BancFirst Co. (NASDAQ:BANF) EVP Dennis L. Brand bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 13th. The stock was bought at an average cost of $54.50 per share, for a total transaction of $272,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
BANF opened at $55.24 on Friday. The firm has a market cap of $1.81 billion, a P/E ratio of 12.53 and a beta of 1.42. BancFirst Co. has a 12 month low of $39.20 and a 12 month high of $77.38. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average of $56.51 and a 200 day moving average of $64.63.
BancFirst (NASDAQ:BANF) last released its quarterly earnings results on Monday, July 19th. The bank reported $1.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.32. The company had revenue of $126.98 million during the quarter, compared to analyst estimates of $114.60 million. BancFirst had a return on equity of 13.55% and a net margin of 30.54%. On average, research analysts forecast that BancFirst Co. will post 4.95 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its position in shares of BancFirst by 18.6% during the first quarter. First Trust Advisors LP now owns 70,698 shares of the bank’s stock valued at $3,687,000 after buying an additional 11,086 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new position in shares of BancFirst during the first quarter valued at approximately $141,000. Victory Capital Management Inc. boosted its position in shares of BancFirst by 4.9% during the first quarter. Victory Capital Management Inc. now owns 6,743 shares of the bank’s stock valued at $477,000 after buying an additional 314 shares during the period. Swiss National Bank boosted its position in shares of BancFirst by 1.0% during the first quarter. Swiss National Bank now owns 41,118 shares of the bank’s stock valued at $2,907,000 after buying an additional 400 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in shares of BancFirst by 134.7% during the first quarter. BNP Paribas Arbitrage SA now owns 9,432 shares of the bank’s stock valued at $667,000 after buying an additional 5,414 shares during the period. Institutional investors own 37.57% of the company’s stock.
A number of research firms have commented on BANF. Zacks Investment Research raised BancFirst from a “sell” rating to a “hold” rating in a report on Friday, August 13th. DA Davidson reissued a “neutral” rating on shares of BancFirst in a report on Monday, July 19th.
BancFirst Corp. is a bank holding company, which provides retail and commercial banking services. Its services include: commercial, real estate, agricultural and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; retail brokerage services; and other services tailored for both individual and corporate customers.
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