Bank First Co. (NASDAQ:BFC) Stake Lifted by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in shares of Bank First Co. (NASDAQ:BFC) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,977 shares of the company’s stock after purchasing an additional 1,337 shares during the period. Bank of New York Mellon Corp owned 0.40% of Bank First worth $3,961,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC raised its position in shares of Bank First by 212.6% during the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock worth $187,000 after purchasing an additional 1,399 shares during the period. PDT Partners LLC purchased a new position in Bank First in the 3rd quarter worth about $306,000. Heck Capital Advisors LLC acquired a new stake in Bank First during the 4th quarter worth about $349,000. SG Americas Securities LLC lifted its stake in Bank First by 20.1% during the fourth quarter. SG Americas Securities LLC now owns 4,438 shares of the company’s stock valued at $440,000 after buying an additional 742 shares in the last quarter. Finally, Rosenthal Henry Capital Advisors Inc. purchased a new stake in Bank First during the fourth quarter valued at about $1,031,000. 29.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Bank First

In other Bank First news, Director Michael S. Stayer-Suprick purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was bought at an average cost of $102.07 per share, for a total transaction of $102,070.00. Following the completion of the acquisition, the director now directly owns 3,035 shares in the company, valued at $309,782.45. This represents a 49.14 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.10% of the company’s stock.

Bank First Stock Performance

Shares of BFC stock opened at $101.57 on Wednesday. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 15.63 and a beta of 0.32. Bank First Co. has a 1-year low of $74.90 and a 1-year high of $110.49. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $101.23 and its 200-day simple moving average is $98.47.

Bank First (NASDAQ:BFC) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. On average, sell-side analysts predict that Bank First Co. will post 6.9 earnings per share for the current fiscal year.

Bank First Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Wednesday, March 26th. Bank First’s dividend payout ratio is 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.