Barclays PLC Has $1.42 Million Stock Position in Bank First Co. (NASDAQ:BFC)

Barclays PLC raised its position in Bank First Co. (NASDAQ:BFC - Free Report) by 339.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,635 shares of the company's stock after buying an additional 12,081 shares during the quarter. Barclays PLC owned approximately 0.16% of Bank First worth $1,417,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Stifel Financial Corp increased its holdings in Bank First by 18.1% in the third quarter. Stifel Financial Corp now owns 47,834 shares of the company's stock valued at $4,339,000 after buying an additional 7,336 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Bank First by 167.3% during the 2nd quarter. American Century Companies Inc. now owns 37,873 shares of the company's stock worth $3,128,000 after purchasing an additional 23,705 shares during the period. State Street Corp boosted its stake in Bank First by 3.4% in the 3rd quarter. State Street Corp now owns 238,225 shares of the company's stock worth $21,701,000 after buying an additional 7,822 shares during the last quarter. Geode Capital Management LLC grew its holdings in Bank First by 3.7% in the third quarter. Geode Capital Management LLC now owns 222,204 shares of the company's stock valued at $20,158,000 after purchasing an additional 7,922 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Bank First by 6.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company's stock worth $6,791,000 after buying an additional 4,480 shares during the last quarter. 29.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler boosted their price objective on shares of Bank First from $99.00 to $104.00 and gave the stock a "neutral" rating in a research note on Thursday, October 17th.

Bank First Stock Up 0.8 %

Shares of Bank First stock traded up $0.75 during trading on Monday, reaching $94.47. The company had a trading volume of 5,603 shares, compared to its average volume of 17,512. The firm's fifty day moving average is $102.74 and its 200-day moving average is $93.81. Bank First Co. has a fifty-two week low of $74.90 and a fifty-two week high of $110.49. The company has a market cap of $945.83 million, a price-to-earnings ratio of 11.61 and a beta of 0.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00.

Bank First (NASDAQ:BFC - Get Free Report) last announced its quarterly earnings results on Tuesday, October 15th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.11. Bank First had a return on equity of 10.10% and a net margin of 32.02%. The business had revenue of $58.93 million for the quarter, compared to the consensus estimate of $39.60 million. On average, analysts anticipate that Bank First Co. will post 6.35 EPS for the current year.

Bank First Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were issued a dividend of $0.45 per share. This is a boost from Bank First's previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 23rd. This represents a $1.80 annualized dividend and a yield of 1.91%. Bank First's payout ratio is presently 22.11%.

Bank First Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.