Barclays PLC grew its position in BancFirst Co. (NASDAQ:BANF - Free Report) by 94.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,136 shares of the bank's stock after purchasing an additional 27,295 shares during the period. Barclays PLC owned about 0.17% of BancFirst worth $5,908,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. acquired a new stake in BancFirst during the 3rd quarter valued at $38,000. Blue Trust Inc. grew its holdings in shares of BancFirst by 33.9% during the third quarter. Blue Trust Inc. now owns 391 shares of the bank's stock worth $41,000 after purchasing an additional 99 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of BancFirst by 64.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 834 shares of the bank's stock valued at $73,000 after buying an additional 328 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of BancFirst in the second quarter valued at about $77,000. Finally, nVerses Capital LLC acquired a new position in BancFirst during the 3rd quarter worth about $105,000. Institutional investors own 51.72% of the company's stock.
Analyst Ratings Changes
BANF has been the topic of several research analyst reports. Keefe, Bruyette & Woods increased their price target on shares of BancFirst from $117.00 to $135.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. StockNews.com raised BancFirst from a "sell" rating to a "hold" rating in a report on Thursday, November 7th. Finally, DA Davidson lifted their target price on BancFirst from $104.00 to $110.00 and gave the company a "neutral" rating in a research note on Monday, October 21st.
View Our Latest Report on BANF
Insiders Place Their Bets
In other BancFirst news, EVP Dennis L. Brand sold 4,000 shares of BancFirst stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $126.50, for a total value of $506,000.00. Following the transaction, the executive vice president now owns 33,000 shares of the company's stock, valued at approximately $4,174,500. The trade was a 10.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Main Street Banking Partners L sold 778 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $110.00, for a total transaction of $85,580.00. Following the sale, the insider now directly owns 4,941,772 shares of the company's stock, valued at $543,594,920. This represents a 0.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 129,150 shares of company stock worth $15,442,825. Insiders own 33.89% of the company's stock.
BancFirst Trading Up 1.4 %
Shares of BANF traded up $1.59 on Friday, reaching $118.84. 415,581 shares of the company's stock were exchanged, compared to its average volume of 86,568. The business has a 50 day moving average price of $119.54 and a two-hundred day moving average price of $105.37. BancFirst Co. has a 12 month low of $81.21 and a 12 month high of $132.29. The stock has a market capitalization of $3.94 billion, a P/E ratio of 19.11 and a beta of 1.05. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.
BancFirst (NASDAQ:BANF - Get Free Report) last issued its earnings results on Thursday, October 17th. The bank reported $1.75 EPS for the quarter, beating the consensus estimate of $1.57 by $0.18. BancFirst had a net margin of 23.52% and a return on equity of 13.92%. The company had revenue of $163.67 million during the quarter, compared to analysts' expectations of $156.70 million. Research analysts anticipate that BancFirst Co. will post 6.37 earnings per share for the current year.
BancFirst Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Tuesday, December 31st. BancFirst's payout ratio is 29.58%.
About BancFirst
(
Free Report)
BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.
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