US Bancorp DE Sells 1,000 Shares of Bank First Co. (NASDAQ:BFC)

US Bancorp DE cut its position in Bank First Co. (NASDAQ:BFC) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,121 shares of the company’s stock after selling 1,000 shares during the period. US Bancorp DE’s holdings in Bank First were worth $706,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Bank First by 1.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock valued at $1,037,000 after buying an additional 155 shares during the period. SG Americas Securities LLC boosted its stake in Bank First by 20.1% in the 4th quarter. SG Americas Securities LLC now owns 4,438 shares of the company’s stock worth $440,000 after purchasing an additional 742 shares during the period. Bank of New York Mellon Corp increased its holdings in Bank First by 3.5% during the 4th quarter. Bank of New York Mellon Corp now owns 39,977 shares of the company’s stock worth $3,961,000 after purchasing an additional 1,337 shares in the last quarter. Quest Partners LLC raised its stake in shares of Bank First by 212.6% in the 3rd quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock valued at $187,000 after purchasing an additional 1,399 shares during the period. Finally, PDT Partners LLC bought a new stake in shares of Bank First in the third quarter valued at about $306,000. 29.95% of the stock is owned by institutional investors.

Bank First Trading Down 2.2 %

Bank First stock opened at $99.66 on Tuesday. The company has a market cap of $996.10 million, a price-to-earnings ratio of 15.33 and a beta of 0.32. The firm has a 50-day moving average of $100.92 and a 200-day moving average of $98.18. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. Bank First Co. has a one year low of $74.90 and a one year high of $110.49.

Bank First (NASDAQ:BFC) last announced its quarterly earnings data on Tuesday, January 21st. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. On average, equities analysts expect that Bank First Co. will post 6.9 earnings per share for the current fiscal year.

Bank First Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 26th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, March 26th. Bank First’s dividend payout ratio is currently 27.69%.

Insider Activity

In other Bank First news, Director Michael S. Stayer-Suprick bought 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of $102.07 per share, with a total value of $102,070.00. Following the acquisition, the director now owns 3,035 shares of the company’s stock, valued at $309,782.45. The trade was a 49.14 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.10% of the company’s stock.

About Bank First

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.