JPMorgan Chase & Co. Has $4.81 Million Holdings in Bank First Co. (NASDAQ:BFC)

JPMorgan Chase & Co. lifted its stake in shares of Bank First Co. (NASDAQ:BFC - Free Report) by 103.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,500 shares of the company's stock after acquiring an additional 24,635 shares during the period. JPMorgan Chase & Co. owned 0.48% of Bank First worth $4,806,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in Bank First by 2.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,731 shares of the company's stock valued at $469,000 after acquiring an additional 105 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in Bank First by 2.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 10,998 shares of the company's stock worth $1,090,000 after buying an additional 313 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Bank First by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 75,563 shares of the company's stock valued at $7,488,000 after buying an additional 693 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Bank First by 20.1% during the fourth quarter. SG Americas Securities LLC now owns 4,438 shares of the company's stock valued at $440,000 after acquiring an additional 742 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of 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 acquiring an additional 1,337 shares during the last quarter. Hedge funds and other institutional investors own 29.95% of the company's stock.

Insider Buying and Selling

In other news, Director Michael S. Stayer-Suprick acquired 1,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were purchased at an average cost of $102.07 per share, for a total transaction of $102,070.00. Following the transaction, the director now owns 3,035 shares in the company, valued at approximately $309,782.45. This trade represents a 49.14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel C. Mcconeghy purchased 380 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $105.72 per share, with a total value of $40,173.60. Following the completion of the acquisition, the director now owns 2,000 shares of the company's stock, valued at $211,440. This trade 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.

Wall Street Analyst Weigh In

Separately, Piper Sandler increased their price target on Bank First from $110.00 to $111.00 and gave the company a "neutral" rating in a report on Thursday, April 17th.

Bank First Stock Down 0.4 %

Shares of BFC stock traded down $0.47 during mid-day trading on Thursday, reaching $110.45. 1,341 shares of the company were exchanged, compared to its average volume of 20,810. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. The business's 50 day simple moving average is $102.26 and its 200 day simple moving average is $100.71. The company has a market capitalization of $1.10 billion, a P/E ratio of 16.99 and a beta of 0.31. Bank First Co. has a fifty-two week low of $76.75 and a fifty-two week high of $113.54.

Bank First (NASDAQ:BFC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 15th. The company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.20. Bank First had a return on equity of 10.53% and a net margin of 29.00%. The firm had revenue of $43.10 million for the quarter, compared to analysts' expectations of $41.80 million. Research analysts predict that Bank First Co. will post 6.9 earnings per share for the current year.

Bank First Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Wednesday, June 25th. Bank First's dividend payout ratio (DPR) is 26.43%.

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.