American Century Companies Inc. Buys 18,861 Shares of Bank First Co. (NASDAQ:BFC)

American Century Companies Inc. raised its stake in Bank First Co. (NASDAQ:BFC) by 42.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,294 shares of the company’s stock after buying an additional 18,861 shares during the period. American Century Companies Inc. owned 0.63% of Bank First worth $6,272,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Bank First during the 4th quarter valued at $277,000. Raymond James Financial Inc. bought a new position in Bank First in the fourth quarter valued at about $287,000. Heck Capital Advisors LLC acquired a new stake in shares of Bank First during the fourth quarter valued at about $349,000. Intech Investment Management LLC bought a new stake in shares of Bank First during the fourth quarter worth about $397,000. Finally, SG Americas Securities LLC increased its stake in shares of Bank First by 20.1% in 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 during the period. Institutional investors own 29.95% of the company’s stock.

Bank First Stock Up 0.6 %

NASDAQ:BFC opened at $96.60 on Friday. Bank First Co. has a one year low of $74.90 and a one year high of $110.49. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $965.52 million, a PE ratio of 14.86 and a beta of 0.31. The firm’s 50 day simple moving average is $102.02 and its 200 day simple moving average is $99.41.

Bank First (NASDAQ:BFC) last issued its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 EPS 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, research analysts anticipate that Bank First Co. will post 6.9 earnings per share for the current year.

Bank First Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, March 26th. This represents a $1.80 annualized dividend and a dividend yield of 1.86%. Bank First’s payout ratio is 27.69%.

Insider Transactions at Bank First

In other Bank First news, Director Michael S. Stayer-Suprick acquired 1,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of $102.07 per share, with a total value of $102,070.00. Following the transaction, the director now owns 3,035 shares in the company, valued at approximately $309,782.45. The trade was a 49.14 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Daniel C. Mcconeghy bought 380 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average price of $105.72 per share, for a total transaction of $40,173.60. Following the transaction, the director now owns 2,000 shares in the company, valued at $211,440. This represents a 23.46 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.10% of the stock is owned by corporate insiders.

About Bank First

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.