Aviva PLC Has $933,000 Stock Holdings in BancFirst Co. (NASDAQ:BANF)

Aviva PLC lowered its stake in BancFirst Co. (NASDAQ:BANF – Get Rating) by 33.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,579 shares of the bank’s stock after selling 5,259 shares during the quarter. Aviva PLC’s holdings in BancFirst were worth $933,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of BancFirst during the 3rd quarter worth approximately $299,000. Cubist Systematic Strategies LLC raised its holdings in shares of BancFirst by 2,229.6% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 91,881 shares of the bank’s stock valued at $8,221,000 after purchasing an additional 87,937 shares during the period. Los Angeles Capital Management LLC lifted its stake in BancFirst by 18.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 9,252 shares of the bank’s stock valued at $828,000 after purchasing an additional 1,416 shares during the last quarter. Pinkerton Retirement Specialists LLC bought a new position in BancFirst during the third quarter worth about $687,000. Finally, Inspire Investing LLC acquired a new position in BancFirst during the third quarter worth approximately $209,000. Institutional investors own 45.85% of the company’s stock.

BancFirst Price Performance

Shares of NASDAQ BANF opened at $81.39 on Monday. The business’s 50 day moving average is $80.51 and its 200-day moving average is $87.18. The firm has a market cap of $2.68 billion, a P/E ratio of 12.70 and a beta of 1.06. BancFirst Co. has a 1-year low of $68.44 and a 1-year 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.

BancFirst (NASDAQ:BANF – Get Rating) last announced its earnings results on Tuesday, April 25th. The bank reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.04. BancFirst had a net margin of 31.83% and a return on equity of 17.38%. Equities research analysts predict that BancFirst Co. will post 6.27 earnings per share for the current year.

BancFirst Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 17th. Stockholders of record on Friday, March 31st were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, March 30th. This represents a $1.60 annualized dividend and a dividend yield of 1.97%. BancFirst’s dividend payout ratio is presently 24.96%.

Wall Street Analyst Weigh In

A number of research firms have commented on BANF. StockNews.com began coverage on shares of BancFirst in a research report on Thursday. They set a “sell” rating for the company. Piper Sandler reduced their target price on shares of BancFirst from $84.00 to $73.00 in a report on Wednesday, April 26th.

Insider Activity at BancFirst

In other news, EVP Dennis L. Brand purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, April 26th. The stock was bought at an average price of $73.75 per share, with a total value of $368,750.00. Following the acquisition, the executive vice president now owns 37,000 shares in the company, valued at approximately $2,728,750. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Dennis L. Brand acquired 5,000 shares of the stock in a transaction on Wednesday, April 26th. The stock was acquired at an average cost of $73.75 per share, for a total transaction of $368,750.00. Following the completion of the transaction, the executive vice president now directly owns 37,000 shares in the company, valued at $2,728,750. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director H E. Rainbolt bought 700 shares of BancFirst stock in a transaction on Wednesday, April 26th. The stock was acquired at an average cost of $74.08 per share, for a total transaction of $51,856.00. Following the acquisition, the director now owns 706 shares in the company, valued at approximately $52,300.48. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 6,700 shares of company stock worth $492,106. Company insiders own 35.70% of the company’s stock.

BancFirst Company Profile

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BancFirst Corp. is a bank holding company, which provides retail and commercial banking services. Its services include commercial, real estate, agricultural and consumer lending, depository and funds transfer services, collections, safe deposit boxes, cash management services, retail brokerage services, and other services tailored for both individual and corporate customers.