Charles Schwab Investment Management Inc. Acquires 693 Shares of Bank First Co. (NASDAQ:BFC)

Charles Schwab Investment Management Inc. raised its holdings in shares of Bank First Co. (NASDAQ:BFC) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,563 shares of the company’s stock after acquiring an additional 693 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Bank First were worth $7,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quest Partners LLC raised its holdings in Bank First by 212.6% during the 3rd quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock valued at $187,000 after acquiring an additional 1,399 shares during the period. PDT Partners LLC bought a new stake in Bank First during the 3rd quarter valued at $306,000. Heck Capital Advisors LLC bought a new stake in Bank First during the 4th quarter valued at $349,000. SG Americas Securities LLC raised its holdings in Bank First by 20.1% during the 4th quarter. SG Americas Securities LLC now owns 4,438 shares of the company’s stock valued at $440,000 after acquiring an additional 742 shares during the period. Finally, Rosenthal Henry Capital Advisors Inc. bought a new stake in Bank First during the 4th quarter valued at $1,031,000. Institutional investors own 29.95% of the company’s stock.

Insider Transactions at Bank First

In related news, Director Michael S. Stayer-Suprick bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was bought at an average cost of $102.07 per share, for a total transaction of $102,070.00. Following the completion of the transaction, the director now owns 3,035 shares of the company’s stock, valued at approximately $309,782.45. The trade was a 49.14 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel C. Mcconeghy bought 380 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $105.72 per share, with a total value of $40,173.60. Following the completion of the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at $211,440. This represents a 23.46 % increase in their position. The disclosure for this purchase can be found here. Insiders own 4.10% of the company’s stock.

Bank First Trading Down 2.6 %

Shares of BFC stock opened at $100.53 on Monday. The company’s fifty day simple moving average is $101.64 and its two-hundred day simple moving average is $98.70. 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 1 year low of $74.90 and a 1 year high of $110.49. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 15.47 and a beta of 0.32.

Bank First (NASDAQ:BFC) last released its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. As a group, analysts anticipate that Bank First Co. will post 6.9 earnings per share for the current year.

Bank First Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, March 26th. This represents a $1.80 annualized dividend and a dividend yield of 1.79%. Bank First’s payout ratio is currently 27.69%.

Bank First Company Profile

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.