Dennis Jay Hannah Sells 300 Shares of BancFirst Co. (NASDAQ:BANF) Stock

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $92.06, for a total transaction of $27,618.00. Following the sale, the executive vice president now directly owns 18,414 shares in the company, valued at $1,695,192.84. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Dennis Jay Hannah also recently made the following trade(s):

• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The shares were sold at an average price of $90.07, for a total transaction of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The shares were sold at an average price of $88.66, for a total transaction of $354,640.00.
• On Friday, February 9th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was sold at an average price of $88.45, for a total transaction of $353,800.00.

BancFirst Stock Performance

BANF opened at $89.32 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. The company’s fifty day moving average price is $86.74 and its two-hundred day moving average price is $88.21. BancFirst Co. has a 1-year low of $68.44 and a 1-year high of $104.00. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 14.59 and a beta of 1.09.

BancFirst Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.72 annualized dividend and a yield of 1.93%. BancFirst’s payout ratio is 28.10%.

Wall Street Analyst Weigh In

Separately, DA Davidson cut their target price on shares of BancFirst from $95.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th.

Institutional Trading of BancFirst

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC purchased a new stake in shares of BancFirst in the fourth quarter valued at about $25,000. Global Retirement Partners LLC purchased a new stake in shares of BancFirst in the first quarter valued at about $35,000. Covestor Ltd raised its holdings in shares of BancFirst by 13.9% in the third quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock valued at $108,000 after purchasing an additional 153 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of BancFirst in the third quarter valued at about $140,000. Finally, D.A. Davidson & CO. purchased a new stake in shares of BancFirst in the fourth quarter valued at about $216,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

BancFirst Company Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.