Public Sector Pension Investment Board Has $4.42 Million Stock Position in BancFirst Co. (NASDAQ:BANF)

Public Sector Pension Investment Board grew its stake in BancFirst Co. (NASDAQ:BANF - Free Report) by 31.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,007 shares of the bank's stock after acquiring an additional 10,100 shares during the period. Public Sector Pension Investment Board owned 0.13% of BancFirst worth $4,421,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of BancFirst by 9.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,104 shares of the bank's stock valued at $802,000 after purchasing an additional 776 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of BancFirst by 87.5% in the first quarter. Janus Henderson Group PLC now owns 21,296 shares of the bank's stock valued at $1,874,000 after buying an additional 9,936 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of BancFirst by 367.6% during the second quarter. SG Americas Securities LLC now owns 7,299 shares of the bank's stock worth $640,000 after purchasing an additional 5,738 shares in the last quarter. Curated Wealth Partners LLC boosted its holdings in shares of BancFirst by 180.4% during the 2nd quarter. Curated Wealth Partners LLC now owns 2,433 shares of the bank's stock worth $213,000 after purchasing an additional 5,460 shares during the last quarter. Finally, Diversified Trust Co boosted its position in shares of BancFirst by 2.6% during the 2nd quarter. Diversified Trust Co now owns 4,972 shares of the bank's stock valued at $436,000 after acquiring an additional 128 shares during the last quarter. 51.72% of the stock is owned by institutional investors.

Insider Transactions at BancFirst

In other BancFirst news, Director William Scott Martin sold 25,000 shares of the company's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $123.00, for a total value of $3,075,000.00. Following the completion of the transaction, the director now owns 249,106 shares of the company's stock, valued at $30,640,038. This represents a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dennis Jay Hannah sold 10,543 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $126.58, for a total value of $1,334,532.94. Following the completion of the transaction, the executive vice president now directly owns 1,564 shares of the company's stock, valued at approximately $197,971.12. The trade was a 87.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 159,054 shares of company stock valued at $18,507,146. Corporate insiders own 33.89% of the company's stock.

Wall Street Analysts Forecast Growth

BANF has been the subject of several research analyst reports. StockNews.com upgraded BancFirst from a "sell" rating to a "hold" rating in a research report on Thursday, November 7th. DA Davidson raised their price target on BancFirst from $104.00 to $110.00 and gave the company a "neutral" rating in a research note on Monday, October 21st.

BancFirst Trading Down 1.2 %

BANF stock traded down $1.48 during midday trading on Tuesday, hitting $125.98. The stock had a trading volume of 56,261 shares, compared to its average volume of 109,202. The firm has a market cap of $4.17 billion, a PE ratio of 20.25 and a beta of 1.05. The company's 50-day moving average price is $113.79 and its 200 day moving average price is $102.19. BancFirst Co. has a 12-month low of $81.21 and a 12-month high of $132.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

BancFirst (NASDAQ:BANF - Get Free Report) last posted its quarterly 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 firm had revenue of $163.67 million for the quarter, compared to analyst estimates of $156.70 million. On average, equities research analysts predict that BancFirst Co. will post 6.37 earnings per share for the current fiscal year.

BancFirst Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Tuesday, December 31st. BancFirst's dividend payout ratio (DPR) is presently 29.58%.

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.