Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Bank First Co. (NASDAQ:BFC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,794 shares of the company's stock, valued at approximately $277,000.
Several other large investors have also bought and sold shares of BFC. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Bank First by 1.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company's stock valued at $1,037,000 after acquiring an additional 155 shares during the last quarter. Avantax Advisory Services Inc. increased its position in shares of Bank First by 2.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 10,998 shares of the company's stock valued at $1,090,000 after purchasing an additional 313 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Bank First by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 75,563 shares of the company's stock worth $7,488,000 after purchasing an additional 693 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Bank First by 20.1% in the 4th quarter. SG Americas Securities LLC now owns 4,438 shares of the company's stock worth $440,000 after buying an additional 742 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Bank First by 3.5% during the fourth quarter. Bank of New York Mellon Corp now owns 39,977 shares of the company's stock worth $3,961,000 after buying an additional 1,337 shares during the last quarter. 29.95% of the stock is currently owned by institutional investors.
Bank First Stock Performance
BFC traded down $0.11 during midday trading on Thursday, reaching $103.41. The company had a trading volume of 17,391 shares, compared to its average volume of 19,340. Bank First Co. has a 12-month low of $74.90 and a 12-month high of $110.49. The business has a 50-day moving average price of $101.96 and a two-hundred day moving average price of $98.95. The stock has a market cap of $1.03 billion, a PE ratio of 15.91 and a beta of 0.32. 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 posted its quarterly earnings data on Tuesday, January 21st. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. On average, sell-side analysts expect that Bank First Co. will post 6.9 earnings per share for the current fiscal year.
Bank First Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th will be paid a dividend of $0.45 per share. The ex-dividend date is Wednesday, March 26th. This represents a $1.80 annualized dividend and a dividend yield of 1.74%. Bank First's payout ratio is 27.69%.
Insider Buying and Selling
In other Bank First news, Director Daniel C. Mcconeghy bought 380 shares of the stock in a transaction on Tuesday, March 4th. The shares were acquired at an average price of $105.72 per share, with a total value of $40,173.60. Following the acquisition, the director now directly owns 2,000 shares of the company's stock, valued at $211,440. The trade was a 23.46 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael S. Stayer-Suprick bought 1,000 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were bought at an average price of $102.07 per share, for a total transaction of $102,070.00. Following the transaction, the director now owns 3,035 shares of the company's stock, valued at approximately $309,782.45. This represents a 49.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.10% of the stock is currently owned by insiders.
Bank First Profile
(
Free Report)
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.
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