Bank First National Corporation $BFC Shares Sold by F m Investments LLC

F m Investments LLC lowered its holdings in shares of Bank First National Corporation (NASDAQ:BFC) by 72.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,500 shares of the company’s stock after selling 22,500 shares during the period. F m Investments LLC’s holdings in Bank First National were worth $1,035,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in Bank First National during the 3rd quarter worth $48,000. Russell Investments Group Ltd. acquired a new stake in shares of Bank First National in the 3rd quarter worth $94,000. BNP Paribas Financial Markets lifted its stake in shares of Bank First National by 22.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 816 shares of the company’s stock worth $96,000 after acquiring an additional 150 shares during the period. CWM LLC lifted its stake in shares of Bank First National by 34.7% in the 3rd quarter. CWM LLC now owns 901 shares of the company’s stock worth $109,000 after acquiring an additional 232 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Bank First National by 118.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,129 shares of the company’s stock worth $133,000 after acquiring an additional 612 shares during the period. Institutional investors and hedge funds own 29.95% of the company’s stock.

Bank First National Price Performance

BFC stock opened at $146.62 on Monday. The company has a fifty day moving average of $138.67 and a 200-day moving average of $133.86. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $1.65 billion, a PE ratio of 20.39 and a beta of 0.44. Bank First National Corporation has a one year low of $109.11 and a one year high of $152.99.

Bank First National (NASDAQ:BFC) last announced its quarterly earnings results on Thursday, April 16th. The company reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.40 by ($0.16). The company had revenue of $74.28 million during the quarter, compared to analysts’ expectations of $65.70 million. Bank First National had a net margin of 27.49% and a return on equity of 12.79%. During the same quarter in the prior year, the business earned $1.82 EPS. As a group, analysts expect that Bank First National Corporation will post 9.5 EPS for the current year.

Bank First National Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 24th will be issued a $0.55 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Bank First National’s previous quarterly dividend of $0.50. Bank First National’s payout ratio is 27.82%.

Wall Street Analyst Weigh In

Several analysts have recently commented on BFC shares. Zacks Research cut shares of Bank First National from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of Bank First National from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, April 16th. Wall Street Zen cut shares of Bank First National from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 25th. Scotiabank upgraded shares of Bank First National to a “sector outperform” rating in a research note on Monday, January 26th. Finally, Piper Sandler raised their target price on shares of Bank First National from $150.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $153.50.

Insider Activity

In related news, Director Todd A. Sprang purchased 450 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The stock was acquired at an average price of $138.96 per share, for a total transaction of $62,532.00. Following the acquisition, the director directly owned 2,015 shares of the company’s stock, valued at $280,004.40. This trade represents a 28.75% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael S. Stayer-Suprick purchased 225 shares of the business’s stock in a transaction dated Tuesday, April 21st. The stock was bought at an average price of $140.04 per share, with a total value of $31,509.00. Following the acquisition, the director directly owned 4,597 shares in the company, valued at approximately $643,763.88. This represents a 5.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 4.97% of the company’s stock.

Bank First National Company Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.