BancFirst Co. (NASDAQ:BANF) EVP Sells $27,618.00 in Stock

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 300 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $92.06, for a total value of $27,618.00. Following the sale, the executive vice president now directly owns 18,414 shares in the company, valued at approximately $1,695,192.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Dennis Jay Hannah also recently made the following trade(s):

• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The shares were sold at an average price of $90.07, for a total value of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The shares were sold at an average price of $88.66, for a total value of $354,640.00.
• On Friday, February 9th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The shares were sold at an average price of $88.45, for a total value of $353,800.00.

BancFirst Price Performance

Shares of NASDAQ BANF opened at $89.32 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $2.94 billion, a PE ratio of 14.59 and a beta of 1.09. The business has a 50-day simple moving average of $86.74 and a two-hundred day simple moving average of $88.21. BancFirst Co. has a fifty-two week low of $68.44 and a fifty-two week high of $104.00.

BancFirst Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, March 27th. BancFirst’s dividend payout ratio is presently 28.10%.

Institutional Investors Weigh In On BancFirst

A number of institutional investors and hedge funds have recently modified their holdings of the company. BancFirst Trust & Investment Management lifted its holdings in shares of BancFirst by 4.2% during the first quarter. BancFirst Trust & Investment Management now owns 1,127,415 shares of the bank’s stock worth $99,246,000 after purchasing an additional 45,629 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of BancFirst by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 963,163 shares of the bank’s stock worth $93,748,000 after purchasing an additional 9,751 shares during the period. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of BancFirst by 11.5% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 246,742 shares of the bank’s stock worth $21,400,000 after purchasing an additional 25,541 shares during the period. Norges Bank acquired a new stake in shares of BancFirst during the fourth quarter worth about $23,802,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of BancFirst by 7.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 169,562 shares of the bank’s stock worth $16,503,000 after purchasing an additional 12,457 shares during the period. Institutional investors and hedge funds own 51.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, DA Davidson lowered their price target on BancFirst from $95.00 to $92.00 and set a “neutral” rating for the company in a report on Friday, January 19th.

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. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.