American Century Companies Inc. Has $14.30 Million Holdings in BancFirst Corporation $BANF

American Century Companies Inc. cut its holdings in shares of BancFirst Corporation (NASDAQ:BANF) by 31.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 113,044 shares of the bank’s stock after selling 51,116 shares during the quarter. American Century Companies Inc. owned 0.34% of BancFirst worth $14,295,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its stake in BancFirst by 2.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 4,652 shares of the bank’s stock worth $588,000 after acquiring an additional 100 shares during the period. Triton Financial Group Inc lifted its position in shares of BancFirst by 0.7% during the 3rd quarter. Triton Financial Group Inc now owns 14,592 shares of the bank’s stock valued at $1,845,000 after acquiring an additional 101 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of BancFirst by 26.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 507 shares of the bank’s stock worth $64,000 after purchasing an additional 105 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of BancFirst by 55.0% in the third quarter. Smartleaf Asset Management LLC now owns 341 shares of the bank’s stock worth $44,000 after purchasing an additional 121 shares during the period. Finally, Bank of Montreal Can increased its position in shares of BancFirst by 2.8% in the second quarter. Bank of Montreal Can now owns 4,926 shares of the bank’s stock worth $609,000 after purchasing an additional 134 shares during the period. 51.72% of the stock is currently owned by institutional investors and hedge funds.

BancFirst Price Performance

BancFirst stock opened at $107.00 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.03 and a current ratio of 1.03. BancFirst Corporation has a 52 week low of $97.02 and a 52 week high of $138.77. The stock has a market capitalization of $3.59 billion, a P/E ratio of 15.03 and a beta of 0.65. The stock has a fifty day moving average of $112.45 and a 200-day moving average of $116.49.

BancFirst (NASDAQ:BANF) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). The business had revenue of $181.00 million during the quarter, compared to analyst estimates of $173.76 million. BancFirst had a net margin of 25.05% and a return on equity of 13.68%. On average, sell-side analysts expect that BancFirst Corporation will post 6.52 earnings per share for the current fiscal year.

BancFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, March 31st. BancFirst’s dividend payout ratio is currently 27.53%.

Analyst Ratings Changes

Several research firms recently weighed in on BANF. Weiss Ratings reaffirmed a “buy (b)” rating on shares of BancFirst in a research report on Monday, December 22nd. DA Davidson reissued a “neutral” rating and issued a $125.00 target price on shares of BancFirst in a report on Monday. Finally, Keefe, Bruyette & Woods boosted their target price on shares of BancFirst from $120.00 to $123.00 and gave the company a “market perform” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $124.00.

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.