Bank First National Corporation (NASDAQ:BFC) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its stake in Bank First National Corporation (NASDAQ:BFC) by 15.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,828 shares of the company’s stock after selling 703 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Bank First National were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BFC. Commonwealth Equity Services LLC raised its holdings in shares of Bank First National by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,731 shares of the company’s stock worth $469,000 after purchasing an additional 105 shares in the last quarter. Mariner LLC raised its holdings in shares of Bank First National by 4.7% in the 4th quarter. Mariner LLC now owns 2,497 shares of the company’s stock worth $247,000 after purchasing an additional 112 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Bank First National by 1.2% in the 4th quarter. Citadel Advisors LLC now owns 10,264 shares of the company’s stock worth $1,017,000 after purchasing an additional 119 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Bank First National by 2.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,506 shares of the company’s stock worth $546,000 after purchasing an additional 124 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Bank First National by 4.2% in the 4th quarter. Renaissance Technologies LLC now owns 5,000 shares of the company’s stock worth $495,000 after purchasing an additional 200 shares in the last quarter. 29.95% of the stock is owned by institutional investors and hedge funds.

Bank First National Stock Up 0.5%

Shares of NASDAQ:BFC opened at $123.67 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $1.23 billion, a PE ratio of 18.16 and a beta of 0.39. Bank First National Corporation has a 52 week low of $79.53 and a 52 week high of $125.27. The firm has a 50 day simple moving average of $115.17 and a 200 day simple moving average of $106.24.

Bank First National (NASDAQ:BFC) last issued its quarterly earnings results on Tuesday, April 15th. The company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.62 by $0.20. The business had revenue of $43.10 million during the quarter, compared to the consensus estimate of $41.80 million. Bank First National had a net margin of 29.22% and a return on equity of 10.73%. As a group, research analysts expect that Bank First National Corporation will post 6.9 earnings per share for the current year.

Bank First National Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were given a $3.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This is an increase from Bank First National’s previous dividend of $0.20. Bank First National’s dividend payout ratio is 26.43%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Piper Sandler boosted their target price on shares of Bank First National from $110.00 to $111.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Hovde Group upgraded shares of Bank First National from a “market perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a report on Tuesday, May 6th.

Bank First National Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.