Wealth Enhancement Advisory Services LLC Buys 2,224 Shares of Bank First National Corporation $BFC

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Bank First National Corporation (NASDAQ:BFC) by 58.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,052 shares of the company’s stock after acquiring an additional 2,224 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.06% of Bank First National worth $749,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. CWM LLC raised its stake in shares of Bank First National by 176.3% during the first quarter. CWM LLC now owns 572 shares of the company’s stock valued at $58,000 after acquiring an additional 365 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Bank First National by 17,300.0% during the first quarter. GAMMA Investing LLC now owns 1,914 shares of the company’s stock valued at $193,000 after acquiring an additional 1,903 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Bank First National during the first quarter valued at $219,000. Allianz Asset Management GmbH bought a new position in shares of Bank First National during the first quarter valued at $222,000. Finally, HighTower Advisors LLC bought a new position in shares of Bank First National during the first quarter valued at $567,000. Institutional investors own 29.95% of the company’s stock.

Insider Buying and Selling at Bank First National

In other Bank First National news, Director Michael S. Stayer-Suprick acquired 410 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were purchased at an average cost of $122.67 per share, with a total value of $50,294.70. Following the completion of the purchase, the director owned 3,965 shares of the company’s stock, valued at approximately $486,386.55. This represents a 11.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.42% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank First National in a research note on Saturday, September 27th. Piper Sandler raised their price target on shares of Bank First National from $115.00 to $137.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Finally, Wall Street Zen cut shares of Bank First National from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $133.50.

Bank First National Trading Up 3.2%

NASDAQ:BFC opened at $128.34 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 18.52 and a beta of 0.39. The firm has a fifty day simple moving average of $124.56 and a two-hundred day simple moving average of $116.84. Bank First National Corporation has a 12 month low of $86.11 and a 12 month high of $132.59.

Bank First National (NASDAQ:BFC) last posted its quarterly earnings results on Friday, July 18th. The company reported $1.71 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.09). The company had revenue of $41.60 million during the quarter, compared to analyst estimates of $43.85 million. Bank First National had a return on equity of 10.92% and a net margin of 29.04%. Analysts expect that Bank First National Corporation will post 6.9 EPS for the current fiscal year.

Bank First National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 24th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 24th. Bank First National’s dividend payout ratio (DPR) is 25.97%.

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.