Dennis Jay Hannah Sells 204 Shares of BancFirst Co. (NASDAQ:BANF) Stock

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 204 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $92.38, for a total transaction of $18,845.52. Following the completion of the sale, the executive vice president now directly owns 16,210 shares in the company, valued at approximately $1,497,479.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The shares were sold at an average price of $92.06, for a total value of $27,618.00.
• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The stock was 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 stock was sold at an average price of $88.45, for a total value of $353,800.00.

BancFirst Stock Performance

NASDAQ BANF opened at $91.62 on Friday. BancFirst Co. has a 1-year low of $68.44 and a 1-year high of $104.00. The company has a 50 day moving average of $86.90 and a 200-day moving average of $88.45. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 14.97 and a beta of 1.07.

BancFirst Dividend Announcement

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

Hedge Funds Weigh In On BancFirst

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC bought a new stake in shares of BancFirst during the fourth quarter worth $25,000. Global Retirement Partners LLC acquired a new position in BancFirst during the 1st quarter worth about $35,000. Benjamin F. Edwards & Company Inc. grew its holdings in BancFirst by 557.1% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock worth $45,000 after acquiring an additional 429 shares during the last quarter. Covestor Ltd increased its position in BancFirst by 13.9% in the 3rd quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock valued at $108,000 after acquiring an additional 153 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in BancFirst in the 4th quarter valued at about $216,000. Institutional investors own 51.72% of the company’s stock.

Analysts Set New Price Targets

Separately, DA Davidson lowered their target price on shares of BancFirst from $95.00 to $92.00 and set a “neutral” rating on the stock in a 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.