BancFirst Co. (NASDAQ:BANF) Shares Purchased by Rafferty Asset Management LLC

Rafferty Asset Management LLC increased its holdings in BancFirst Co. (NASDAQ:BANF - Free Report) by 21.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,806 shares of the bank's stock after purchasing an additional 3,095 shares during the quarter. Rafferty Asset Management LLC owned 0.05% of BancFirst worth $2,087,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. acquired a new position in BancFirst in the 4th quarter worth about $210,000. ProShare Advisors LLC raised its holdings in shares of BancFirst by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 6,004 shares of the bank's stock valued at $704,000 after acquiring an additional 1,848 shares during the last quarter. Millennium Management LLC raised its holdings in shares of BancFirst by 31.2% during the fourth quarter. Millennium Management LLC now owns 38,098 shares of the bank's stock valued at $4,464,000 after acquiring an additional 9,064 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of BancFirst by 3.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,339 shares of the bank's stock valued at $1,329,000 after acquiring an additional 406 shares during the last quarter. Finally, Clark Capital Management Group Inc. raised its holdings in shares of BancFirst by 42.3% during the fourth quarter. Clark Capital Management Group Inc. now owns 48,518 shares of the bank's stock valued at $5,685,000 after acquiring an additional 14,427 shares during the last quarter. Institutional investors and hedge funds own 51.72% of the company's stock.

Insider Transactions at BancFirst

In other news, EVP Randy Foraker sold 4,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $126.61, for a total transaction of $506,440.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William Scott Martin sold 10,000 shares of the stock in a transaction on Friday, February 28th. The shares were 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 owns 214,499 shares in the company, valued at approximately $25,553,265.87. The trade was a 4.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 32.43% of the company's stock.

BancFirst Price Performance

Shares of NASDAQ:BANF traded down $0.96 during midday trading on Friday, hitting $122.86. The company had a trading volume of 68,972 shares, compared to its average volume of 104,449. BancFirst Co. has a twelve month low of $81.56 and a twelve month 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 stock has a market cap of $4.08 billion, a price-to-earnings ratio of 19.08 and a beta of 0.78. The business's 50-day simple moving average is $114.99 and its 200-day simple moving average is $118.18.

BancFirst (NASDAQ:BANF - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The bank reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.09. The company had revenue of $164.84 million during the quarter, compared to analyst estimates of $161.72 million. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. On average, research analysts predict that BancFirst Co. will post 6.52 earnings per share for the current year.

BancFirst Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.84 annualized dividend and a dividend yield of 1.50%. BancFirst's dividend payout ratio is currently 27.84%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised BancFirst from a "sell" rating to a "hold" rating in a report on Monday, May 12th.

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.