Dimensional Fund Advisors LP Has $116.58 Million Position in BancFirst Co. (NASDAQ:BANF)

Dimensional Fund Advisors LP decreased its stake in BancFirst Co. (NASDAQ:BANF - Free Report) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 994,834 shares of the bank's stock after selling 5,480 shares during the quarter. Dimensional Fund Advisors LP owned 3.00% of BancFirst worth $116,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of BANF. Smartleaf Asset Management LLC boosted its holdings in shares of BancFirst by 155.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank's stock worth $38,000 after buying an additional 191 shares during the period. Sterling Capital Management LLC grew its position in BancFirst by 779.4% during the 4th quarter. Sterling Capital Management LLC now owns 554 shares of the bank's stock worth $65,000 after purchasing an additional 491 shares in the last quarter. AlphaQuest LLC raised its stake in BancFirst by 11.5% during the 4th quarter. AlphaQuest LLC now owns 862 shares of the bank's stock valued at $101,000 after purchasing an additional 89 shares during the period. KBC Group NV lifted its holdings in shares of BancFirst by 85.6% in the fourth quarter. KBC Group NV now owns 1,162 shares of the bank's stock valued at $136,000 after purchasing an additional 536 shares in the last quarter. Finally, National Bank of Canada FI boosted its position in shares of BancFirst by 12.4% in the fourth quarter. National Bank of Canada FI now owns 1,684 shares of the bank's stock worth $197,000 after buying an additional 186 shares during the period. Hedge funds and other institutional investors own 51.72% of the company's stock.

BancFirst Stock Up 1.7 %

Shares of NASDAQ:BANF traded up $2.08 during trading on Friday, reaching $121.11. 17,361 shares of the company traded hands, compared to its average volume of 101,941. BancFirst Co. has a 1-year low of $81.56 and a 1-year high of $132.29. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The firm has a market cap of $4.03 billion, a P/E ratio of 18.80 and a beta of 0.82. The firm has a fifty day simple moving average of $111.19 and a 200 day simple moving average of $116.53.

BancFirst (NASDAQ:BANF - Get Free Report) last issued its earnings results on Thursday, April 17th. The bank reported $1.67 EPS for the quarter, beating analysts' consensus estimates of $1.58 by $0.09. The firm had revenue of $164.84 million for the quarter, compared to the consensus estimate of $161.72 million. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. Analysts anticipate that BancFirst Co. will post 6.52 earnings per share for the current fiscal year.

BancFirst Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend was Monday, March 31st. BancFirst's dividend payout ratio (DPR) is presently 27.84%.

Analyst Ratings Changes

Separately, StockNews.com lowered BancFirst from a "hold" rating to a "sell" rating in a research report on Tuesday, April 22nd.

Insider Transactions at BancFirst

In related news, Director William Scott Martin sold 10,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 214,499 shares in the company, valued at approximately $25,553,265.87. The trade was a 4.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director F Ford Drummond sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $120.58, for a total value of $602,900.00. Following the transaction, the director now owns 6,000 shares in the company, valued at approximately $723,480. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,000 shares of company stock worth $2,404,500 in the last 90 days. 32.43% of the stock is owned by insiders.

BancFirst Profile

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.