Clark Capital Management Group Inc. grew its position in BancFirst Co. (NASDAQ:BANF - Free Report) by 42.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,518 shares of the bank's stock after buying an additional 14,427 shares during the period. Clark Capital Management Group Inc. owned 0.15% of BancFirst worth $5,685,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of BancFirst by 94.6% in the 3rd quarter. Barclays PLC now owns 56,136 shares of the bank's stock valued at $5,908,000 after purchasing an additional 27,295 shares during the last quarter. Principal Financial Group Inc. boosted its stake in BancFirst by 40.2% during the third quarter. Principal Financial Group Inc. now owns 101,276 shares of the bank's stock worth $10,659,000 after buying an additional 29,050 shares during the period. JPMorgan Chase & Co. grew its position in BancFirst by 33.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 129,204 shares of the bank's stock valued at $13,599,000 after acquiring an additional 32,636 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in BancFirst by 110.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 5,020 shares of the bank's stock valued at $588,000 after acquiring an additional 2,630 shares during the last quarter. Finally, Liberty One Investment Management LLC acquired a new position in shares of BancFirst during the 4th quarter worth approximately $660,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.
BancFirst Price Performance
Shares of BancFirst stock traded down $0.20 on Wednesday, hitting $128.23. The company had a trading volume of 36,654 shares, compared to its average volume of 102,923. BancFirst Co. has a 52 week low of $81.56 and a 52 week high of $132.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $4.26 billion, a PE ratio of 19.91 and a beta of 0.78. The business has a 50-day simple moving average of $112.28 and a 200-day simple moving average of $117.27.
BancFirst (NASDAQ:BANF - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The bank reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.09. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. The firm had revenue of $164.84 million for the quarter, compared to the consensus estimate of $161.72 million. Research analysts expect that BancFirst Co. will post 6.52 EPS for the current fiscal year.
BancFirst Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Monday, March 31st. BancFirst's payout ratio is presently 27.84%.
Insider Activity at BancFirst
In other BancFirst news, Director William Scott Martin sold 10,000 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $119.13, for a total value of $1,191,300.00. Following the transaction, the director now owns 214,499 shares of the company's stock, valued at approximately $25,553,265.87. The trade was a 4.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 32.43% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Separately, StockNews.com upgraded BancFirst from a "sell" rating to a "hold" rating in a report on Monday.
Get Our Latest Report on BANF
BancFirst Profile
(
Free Report)
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.
Read More
Before you consider BancFirst, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BancFirst wasn't on the list.
While BancFirst currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
