National Bank of Canada FI Purchases 186 Shares of BancFirst Co. (NASDAQ:BANF)

National Bank of Canada FI raised its holdings in BancFirst Co. (NASDAQ:BANF) by 12.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,684 shares of the bank’s stock after purchasing an additional 186 shares during the period. National Bank of Canada FI’s holdings in BancFirst were worth $197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in BANF. AlphaQuest LLC boosted its holdings in BancFirst by 11.5% during the fourth quarter. AlphaQuest LLC now owns 862 shares of the bank’s stock valued at $101,000 after purchasing an additional 89 shares in the last quarter. Sanctuary Advisors LLC raised its stake in BancFirst by 3.5% during the third quarter. Sanctuary Advisors LLC now owns 3,214 shares of the bank’s stock worth $338,000 after acquiring an additional 110 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of BancFirst by 1.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 15,743 shares of the bank’s stock valued at $1,845,000 after acquiring an additional 184 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of BancFirst by 155.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank’s stock valued at $38,000 after purchasing an additional 191 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of BancFirst by 1.1% in the 4th quarter. American Century Companies Inc. now owns 21,979 shares of the bank’s stock valued at $2,576,000 after purchasing an additional 232 shares in the last quarter. Institutional investors and hedge funds own 51.72% of the company’s stock.

BancFirst Price Performance

BancFirst stock opened at $103.19 on Friday. The business’s fifty day moving average is $113.16 and its two-hundred day moving average is $115.61. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $3.43 billion, a P/E ratio of 16.02 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) last issued 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 net margin of 23.52% and a return on equity of 14.21%. Equities research analysts forecast that BancFirst Co. will post 6.52 earnings per share for the current fiscal year.

BancFirst Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, March 31st. BancFirst’s dividend payout ratio is currently 28.57%.

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.

Insider Buying and Selling

In other news, EVP Darryl Schmidt sold 5,000 shares of BancFirst stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $122.06, for a total value of $610,300.00. Following the completion of the sale, the executive vice president now directly owns 43,564 shares of the company’s stock, valued at approximately $5,317,421.84. This trade represents a 10.30 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Scott Martin sold 10,000 shares of the company’s stock in a transaction on 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 transaction, the director now directly owns 214,499 shares in the company, valued at $25,553,265.87. This trade represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $2,994,350 in the last quarter. Insiders own 33.89% of the company’s stock.

BancFirst Company 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.