broker: Bank of America Rating: Underperform New Target: $42 Maintain

The stock increased 0.73% or $0.46 during the last trading session, reaching $63.18. About 46,849 shares traded. Abaxis, Inc. (NASDAQ:ABAX) has risen 7.18% since January 23, 2017 and is uptrending. It has underperformed by 9.52% the S&P500.

Abaxis, Inc. develops, manufactures, markets, and sells portable blood analysis systems for use in human or veterinary patient care settings to provide rapid blood constituent measurements for clinicians worldwide. The company has market cap of $1.43 billion. It operates in two divisions, Medical Market and Veterinary Market. It has a 53.09 P/E ratio. The firm offers Piccolo chemistry analyzers with rapid blood constituent measurements for use in human patient care; and Piccolo profiles that are single-use medical reagents.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.20, from 1.12 in 2017Q2. It improved, as 11 investors sold Abaxis, Inc. shares while 36 reduced holdings. 18 funds opened positions while 44 raised stakes. 21.83 million shares or 0.11% less from 21.86 million shares in 2017Q2 were reported. Barclays Public Limited Liability Company reported 0% in Abaxis, Inc. (NASDAQ:ABAX). Moreover, Tiverton Asset Mngmt has 0.22% invested in Abaxis, Inc. (NASDAQ:ABAX). 11,769 are held by Bnp Paribas Arbitrage Sa. New York-based Ny State Common Retirement Fund has invested 0.02% in Abaxis, Inc. (NASDAQ:ABAX). 4,495 were accumulated by M&T Commercial Bank Corporation. Metropolitan Life Ins Ny holds 15,799 shares. Swiss Retail Bank invested 0% of its portfolio in Abaxis, Inc. (NASDAQ:ABAX). Ameriprise Finance accumulated 0% or 132,645 shares. Northern Tru Corporation reported 291,238 shares or 0% of all its holdings. Comerica Savings Bank has 24,758 shares. Envestnet Asset Management invested 0% in Abaxis, Inc. (NASDAQ:ABAX). Illinois-based Citadel Advisors Limited Liability Company has invested 0% in Abaxis, Inc. (NASDAQ:ABAX). Great West Life Assurance Can has 30,416 shares for 0% of their portfolio. 41,300 were reported by Spark Investment Management Lc. Ami Asset Mngmt accumulated 182,161 shares.

BOK Financial Corporation, a financial holding company, operates BOKF, NA that provides various financial services and products in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. The company has market cap of $6.40 billion. It operates through three divisions: Commercial Banking, Consumer Banking, and Wealth Management. It has a 20.5 P/E ratio. The Commercial Banking segment offers lending, treasury and cash management services, and customer risk management products for small businesses, middle market, and larger commercial customers.

Analysts await BOK Financial Corporation (NASDAQ:BOKF) to report earnings on January, 24. They expect $1.34 EPS, up 76.32% or $0.58 from last year’s $0.76 per share. BOKF’s profit will be $87.71M for 18.23 P/E if the $1.34 EPS becomes a reality. After $1.31 actual EPS reported by BOK Financial Corporation for the previous quarter, Wall Street now forecasts 2.29% EPS growth.

Among 14 analysts covering BOK Financial (NASDAQ:BOKF), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. BOK Financial has $99 highest and $55 lowest target. $85.05’s average target is -12.95% below currents $97.7 stock price. BOK Financial had 42 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of BOKF in report on Thursday, April 28 with “Sector Perform” rating. Stephens maintained BOK Financial Corporation (NASDAQ:BOKF) on Wednesday, July 26 with “Buy” rating. The firm has “Market Perform” rating given on Monday, January 9 by Wells Fargo. The company was maintained on Thursday, June 1 by RBC Capital Markets. SunTrust maintained it with “Hold” rating and $98.0 target in Monday, January 8 report. Zacks downgraded the stock to “Buy” rating in Friday, August 21 report. The stock of BOK Financial Corporation (NASDAQ:BOKF) has “Sector Perform” rating given on Thursday, January 14 by RBC Capital Markets. Zacks downgraded the stock to “Buy” rating in Friday, August 28 report. On Thursday, September 3 the stock rating was upgraded by Zacks to “Buy”. The rating was maintained by RBC Capital Markets on Thursday, January 28 with “Sector Perform”.

Investors sentiment increased to 1 in Q3 2017. Its up 0.06, from 0.94 in 2017Q2. It increased, as 20 investors sold BOK Financial Corporation shares while 44 reduced holdings. 22 funds opened positions while 42 raised stakes. 19.93 million shares or 0.37% less from 20.01 million shares in 2017Q2 were reported. 236,969 are owned by Geode Cap Management Limited Liability Com. Renaissance Technologies Ltd invested in 0% or 46,442 shares. Bb&T Corp owns 15,214 shares. Moreover, Amalgamated Bankshares has 0.01% invested in BOK Financial Corporation (NASDAQ:BOKF) for 4,509 shares. Mariner Wealth Advsrs Limited, Kansas-based fund reported 4,777 shares. Panagora Asset Mngmt has 0% invested in BOK Financial Corporation (NASDAQ:BOKF). Fdx Advsrs Inc has 0.01% invested in BOK Financial Corporation (NASDAQ:BOKF) for 5,884 shares. Tudor Et Al holds 0.01% or 2,370 shares. California State Teachers Retirement System owns 0.01% invested in BOK Financial Corporation (NASDAQ:BOKF) for 41,726 shares. Guggenheim Limited Liability Corporation has 3,755 shares. Stifel has invested 0% of its portfolio in BOK Financial Corporation (NASDAQ:BOKF). Public Employees Retirement Systems Of Ohio reported 0.01% of its portfolio in BOK Financial Corporation (NASDAQ:BOKF). Raymond James Assoc holds 0.01% of its portfolio in BOK Financial Corporation (NASDAQ:BOKF) for 45,890 shares. Regions Fincl holds 5,685 shares or 0.01% of its portfolio. Penn Capital Mgmt Communications, Pennsylvania-based fund reported 37,449 shares.

Since August 10, 2017, it had 0 buys, and 1 sale for $44,888 activity. On Thursday, August 10 the insider Grossi Stephen D. sold $44,888.

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