Nationwide Fund Advisors Buys 19,140 Shares of BancFirst Co. (NASDAQ:BANF)

Nationwide Fund Advisors grew its holdings in BancFirst Co. (NASDAQ:BANF) by 98.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 38,496 shares of the bank’s stock after acquiring an additional 19,140 shares during the quarter. Nationwide Fund Advisors owned 0.12% of BancFirst worth $2,185,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BANF. Teachers Advisors LLC boosted its holdings in BancFirst by 4.1% in the first quarter. Teachers Advisors LLC now owns 13,466 shares of the bank’s stock worth $1,211,000 after acquiring an additional 525 shares in the last quarter. Aperio Group LLC boosted its holdings in BancFirst by 34.6% in the second quarter. Aperio Group LLC now owns 3,160 shares of the bank’s stock worth $305,000 after acquiring an additional 812 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of BancFirst by 3.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 56,703 shares of the bank’s stock worth $5,478,000 after purchasing an additional 2,071 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of BancFirst by 11.0% during the second quarter. Bank of New York Mellon Corp now owns 148,499 shares of the bank’s stock worth $14,346,000 after purchasing an additional 14,704 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of BancFirst by 58.2% during the second quarter. Legal & General Group Plc now owns 2,946 shares of the bank’s stock worth $286,000 after purchasing an additional 1,084 shares during the period. 33.10% of the stock is owned by institutional investors and hedge funds.

BancFirst Co. (NASDAQ:BANF) traded down $0.40 during trading on Friday, hitting $54.75. The company had a trading volume of 37,353 shares, compared to its average volume of 40,374. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $1,740.00, a P/E ratio of 20.74, a price-to-earnings-growth ratio of 1.76 and a beta of 0.55. BancFirst Co. has a 12-month low of $42.50 and a 12-month high of $61.05.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.53%. The ex-dividend date is Thursday, December 28th. BancFirst’s dividend payout ratio is currently 31.82%.

A number of equities research analysts recently commented on BANF shares. BidaskClub downgraded BancFirst from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research raised BancFirst from a “hold” rating to a “strong-buy” rating and set a $60.00 target price for the company in a report on Monday, January 1st.

In related news, EVP Darryl Schmidt sold 2,000 shares of BancFirst stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $56.10, for a total transaction of $112,200.00. Following the completion of the transaction, the executive vice president now directly owns 2,000 shares in the company, valued at $112,200. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director H E. Rainbolt purchased 500 shares of BancFirst stock in a transaction that occurred on Monday, December 11th. The shares were bought at an average price of $53.75 per share, with a total value of $26,875.00. Following the completion of the transaction, the director now owns 606 shares of the company’s stock, valued at approximately $32,572.50. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 18,741 shares of company stock valued at $1,051,262. 42.32% of the stock is owned by company insiders.

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BancFirst Company Profile

BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.

Institutional Ownership by Quarter for BancFirst (NASDAQ:BANF)

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