BancFirst Co. (NASDAQ:BANF - Get Free Report) major shareholder Main Street Banking Partners L sold 778 shares of BancFirst stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $110.00, for a total transaction of $85,580.00. Following the transaction, the insider now directly owns 4,941,772 shares in the company, valued at $543,594,920. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Main Street Banking Partners L also recently made the following trade(s):
NASDAQ BANF traded up $0.81 during trading hours on Tuesday, reaching $110.00. The company's stock had a trading volume of 39,371 shares, compared to its average volume of 83,081. The stock has a market cap of $3.63 billion, a PE ratio of 17.97 and a beta of 1.03. BancFirst Co. has a fifty-two week low of $79.99 and a fifty-two week high of $115.62. The company's 50-day moving average is $105.12 and its two-hundred day moving average is $95.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.97 and a current ratio of 0.97.
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.46 dividend. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from BancFirst's previous quarterly dividend of $0.43. This represents a $1.84 annualized dividend and a dividend yield of 1.67%. BancFirst's dividend payout ratio (DPR) is currently 30.07%.
Several hedge funds have recently modified their holdings of the stock. BancFirst Trust & Investment Management raised its holdings in BancFirst by 50.8% in the third quarter. BancFirst Trust & Investment Management now owns 1,702,082 shares of the bank's stock valued at $177,936,000 after buying an additional 573,224 shares during the period. Edgestream Partners L.P. acquired a new position in shares of BancFirst during the first quarter valued at $4,274,000. Millennium Management LLC boosted its holdings in shares of BancFirst by 499.6% during the second quarter. Millennium Management LLC now owns 57,614 shares of the bank's stock valued at $5,053,000 after acquiring an additional 48,006 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of BancFirst by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,002,160 shares of the bank's stock valued at $87,888,000 after acquiring an additional 16,664 shares during the period. Finally, Los Angeles Capital Management LLC boosted its holdings in shares of BancFirst by 255.9% during the second quarter. Los Angeles Capital Management LLC now owns 15,750 shares of the bank's stock valued at $1,381,000 after acquiring an additional 11,324 shares during the period. 51.72% of the stock is owned by institutional investors and hedge funds.
Several research firms have commented on BANF. DA Davidson boosted their price target on shares of BancFirst from $104.00 to $110.00 and gave the stock a "neutral" rating in a report on Monday. Piper Sandler upped their target price on shares of BancFirst from $84.50 to $95.00 and gave the company an "underweight" rating in a report on Monday, July 22nd. Finally, StockNews.com cut shares of BancFirst from a "hold" rating to a "sell" rating in a research note on Wednesday, September 4th.
View Our Latest Analysis on 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.
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