90,602 Shares in BancFirst Co. (NASDAQ:BANF) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new position in shares of BancFirst Co. (NASDAQ:BANF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 90,602 shares of the bank’s stock, valued at approximately $8,818,000. International Assets Investment Management LLC owned 0.28% of BancFirst at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BANF. Covestor Ltd increased its position in shares of BancFirst by 13.9% in the third quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock worth $108,000 after purchasing an additional 153 shares during the period. Pathstone Family Office LLC bought a new position in BancFirst in the 3rd quarter valued at about $219,000. AlphaMark Advisors LLC acquired a new position in shares of BancFirst in the 4th quarter valued at approximately $271,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of BancFirst by 46.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,383 shares of the bank’s stock valued at $293,000 after buying an additional 1,073 shares in the last quarter. Finally, Lido Advisors LLC bought a new stake in shares of BancFirst during the 3rd quarter worth approximately $293,000. 51.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, DA Davidson decreased their price objective on shares of BancFirst from $95.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th.

Insiders Place Their Bets

In related news, EVP Kevin Lawrence sold 10,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $90.00, for a total transaction of $900,000.00. Following the sale, the executive vice president now owns 10,000 shares of the company’s stock, valued at approximately $900,000. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other BancFirst news, EVP Dennis Jay Hannah sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $88.66, for a total transaction of $354,640.00. Following the sale, the executive vice president now directly owns 24,714 shares of the company’s stock, valued at approximately $2,191,143.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kevin Lawrence sold 10,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $90.00, for a total transaction of $900,000.00. Following the transaction, the executive vice president now directly owns 10,000 shares of the company’s stock, valued at approximately $900,000. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,504 shares of company stock valued at $2,624,974. 33.89% of the stock is currently owned by insiders.

BancFirst Trading Up 0.3 %

BANF opened at $91.85 on Tuesday. The company has a market cap of $3.03 billion, a P/E ratio of 15.01 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $87.00 and its 200-day moving average is $88.55. BancFirst Co. has a 1-year low of $71.37 and a 1-year high of $104.00.

BancFirst Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.43 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.72 dividend on an annualized basis and a yield of 1.87%. BancFirst’s dividend payout ratio is currently 28.10%.

About BancFirst

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.