Ameritas Advisory Services LLC Invests $635,000 in BancFirst Corporation $BANF

Ameritas Advisory Services LLC acquired a new position in shares of BancFirst Corporation (NASDAQ:BANF) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,020 shares of the bank’s stock, valued at approximately $635,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BANF. Advisors Asset Management Inc. raised its stake in shares of BancFirst by 108.6% during the 1st quarter. Advisors Asset Management Inc. now owns 559 shares of the bank’s stock worth $61,000 after buying an additional 291 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in BancFirst by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,844 shares of the bank’s stock valued at $1,301,000 after purchasing an additional 505 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of BancFirst by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 46,396 shares of the bank’s stock valued at $5,098,000 after purchasing an additional 3,433 shares during the period. Jane Street Group LLC acquired a new stake in shares of BancFirst in the first quarter valued at about $3,646,000. Finally, KLP Kapitalforvaltning AS increased its stake in BancFirst by 2.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 4,600 shares of the bank’s stock worth $570,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 51.72% of the company’s stock.

BancFirst Trading Up 1.5%

NASDAQ BANF opened at $117.68 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $3.92 billion, a P/E ratio of 16.53 and a beta of 0.66. The firm’s 50-day moving average is $111.74 and its two-hundred day moving average is $117.94. BancFirst Corporation has a 12 month low of $97.02 and a 12 month high of $138.77.

BancFirst (NASDAQ:BANF) last released its quarterly earnings results on Thursday, January 22nd. The bank reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $181.00 million for the quarter, compared to analyst estimates of $173.76 million. BancFirst had a return on equity of 13.93% and a net margin of 25.13%. On average, sell-side analysts anticipate that BancFirst Corporation will post 6.52 earnings per share for the current year.

BancFirst Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, December 31st. BancFirst’s payout ratio is currently 27.53%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BANF shares. Wall Street Zen lowered BancFirst from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Keefe, Bruyette & Woods raised their price target on shares of BancFirst from $120.00 to $123.00 and gave the stock a “market perform” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of BancFirst in a research note on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, BancFirst has a consensus rating of “Hold” and an average price target of $129.50.

About BancFirst

BancFirst Corporation is a regional banking holding company based in Oklahoma City, Oklahoma. As the largest state‐chartered bank in Oklahoma, BancFirst offers a comprehensive suite of financial services to individuals, businesses and government entities. Its core business activities include commercial and consumer banking, mortgage lending, treasury management, equipment financing and electronic banking solutions.

The bank operates a network of more than 60 branches across Oklahoma, serving urban centers such as Oklahoma City and Tulsa, as well as rural communities throughout the state.