BancFirst Co. (NASDAQ:BANF) EVP Purchases $20,812.72 in Stock

BancFirst Co. (NASDAQ:BANF) EVP Darryl Schmidt purchased 232 shares of BancFirst stock in a transaction that occurred on Monday, April 22nd. The stock was acquired at an average price of $89.71 per share, with a total value of $20,812.72. Following the transaction, the executive vice president now owns 48,939 shares in the company, valued at $4,390,317.69. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

BancFirst Stock Down 0.9 %

Shares of BancFirst stock opened at $91.57 on Thursday. The company has a market cap of $3.02 billion, a P/E ratio of 14.96 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.95 and a current ratio of 0.95. BancFirst Co. has a one year low of $68.44 and a one year high of $104.00. The firm has a fifty day moving average of $86.65 and a two-hundred day moving average of $88.18.

BancFirst Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.88%. BancFirst’s payout ratio is currently 28.10%.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On BancFirst

A number of large investors have recently made changes to their positions in BANF. Norges Bank purchased a new position in shares of BancFirst in the 4th quarter valued at about $23,802,000. International Assets Investment Management LLC purchased a new position in shares of BancFirst in the 4th quarter valued at about $8,818,000. BancFirst Trust & Investment Management increased its holdings in shares of BancFirst by 4.2% in the 1st quarter. BancFirst Trust & Investment Management now owns 1,127,415 shares of the bank’s stock valued at $99,246,000 after purchasing an additional 45,629 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of BancFirst by 11.5% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 246,742 shares of the bank’s stock valued at $21,400,000 after purchasing an additional 25,541 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of BancFirst by 32.4% in the 3rd quarter. Invesco Ltd. now owns 87,866 shares of the bank’s stock valued at $7,621,000 after purchasing an additional 21,521 shares in the last quarter. Hedge funds and other institutional investors own 51.72% of the company’s stock.

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.