Illinois Municipal Retirement Fund Has $782,000 Stock Position in BancFirst Co. (NASDAQ:BANF)

Illinois Municipal Retirement Fund lessened its holdings in BancFirst Co. (NASDAQ:BANF) by 23.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,031 shares of the bank’s stock after selling 2,449 shares during the period. Illinois Municipal Retirement Fund’s holdings in BancFirst were worth $782,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Inspire Investing LLC grew its holdings in shares of BancFirst by 3.7% during the 3rd quarter. Inspire Investing LLC now owns 3,541 shares of the bank’s stock valued at $307,000 after purchasing an additional 126 shares during the last quarter. Diversified Trust Co grew its stake in shares of BancFirst by 4.0% during the fourth quarter. Diversified Trust Co now owns 3,869 shares of the bank’s stock worth $377,000 after buying an additional 150 shares during the last quarter. Covestor Ltd grew its stake in shares of BancFirst by 13.9% during the third quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock worth $108,000 after buying an additional 153 shares during the last quarter. Alps Advisors Inc. increased its holdings in shares of BancFirst by 5.2% during the third quarter. Alps Advisors Inc. now owns 3,841 shares of the bank’s stock worth $333,000 after buying an additional 191 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of BancFirst by 3.7% in the 3rd quarter. Victory Capital Management Inc. now owns 7,911 shares of the bank’s stock valued at $686,000 after acquiring an additional 282 shares during the last quarter. Institutional investors and hedge funds own 51.72% of the company’s stock.

Insider Activity at BancFirst

In other BancFirst news, EVP Kevin Lawrence sold 7,312 shares of BancFirst stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $88.00, for a total transaction of $643,456.00. Following the transaction, the executive vice president now directly owns 10,000 shares of the company’s stock, valued at approximately $880,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Dennis Jay Hannah sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $88.66, for a total value of $354,640.00. Following the sale, the executive vice president now directly owns 24,714 shares in the company, valued at $2,191,143.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kevin Lawrence sold 7,312 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $88.00, for a total transaction of $643,456.00. Following the transaction, the executive vice president now owns 10,000 shares of the company’s stock, valued at approximately $880,000. The disclosure for this sale can be found here. Insiders sold 19,300 shares of company stock worth $1,706,128 over the last three months. Company insiders own 33.89% of the company’s stock.

BancFirst Stock Down 0.4 %

NASDAQ:BANF opened at $88.69 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.95 and a quick ratio of 0.95. BancFirst Co. has a one year low of $68.44 and a one year high of $104.00. The firm’s 50 day simple moving average is $86.67 and its 200 day simple moving average is $88.29. The company has a market cap of $2.92 billion, a PE ratio of 14.49 and a beta of 1.09.

BancFirst Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.43 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.94%. BancFirst’s dividend payout ratio is 28.10%.

Wall Street Analysts Forecast Growth

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

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.