Swiss National Bank Has $3.84 Million Stock Holdings in BancFirst Co. (NASDAQ:BANF)

Swiss National Bank raised its position in BancFirst Co. (NASDAQ:BANF – Get Rating) by 1.9% in the 4th quarter, HoldingsChannel reports. The fund owned 43,518 shares of the bank’s stock after purchasing an additional 800 shares during the period. Swiss National Bank’s holdings in BancFirst were worth $3,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in BancFirst in the 3rd quarter valued at approximately $299,000. Cubist Systematic Strategies LLC raised its holdings in BancFirst by 2,229.6% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 91,881 shares of the bank’s stock valued at $8,221,000 after acquiring an additional 87,937 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in BancFirst by 18.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 9,252 shares of the bank’s stock valued at $828,000 after acquiring an additional 1,416 shares in the last quarter. Pinkerton Retirement Specialists LLC acquired a new position in BancFirst in the 3rd quarter valued at approximately $687,000. Finally, Inspire Investing LLC acquired a new position in BancFirst in the 3rd quarter valued at approximately $209,000. Institutional investors and hedge funds own 45.85% of the company’s stock.

BancFirst Trading Down 1.3 %

BANF stock opened at $81.39 on Friday. BancFirst Co. has a 1-year low of $68.44 and a 1-year high of $118.07. The firm has a market cap of $2.68 billion, a P/E ratio of 12.70 and a beta of 1.06. The business’s 50 day moving average is $80.51 and its 200-day moving average is $87.24. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.07.

BancFirst (NASDAQ:BANF – Get Rating) last released its quarterly earnings results on Tuesday, April 25th. The bank reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.04. BancFirst had a return on equity of 17.38% and a net margin of 31.83%. Equities analysts anticipate that BancFirst Co. will post 6.27 earnings per share for the current fiscal year.

BancFirst Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 17th. Investors of record on Friday, March 31st were given a dividend of $0.40 per share. The ex-dividend date was Thursday, March 30th. This represents a $1.60 dividend on an annualized basis and a yield of 1.97%. BancFirst’s dividend payout ratio (DPR) is presently 24.96%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Piper Sandler lowered their price objective on BancFirst from $84.00 to $73.00 in a research note on Wednesday, April 26th. StockNews.com assumed coverage on BancFirst in a research note on Thursday. They issued a “sell” rating on the stock.

Insider Buying and Selling

In related news, EVP Kevin Lawrence sold 2,291 shares of the stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $92.00, for a total transaction of $210,772.00. Following the sale, the executive vice president now directly owns 10,000 shares in the company, valued at approximately $920,000. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director H E. Rainbolt acquired 700 shares of the firm’s stock in a transaction on Wednesday, April 26th. The shares were purchased at an average cost of $74.08 per share, for a total transaction of $51,856.00. Following the transaction, the director now owns 706 shares of the company’s stock, valued at $52,300.48. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kevin Lawrence sold 2,291 shares of the stock in a transaction on Monday, February 27th. The shares were sold at an average price of $92.00, for a total value of $210,772.00. Following the completion of the transaction, the executive vice president now owns 10,000 shares in the company, valued at $920,000. The disclosure for this sale can be found here. Insiders have acquired a total of 6,700 shares of company stock worth $492,106 in the last three months. Insiders own 35.70% of the company’s stock.

About BancFirst

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BancFirst Corp. is a bank holding company, which provides retail and commercial banking services. Its services include commercial, real estate, agricultural and consumer lending, depository and funds transfer services, collections, safe deposit boxes, cash management services, retail brokerage services, and other services tailored for both individual and corporate customers.