OLD Mission Capital LLC Invests $724,000 in BancFirst Co. (NASDAQ:BANF)

OLD Mission Capital LLC purchased a new position in shares of BancFirst Co. (NASDAQ:BANF - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,179 shares of the bank's stock, valued at approximately $724,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaQuest LLC lifted its stake in shares of BancFirst by 11.5% in the 4th quarter. AlphaQuest LLC now owns 862 shares of the bank's stock worth $101,000 after acquiring an additional 89 shares during the period. Sanctuary Advisors LLC boosted its holdings in BancFirst by 3.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 3,214 shares of the bank's stock valued at $338,000 after purchasing an additional 110 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of BancFirst by 1.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 15,743 shares of the bank's stock worth $1,845,000 after buying an additional 184 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of BancFirst by 12.4% in the 4th quarter. National Bank of Canada FI now owns 1,684 shares of the bank's stock valued at $197,000 after buying an additional 186 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of BancFirst by 155.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank's stock valued at $38,000 after buying an additional 191 shares in the last quarter. 51.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at BancFirst

In other BancFirst news, Director F Ford Drummond sold 5,000 shares of the business's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $120.58, for a total transaction of $602,900.00. Following the completion of the sale, the director now owns 6,000 shares of the company's stock, valued at approximately $723,480. The trade was a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Scott Martin sold 10,000 shares of BancFirst stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $119.13, for a total value of $1,191,300.00. Following the completion of the transaction, the director now directly owns 214,499 shares in the company, valued at $25,553,265.87. This represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $2,994,350 over the last three months. 33.89% of the stock is currently owned by insiders.

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Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of BancFirst from a "hold" rating to a "sell" rating in a research report on Friday, April 4th.

BancFirst Price Performance

NASDAQ BANF traded down $6.34 during mid-day trading on Thursday, hitting $101.95. The stock had a trading volume of 23,960 shares, compared to its average volume of 113,672. The company has a 50 day simple moving average of $113.42 and a 200 day simple moving average of $115.64. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 15.89 and a beta of 0.82. BancFirst Co. has a 52-week low of $81.21 and a 52-week high of $132.29.

BancFirst (NASDAQ:BANF - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.07. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. Equities analysts forecast that BancFirst Co. will post 6.52 EPS for the current fiscal year.

BancFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.46 per share. The ex-dividend date is Monday, March 31st. This represents a $1.84 annualized dividend and a dividend yield of 1.80%. BancFirst's dividend payout ratio is currently 28.57%.

BancFirst Profile

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.