BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 204 Shares

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 204 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $92.38, for a total value of $18,845.52. Following the sale, the executive vice president now owns 16,210 shares in the company, valued at $1,497,479.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dennis Jay Hannah also recently made the following trade(s):

• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The shares were sold at an average price of $92.06, for a total value of $27,618.00.
• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The shares were sold at an average price of $90.07, for a total transaction of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was sold at an average price of $88.66, for a total transaction of $354,640.00.
• On Friday, February 9th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The shares were sold at an average price of $88.45, for a total transaction of $353,800.00.

BancFirst Stock Down 0.3 %

BANF stock opened at $91.62 on Monday. BancFirst Co. has a 1-year low of $68.44 and a 1-year high of $104.00. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 14.97 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 $86.90 and its 200 day moving average is $88.48.

BancFirst Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Wednesday, March 27th. BancFirst’s payout ratio is 28.10%.

Institutional Trading of BancFirst

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC purchased a new position in shares of BancFirst during the fourth quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new stake in shares of BancFirst in the 1st quarter valued at $35,000. Benjamin F. Edwards & Company Inc. grew its holdings in shares of BancFirst by 557.1% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock valued at $45,000 after purchasing an additional 429 shares during the last quarter. Covestor Ltd raised its position in BancFirst by 13.9% in the 3rd 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. Finally, D.A. Davidson & CO. bought a new stake in BancFirst in the fourth quarter worth $216,000. Institutional investors own 51.72% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.