BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 5,496 Shares

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 5,496 shares of BancFirst stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $92.23, for a total transaction of $506,896.08. Following the completion of the transaction, the executive vice president now owns 10,714 shares of the company’s stock, valued at approximately $988,152.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, May 3rd, Dennis Jay Hannah sold 204 shares of BancFirst stock. The shares were sold at an average price of $92.38, for a total transaction of $18,845.52.
• 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 transaction 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 shares were 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 Trading Down 0.5 %

Shares of BancFirst stock opened at $91.43 on Wednesday. BancFirst Co. has a 1 year low of $71.37 and a 1 year high of $104.00. The firm has a market cap of $3.01 billion, a PE ratio of 14.94 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.95 and a quick ratio of 0.95. The company has a 50 day simple moving average of $87.08 and a two-hundred day simple moving average of $88.60.

BancFirst Announces Dividend

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 dividend of $0.43 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.72 annualized dividend and a yield of 1.88%. BancFirst’s payout ratio is presently 28.10%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On BancFirst

Several hedge funds have recently bought and sold shares of the stock. Inspire Investing LLC lifted its position in BancFirst by 3.7% during the third quarter. Inspire Investing LLC now owns 3,541 shares of the bank’s stock valued at $307,000 after purchasing an additional 126 shares during the last quarter. Diversified Trust Co lifted its holdings in shares of BancFirst by 4.0% in the 4th quarter. Diversified Trust Co now owns 3,869 shares of the bank’s stock worth $377,000 after acquiring an additional 150 shares during the last quarter. Covestor Ltd lifted its holdings in shares of BancFirst by 13.9% in the 3rd quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock worth $108,000 after acquiring an additional 153 shares during the last quarter. Texas Permanent School Fund Corp lifted its holdings in shares of BancFirst by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 12,682 shares of the bank’s stock worth $1,116,000 after acquiring an additional 168 shares during the last quarter. Finally, Alps Advisors Inc. lifted its holdings in shares of BancFirst by 5.2% in the 3rd quarter. Alps Advisors Inc. now owns 3,841 shares of the bank’s stock worth $333,000 after acquiring an additional 191 shares during the last quarter. 51.72% of the stock is currently owned by 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.