Intech Investment Management LLC bought a new position in shares of Bank First Co. (NASDAQ:BFC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,010 shares of the company's stock, valued at approximately $397,000.
Other institutional investors have also made changes to their positions in the company. Quest Partners LLC raised its holdings in Bank First by 212.6% in the 3rd quarter. Quest Partners LLC now owns 2,057 shares of the company's stock valued at $187,000 after acquiring an additional 1,399 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Bank First during the fourth quarter worth approximately $277,000. Raymond James Financial Inc. bought a new position in shares of Bank First during the fourth quarter worth approximately $287,000. PDT Partners LLC acquired a new stake in Bank First during the 3rd quarter worth approximately $306,000. Finally, Heck Capital Advisors LLC bought a new stake in Bank First in the 4th quarter valued at $349,000. 29.95% of the stock is owned by institutional investors and hedge funds.
Bank First Stock Performance
BFC stock traded down $2.25 during trading hours on Friday, hitting $101.16. 16,384 shares of the stock were exchanged, compared to its average volume of 19,999. Bank First Co. has a 12 month low of $74.90 and a 12 month high of $110.49. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.01 billion, a P/E ratio of 15.56 and a beta of 0.32. The company has a 50-day simple moving average of $102.12 and a two-hundred day simple moving average of $99.14.
Bank First (NASDAQ:BFC - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. On average, analysts forecast that Bank First Co. will post 6.9 earnings per share for the current fiscal year.
Bank First Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, March 26th. Bank First's dividend payout ratio is currently 27.69%.
Insiders Place Their Bets
In other Bank First news, Director Michael S. Stayer-Suprick acquired 1,000 shares of Bank First stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of $102.07 per share, with a total value of $102,070.00. Following the completion of the purchase, the director now directly owns 3,035 shares of the company's stock, valued at $309,782.45. This represents a 49.14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel C. Mcconeghy bought 380 shares of the stock in a transaction on Tuesday, March 4th. The shares were acquired at an average cost of $105.72 per share, with a total value of $40,173.60. Following the purchase, the director now owns 2,000 shares of the company's stock, valued at approximately $211,440. This represents a 23.46 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.10% of the company's stock.
Bank First Company 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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