BancFirst Co. (NASDAQ:BANF) insider David Seat sold 528 shares of the company’s stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $61.25, for a total value of $32,340.00. Following the transaction, the insider now directly owns 8,028 shares in the company, valued at approximately $491,715. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Seat also recently made the following trade(s):
- On Monday, September 10th, David Seat sold 354 shares of BancFirst stock. The shares were sold at an average price of $63.50, for a total value of $22,479.00.
NASDAQ:BANF remained flat at $$61.00 during mid-day trading on Friday. The company’s stock had a trading volume of 43,671 shares, compared to its average volume of 26,987. BancFirst Co. has a 1 year low of $50.10 and a 1 year high of $65.70. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.68 and a beta of 0.67.
BancFirst (NASDAQ:BANF) last released its earnings results on Friday, July 20th. The bank reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.06. BancFirst had a return on equity of 13.04% and a net margin of 25.59%. The firm had revenue of $95.32 million for the quarter, compared to analyst estimates of $94.26 million. sell-side analysts expect that BancFirst Co. will post 3.67 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Friday, September 28th will be paid a $0.30 dividend. This is a positive change from BancFirst’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, September 27th. This represents a $1.20 annualized dividend and a yield of 1.97%. BancFirst’s dividend payout ratio is presently 30.88%.
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. lifted its stake in BancFirst by 8.5% in the second quarter. BlackRock Inc. now owns 1,222,926 shares of the bank’s stock valued at $72,398,000 after buying an additional 96,269 shares during the period. Dimensional Fund Advisors LP lifted its stake in BancFirst by 2.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,169,077 shares of the bank’s stock valued at $69,210,000 after buying an additional 29,538 shares during the period. Janus Henderson Group PLC lifted its stake in BancFirst by 12.2% in the second quarter. Janus Henderson Group PLC now owns 652,437 shares of the bank’s stock valued at $38,624,000 after buying an additional 70,732 shares during the period. Northern Trust Corp lifted its stake in BancFirst by 0.4% in the first quarter. Northern Trust Corp now owns 505,553 shares of the bank’s stock valued at $26,845,000 after buying an additional 1,785 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in BancFirst by 1.5% in the second quarter. Renaissance Technologies LLC now owns 210,900 shares of the bank’s stock valued at $12,485,000 after buying an additional 3,100 shares during the period. 33.38% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have recently issued reports on BANF shares. BidaskClub lowered BancFirst from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 16th. Zacks Investment Research raised BancFirst from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Monday, July 23rd.
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. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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