SG Americas Securities LLC Buys 742 Shares of Bank First Co. (NASDAQ:BFC)

SG Americas Securities LLC raised its stake in Bank First Co. (NASDAQ:BFC) by 20.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,438 shares of the company’s stock after purchasing an additional 742 shares during the quarter. SG Americas Securities LLC’s holdings in Bank First were worth $440,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Quest Partners LLC raised its stake in Bank First by 212.6% in the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock worth $187,000 after buying an additional 1,399 shares in the last quarter. PDT Partners LLC bought a new position in shares of Bank First in the 3rd quarter worth approximately $306,000. Marshall Wace LLP lifted its stake in shares of Bank First by 61.4% in the 2nd quarter. Marshall Wace LLP now owns 6,513 shares of the company’s stock valued at $538,000 after purchasing an additional 2,478 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Bank First by 1.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock valued at $1,037,000 after purchasing an additional 155 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Bank First by 158.0% in the second quarter. Dimensional Fund Advisors LP now owns 12,579 shares of the company’s stock worth $1,039,000 after purchasing an additional 7,703 shares during the period. Hedge funds and other institutional investors own 29.95% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler boosted their target price on shares of Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, October 17th.

Bank First Price Performance

BFC stock opened at $101.18 on Monday. 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 firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 15.57 and a beta of 0.35. The firm has a 50 day moving average price of $101.87 and a 200-day moving average price of $95.57. Bank First Co. has a 52-week low of $74.90 and a 52-week high of $110.49.

Bank First (NASDAQ:BFC) last released its earnings results on Tuesday, January 21st. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. Equities research analysts forecast that Bank First Co. will post 6.9 EPS for the current fiscal year.

Bank First Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, March 26th. This represents a $1.80 dividend on an annualized basis and a yield of 1.78%. Bank First’s payout ratio is currently 27.69%.

Bank First Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.