Dennis Jay Hannah Sells 5,496 Shares of BancFirst Co. (NASDAQ:BANF) Stock

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 5,496 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $92.23, for a total transaction of $506,896.08. Following the sale, the executive vice president now directly owns 10,714 shares of the company’s stock, valued at $988,152.22. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, May 3rd, Dennis Jay Hannah sold 204 shares of BancFirst stock. The stock was sold at an average price of $92.38, for a total transaction of $18,845.52.
• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The shares were sold at an average price of $92.06, for a total transaction of $27,618.00.
• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The stock was sold at an average price of $90.07, for a total value 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 value 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 value of $353,800.00.

BancFirst Stock Performance

NASDAQ BANF opened at $91.91 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 15.02 and a beta of 1.07. The company’s fifty day moving average is $87.18 and its two-hundred day moving average is $88.63. BancFirst Co. has a 52-week low of $71.37 and a 52-week high of $104.00.

BancFirst Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.43 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.72 annualized dividend and a yield of 1.87%. BancFirst’s dividend payout ratio is 28.10%.

Institutional Trading of BancFirst

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC acquired a new stake in BancFirst in the 4th quarter worth $25,000. Global Retirement Partners LLC acquired a new stake in BancFirst in the 1st quarter worth $35,000. Benjamin F. Edwards & Company Inc. grew its position in BancFirst by 557.1% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock worth $45,000 after purchasing an additional 429 shares during the last quarter. Covestor Ltd boosted its position in shares of BancFirst by 13.9% during the 3rd quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock valued at $108,000 after acquiring an additional 153 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of BancFirst during the 1st quarter valued at about $137,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

About BancFirst

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.