BancFirst Co. (NASDAQ:BANF) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in BancFirst Co. (NASDAQ:BANF) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,232 shares of the bank’s stock after selling 510 shares during the quarter. Yousif Capital Management LLC’s holdings in BancFirst were worth $704,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Inspire Investing LLC increased its stake in BancFirst by 3.7% in the 3rd quarter. Inspire Investing LLC now owns 3,541 shares of the bank’s stock valued at $307,000 after buying an additional 126 shares during the period. Diversified Trust Co increased its stake in 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 buying an additional 150 shares during the period. Covestor Ltd increased its stake 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 buying an additional 153 shares during the period. Alps Advisors Inc. increased its stake in BancFirst by 5.2% in the 3rd quarter. Alps Advisors Inc. now owns 3,841 shares of the bank’s stock valued at $333,000 after buying an additional 191 shares during the period. Finally, Victory Capital Management Inc. grew its stake in shares of BancFirst by 3.7% during the 3rd quarter. Victory Capital Management Inc. now owns 7,911 shares of the bank’s stock worth $686,000 after purchasing an additional 282 shares during the period. 51.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Transactions at BancFirst

In related news, EVP Kevin Lawrence sold 10,000 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $90.00, for a total value of $900,000.00. Following the sale, the executive vice president now directly owns 10,000 shares of the company’s stock, valued at approximately $900,000. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, EVP Kevin Lawrence sold 10,000 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $90.00, for a total value of $900,000.00. Following the sale, the executive vice president now directly owns 10,000 shares of the company’s stock, valued at approximately $900,000. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Dennis Jay Hannah sold 4,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $88.66, for a total transaction of $354,640.00. Following the completion of the sale, the executive vice president now directly owns 24,714 shares in the company, valued at $2,191,143.24. The disclosure for this sale can be found here. Insiders have sold a total of 29,504 shares of company stock valued at $2,624,974 in the last ninety days. 33.89% of the stock is currently owned by company insiders.

BancFirst Stock Performance

NASDAQ:BANF opened at $91.62 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.06. BancFirst Co. has a fifty-two week low of $68.44 and a fifty-two week high of $104.00. The stock has a market cap of $3.02 billion, a PE ratio of 14.97 and a beta of 1.07. The firm’s fifty day simple moving average is $86.90 and its 200-day simple moving average is $88.48.

BancFirst Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid 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 dividend yield of 1.88%. BancFirst’s dividend payout ratio (DPR) is presently 28.10%.

BancFirst 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.