BancFirst Co. (NASDAQ:BANF) Shares Bought by Swiss National Bank

Swiss National Bank lifted its position in BancFirst Co. (NASDAQ:BANF) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,218 shares of the bank’s stock after purchasing an additional 300 shares during the quarter. Swiss National Bank owned about 0.13% of BancFirst worth $4,947,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its stake in BancFirst by 155.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank’s stock valued at $38,000 after acquiring an additional 191 shares during the period. AlphaQuest LLC raised its holdings in shares of BancFirst by 11.5% during the fourth quarter. AlphaQuest LLC now owns 862 shares of the bank’s stock worth $101,000 after purchasing an additional 89 shares during the last quarter. KBC Group NV raised its holdings in shares of BancFirst by 85.6% during the fourth quarter. KBC Group NV now owns 1,162 shares of the bank’s stock worth $136,000 after purchasing an additional 536 shares during the last quarter. Quantbot Technologies LP grew its position in BancFirst by 83.5% during the 3rd quarter. Quantbot Technologies LP now owns 1,464 shares of the bank’s stock worth $154,000 after purchasing an additional 666 shares during the period. Finally, Retirement Investment Advisors Inc. purchased a new position in shares of BancFirst during the 3rd quarter valued at about $200,000. 51.72% of the stock is currently owned by hedge funds and other institutional investors.

BancFirst Stock Performance

NASDAQ BANF opened at $112.52 on Tuesday. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 17.47 and a beta of 1.03. The stock has a 50-day moving average of $116.81 and a 200 day moving average of $115.64. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. BancFirst Co. has a twelve month low of $81.21 and a twelve month high of $132.29.

BancFirst (NASDAQ:BANF) last announced its earnings results on Thursday, January 23rd. The bank reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.07. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. Sell-side analysts anticipate that BancFirst Co. will post 6.52 EPS for the current fiscal year.

BancFirst Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.84 annualized dividend and a dividend yield of 1.64%. BancFirst’s dividend payout ratio (DPR) is 28.57%.

Insider Transactions at BancFirst

In other BancFirst news, Director William Scott Martin sold 10,000 shares of BancFirst stock in a transaction on Friday, February 28th. The shares were sold at an average price of $119.13, for a total transaction of $1,191,300.00. Following the sale, the director now owns 214,499 shares of the company’s stock, valued at $25,553,265.87. The trade was a 4.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Darryl Schmidt sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $122.06, for a total transaction of $610,300.00. Following the completion of the transaction, the executive vice president now directly owns 43,564 shares in the company, valued at approximately $5,317,421.84. This represents a 10.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock valued at $2,994,350 over the last 90 days. Corporate insiders own 33.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. StockNews.com raised BancFirst from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Keefe, Bruyette & Woods lifted their target price on shares of BancFirst from $117.00 to $135.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th.

BancFirst 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.