BancFirst Co. (NASDAQ:BANF) EVP Darryl Schmidt Buys 232 Shares

BancFirst Co. (NASDAQ:BANF) EVP Darryl Schmidt purchased 232 shares of the business’s stock in a transaction dated Monday, April 22nd. The stock was purchased at an average price of $89.71 per share, for a total transaction of $20,812.72. Following the completion of the acquisition, the executive vice president now owns 48,939 shares of the company’s stock, valued at $4,390,317.69. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

BancFirst Stock Up 2.2 %

BancFirst stock opened at $91.28 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. BancFirst Co. has a 1-year low of $68.44 and a 1-year high of $104.00. The company has a fifty day simple moving average of $86.51 and a 200 day simple moving average of $88.15. The company has a market cap of $3.01 billion, a P/E ratio of 14.92 and a beta of 1.09.

BancFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend was Wednesday, March 27th. BancFirst’s payout ratio is 28.10%.

Analysts Set New Price Targets

Separately, DA Davidson cut their target price on BancFirst from $95.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th.

Institutional Trading of BancFirst

Institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new position in shares of BancFirst during the 4th quarter worth approximately $8,818,000. Illinois Municipal Retirement Fund acquired a new position in BancFirst during the third quarter worth $909,000. Schonfeld Strategic Advisors LLC bought a new stake in BancFirst during the third quarter worth $1,242,000. Tectonic Advisors LLC lifted its stake in BancFirst by 14.0% in the fourth quarter. Tectonic Advisors LLC now owns 9,114 shares of the bank’s stock valued at $887,000 after acquiring an additional 1,118 shares during the last quarter. Finally, Diversified Trust Co grew its position in shares of BancFirst by 4.0% in the 4th quarter. Diversified Trust Co now owns 3,869 shares of the bank’s stock valued at $377,000 after acquiring an additional 150 shares during the period. Institutional investors own 51.72% of the company’s stock.

BancFirst Company 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.