37,300 Bank First National Corporation $BFC Shares Purchased by Prairie Advisory LLC

Prairie Advisory LLC boosted its stake in shares of Bank First National Corporation (NASDAQ:BFC) by 100.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,440 shares of the company’s stock after buying an additional 37,300 shares during the quarter. Bank First National makes up approximately 1.3% of Prairie Advisory LLC’s portfolio, making the stock its 18th biggest position. Prairie Advisory LLC’s holdings in Bank First National were worth $11,077,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Ancora Advisors LLC acquired a new stake in shares of Bank First National in the second quarter valued at about $26,000. Versant Capital Management Inc raised its position in shares of Bank First National by 53.8% during the third quarter. Versant Capital Management Inc now owns 200 shares of the company’s stock worth $30,000 after acquiring an additional 70 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Bank First National by 406.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 370 shares of the company’s stock worth $45,000 after acquiring an additional 297 shares during the period. Johnson Financial Group Inc. acquired a new position in shares of Bank First National in the second quarter worth approximately $99,000. Finally, Ballast Advisors LLC acquired a new position in shares of Bank First National in the first quarter worth approximately $154,000. Institutional investors own 29.95% of the company’s stock.

Insider Activity at Bank First National

In other news, Director Sistine Peter J. Van sold 1,848 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $155.57, for a total transaction of $287,493.36. Following the completion of the sale, the director owned 7,640 shares of the company’s stock, valued at $1,188,554.80. This trade represents a 19.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 4.97% of the stock is currently owned by company insiders.

Bank First National Trading Down 0.7%

BFC stock traded down $1.10 during midday trading on Monday, hitting $146.60. The stock had a trading volume of 11,684 shares, compared to its average volume of 86,639. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.63 billion, a P/E ratio of 19.06 and a beta of 0.42. The business has a fifty day moving average price of $152.03 and a two-hundred day moving average price of $147.35. Bank First National Corporation has a 1-year low of $119.08 and a 1-year high of $159.10.

Bank First National (NASDAQ:BFC) last released its earnings results on Tuesday, July 21st. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.40 by $0.05. The business had revenue of $65.03 million during the quarter, compared to analysts’ expectations of $65.25 million. Bank First National had a return on equity of 12.48% and a net margin of 27.70%. On average, sell-side analysts predict that Bank First National Corporation will post 9.94 earnings per share for the current fiscal year.

Bank First National Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Bank First National’s previous quarterly dividend of $0.55. Bank First National’s dividend payout ratio (DPR) is currently 31.21%.

Analyst Upgrades and Downgrades

Several analysts recently commented on BFC shares. Piper Sandler upped their target price on Bank First National from $157.00 to $161.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. Zacks Research lowered shares of Bank First National from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Finally, Weiss Ratings upgraded shares of Bank First National from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $163.00.

Bank First National Company Profile

Bank First Corporation is a Wisconsin-based bank holding company that operates through its subsidiary, Bank First. Headquartered in Manitowoc, Wisconsin, the institution provides banking services to individuals, families, businesses and municipal customers throughout eastern Wisconsin.

Bank First offers deposit accounts, consumer and business loans, mortgage lending, cash-management and treasury services, online and mobile banking, credit and debit cards, and other personal and commercial banking products.