BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 5,496 Shares

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 5,496 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $92.23, for a total transaction of $506,896.08. Following the completion of the transaction, the executive vice president now owns 10,714 shares in the company, valued at approximately $988,152.22. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, May 3rd, Dennis Jay Hannah sold 204 shares of BancFirst stock. The stock was sold at an average price of $92.38, for a total transaction of $18,845.52.
• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The stock was sold at an average price of $92.06, for a total transaction 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 transaction of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was sold at an average price of $88.66, for a total transaction 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 transaction of $353,800.00.

BancFirst Trading Down 0.5 %

BancFirst stock opened at $91.43 on Wednesday. The firm has a 50 day moving average of $87.08 and a 200 day moving average of $88.60. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 14.94 and a beta of 1.07. BancFirst Co. has a 12-month low of $71.37 and a 12-month high of $104.00. 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 Dividend Announcement

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

Institutional Investors Weigh In On BancFirst

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in BancFirst during the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new stake in BancFirst during the 1st quarter valued at approximately $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 valued at $45,000 after buying an additional 429 shares in the last quarter. Covestor Ltd grew its holdings in BancFirst by 13.9% during 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 in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in BancFirst during the 1st quarter valued at approximately $137,000. 51.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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