BancFirst Co. (NASDAQ:BANF) EVP Sells $18,845.52 in Stock

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 204 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $92.38, for a total value of $18,845.52. Following the completion of the sale, the executive vice president now owns 16,210 shares of the company’s stock, valued at $1,497,479.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The stock was 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 transaction of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was 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 shares were sold at an average price of $88.45, for a total value of $353,800.00.

BancFirst Trading Down 0.3 %

Shares of NASDAQ BANF opened at $91.62 on Monday. The company’s 50 day simple moving average is $86.90 and its 200 day simple moving average is $88.48. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.95 and a quick ratio of 0.95. BancFirst Co. has a fifty-two week low of $68.44 and a fifty-two week high of $104.00. The firm has a market capitalization of $3.02 billion, a P/E ratio of 14.97 and a beta of 1.07.

BancFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.43 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.88%. BancFirst’s dividend payout ratio (DPR) is presently 28.10%.

Hedge Funds Weigh In On BancFirst

Several hedge funds have recently added to or reduced their stakes in BANF. Inspire Investing LLC grew its position in shares of BancFirst by 3.7% during the 3rd quarter. Inspire Investing LLC now owns 3,541 shares of the bank’s stock worth $307,000 after buying an additional 126 shares during the period. Diversified Trust Co raised its stake in BancFirst by 4.0% during the 4th quarter. Diversified Trust Co now owns 3,869 shares of the bank’s stock worth $377,000 after buying an additional 150 shares during the period. Covestor Ltd lifted its holdings in BancFirst by 13.9% during the third quarter. Covestor Ltd now owns 1,250 shares of the bank’s stock worth $108,000 after acquiring an additional 153 shares in the last quarter. Alps Advisors Inc. grew its stake in BancFirst by 5.2% in the third quarter. Alps Advisors Inc. now owns 3,841 shares of the bank’s stock valued at $333,000 after acquiring an additional 191 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of BancFirst by 3.7% in the third quarter. Victory Capital Management Inc. now owns 7,911 shares of the bank’s stock worth $686,000 after acquiring an additional 282 shares in the last quarter. Institutional investors and hedge funds own 51.72% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson dropped their target price on BancFirst from $95.00 to $92.00 and set a “neutral” rating for the company 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.