BancFirst Co. (NASDAQ:BANF) EVP Sells $506,440.00 in Stock

BancFirst Co. (NASDAQ:BANF) EVP Randy Foraker sold 4,000 shares of BancFirst stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $126.61, for a total value of $506,440.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

BancFirst Stock Performance

Shares of NASDAQ:BANF opened at $123.82 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. BancFirst Co. has a 1-year low of $81.56 and a 1-year high of $132.29. The stock has a market capitalization of $4.12 billion, a P/E ratio of 19.23 and a beta of 0.78. The business has a 50-day moving average price of $114.74 and a two-hundred day moving average price of $118.09.

BancFirst (NASDAQ:BANF) last posted its quarterly earnings results on Thursday, April 17th. The bank reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.09. BancFirst had a net margin of 23.52% and a return on equity of 14.21%. The business had revenue of $164.84 million during the quarter, compared to the consensus estimate of $161.72 million. Equities analysts predict that BancFirst Co. will post 6.52 earnings per share for the current year.

BancFirst Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Monday, March 31st. BancFirst’s dividend payout ratio (DPR) is currently 27.84%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BANF. Norges Bank acquired a new position in BancFirst in the fourth quarter valued at about $26,649,000. Raymond James Financial Inc. bought a new stake in shares of BancFirst in the 4th quarter valued at about $11,958,000. GAMMA Investing LLC increased its stake in shares of BancFirst by 34,094.7% in the 1st quarter. GAMMA Investing LLC now owns 63,944 shares of the bank’s stock valued at $7,026,000 after acquiring an additional 63,757 shares during the last quarter. Nuveen LLC acquired a new stake in shares of BancFirst in the 1st quarter valued at approximately $6,912,000. Finally, Edgestream Partners L.P. bought a new position in BancFirst during the 1st quarter worth approximately $6,635,000. 51.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised BancFirst from a “sell” rating to a “hold” rating in a report on Monday, May 12th.

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.