BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 300 Shares

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 300 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $92.06, for a total value of $27,618.00. Following the completion of the sale, the executive vice president now owns 18,414 shares of the company’s stock, valued at approximately $1,695,192.84. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

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

BancFirst Stock Down 0.9 %

BANF opened at $91.57 on Thursday. The company has a market capitalization of $3.02 billion, a PE ratio of 14.96 and a beta of 1.09. The firm has a 50-day simple moving average of $86.65 and a two-hundred day simple moving average of $88.18. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.06. BancFirst Co. has a 52 week low of $68.44 and a 52 week high of $104.00.

BancFirst Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Institutional Trading of BancFirst

Hedge funds have recently modified their holdings of the company. Norges Bank bought a new stake in BancFirst in the fourth quarter worth $23,802,000. International Assets Investment Management LLC bought a new stake in shares of BancFirst in the 4th quarter worth about $8,818,000. BancFirst Trust & Investment Management raised its position in shares of BancFirst by 4.2% during the 1st quarter. BancFirst Trust & Investment Management now owns 1,127,415 shares of the bank’s stock valued at $99,246,000 after buying an additional 45,629 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of BancFirst by 11.5% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 246,742 shares of the bank’s stock valued at $21,400,000 after buying an additional 25,541 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of BancFirst by 32.4% in the 3rd quarter. Invesco Ltd. now owns 87,866 shares of the bank’s stock valued at $7,621,000 after acquiring an additional 21,521 shares during the last quarter. 51.72% of the stock is owned by hedge funds and other institutional investors.

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.