BancFirst Co. (NASDAQ:BANF – Get Rating) EVP Darryl Schmidt purchased 232 shares of the stock in a transaction dated Monday, January 23rd. The shares were bought at an average cost of $82.57 per share, for a total transaction of $19,156.24. Following the completion of the purchase, the executive vice president now owns 48,029 shares in the company, valued at $3,965,754.53. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
BancFirst Stock Performance
Shares of BANF stock opened at $82.46 on Tuesday. The company’s fifty day simple moving average is $91.94 and its 200-day simple moving average is $97.15. BancFirst Co. has a 52 week low of $73.01 and a 52 week high of $118.07. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.07. The company has a market cap of $2.71 billion, a PE ratio of 14.29 and a beta of 1.13.
BancFirst Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, January 16th. Investors of record on Saturday, December 31st were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Thursday, December 29th. BancFirst’s payout ratio is 27.73%.
Institutional Investors Weigh In On BancFirst
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Piper Sandler lowered their price target on shares of BancFirst from $97.00 to $84.00 and set an “underweight” rating on the stock in a research report on Monday. DA Davidson increased their price target on shares of BancFirst to $105.00 in a research note on Thursday, October 27th. Finally, StockNews.com downgraded shares of BancFirst from a “hold” rating to a “sell” rating in a research note on Monday.
About BancFirst
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. It operates through Metropolitan Banks, Community Banks, Pegasus Bank, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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