JPMorgan Chase & Co. Has $2.17 Million Stock Holdings in Bank First Co. (NASDAQ:BFC)

JPMorgan Chase & Co. increased its holdings in shares of Bank First Co. (NASDAQ:BFC) by 130.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 23,865 shares of the company’s stock after purchasing an additional 13,502 shares during the period. JPMorgan Chase & Co. owned approximately 0.24% of Bank First worth $2,165,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Quest Partners LLC lifted its position in shares of Bank First by 212.6% during the 3rd 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 last quarter. PDT Partners LLC acquired a new position in Bank First in the 3rd quarter valued at approximately $306,000. SG Americas Securities LLC raised its holdings in Bank First by 91.7% in the 3rd quarter. SG Americas Securities LLC now owns 3,696 shares of the company’s stock valued at $335,000 after acquiring an additional 1,768 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Bank First by 30.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,268 shares of the company’s stock valued at $435,000 after acquiring an additional 1,237 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in 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 acquiring an additional 2,478 shares in the last quarter. Institutional investors and hedge funds own 29.95% of the company’s stock.

Analyst Ratings Changes

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

Bank First Stock Up 1.2 %

NASDAQ BFC opened at $100.08 on Wednesday. The firm has a market cap of $1.00 billion, a PE ratio of 12.29 and a beta of 0.35. Bank First Co. has a one year low of $74.90 and a one year high of $110.49. The stock’s 50 day simple moving average is $102.18 and its 200 day simple moving average is $94.64. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00.

Bank First (NASDAQ:BFC) last released 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 return on equity of 10.10% and a net margin of 32.02%. As a group, sell-side analysts forecast that Bank First Co. will post 6.35 earnings per share for the current fiscal year.

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.