BancFirst Co. (NASDAQ:BANF) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its holdings in BancFirst Co. (NASDAQ:BANF) by 6.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,232 shares of the bank’s stock after selling 510 shares during the quarter. Yousif Capital Management LLC’s holdings in BancFirst were worth $704,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BANF. GAMMA Investing LLC acquired a new stake in BancFirst during the fourth quarter valued at $25,000. Covestor Ltd grew its position in BancFirst by 13.9% during the third quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock valued at $108,000 after buying an additional 153 shares during the period. Pathstone Family Office LLC acquired a new stake in BancFirst during the third quarter valued at $219,000. AlphaMark Advisors LLC acquired a new stake in BancFirst during the fourth quarter valued at $271,000. Finally, Lido Advisors LLC acquired a new stake in BancFirst during the third quarter valued at $293,000. Institutional investors and hedge funds own 51.72% of the company’s stock.

BancFirst Stock Performance

BANF opened at $91.62 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 14.97 and a beta of 1.07. BancFirst Co. has a 52-week low of $68.44 and a 52-week high of $104.00. The firm’s fifty day simple moving average is $86.90 and its two-hundred day simple moving average is $88.48.

BancFirst Announces Dividend

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

Wall Street Analyst Weigh In

Separately, DA Davidson dropped their price target 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.

Insider Buying and Selling at BancFirst

In other BancFirst news, EVP Dennis Jay Hannah sold 4,000 shares of the stock in a transaction 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 transaction, the executive vice president now directly owns 24,714 shares of the company’s stock, valued at $2,191,143.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, EVP Dennis Jay Hannah sold 4,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $88.66, for a total value of $354,640.00. Following the transaction, the executive vice president now directly owns 24,714 shares of the company’s stock, valued at $2,191,143.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kevin Lawrence sold 7,312 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $88.00, for a total transaction of $643,456.00. Following the completion of the transaction, the executive vice president now directly owns 10,000 shares in the company, valued at $880,000. The disclosure for this sale can be found here. Insiders have sold a total of 29,504 shares of company stock valued at $2,624,974 over the last ninety days. Corporate insiders own 33.89% of the company’s stock.

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.