Jane Street Group LLC decreased its stake in Bank First Co. (NASDAQ:BFC - Free Report) by 37.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,718 shares of the company's stock after selling 2,194 shares during the quarter. Jane Street Group LLC's holdings in Bank First were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in Bank First by 2.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,731 shares of the company's stock worth $469,000 after purchasing an additional 105 shares in the last quarter. Mariner LLC boosted its position in Bank First by 4.7% during the 4th quarter. Mariner LLC now owns 2,497 shares of the company's stock worth $247,000 after acquiring an additional 112 shares during the period. Renaissance Technologies LLC grew its position in Bank First by 4.2% during the fourth quarter. Renaissance Technologies LLC now owns 5,000 shares of the company's stock valued at $495,000 after purchasing an additional 200 shares in the last quarter. Sterling Capital Management LLC grew its stake in Bank First by 771.4% in the fourth quarter. Sterling Capital Management LLC now owns 305 shares of the company's stock valued at $30,000 after purchasing an additional 270 shares in the last quarter. Finally, ExodusPoint Capital Management LP increased its stake in shares of Bank First by 8.6% during the 4th quarter. ExodusPoint Capital Management LP now owns 3,456 shares of the company's stock worth $342,000 after purchasing an additional 273 shares during the last quarter. Institutional investors and hedge funds own 29.95% of the company's stock.
Analyst Ratings Changes
BFC has been the topic of several analyst reports. Hovde Group upgraded Bank First from a "market perform" rating to an "outperform" rating and set a $130.00 price target on the stock in a report on Tuesday, May 6th. Piper Sandler upped their price objective on shares of Bank First from $110.00 to $111.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th.
Check Out Our Latest Analysis on BFC
Bank First Stock Performance
Shares of NASDAQ BFC traded down $3.10 during trading hours on Wednesday, hitting $113.27. 264,222 shares of the company's stock were exchanged, compared to its average volume of 25,844. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. The company's 50-day moving average price is $109.46 and its 200-day moving average price is $104.70. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 17.43 and a beta of 0.39. Bank First Co. has a 1-year low of $77.00 and a 1-year high of $119.04.
Bank First (NASDAQ:BFC - Get Free Report) last announced its earnings results on Tuesday, April 15th. The company reported $1.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.20. The business had revenue of $43.10 million for the quarter, compared to analyst estimates of $41.80 million. Bank First had a net margin of 29.00% and a return on equity of 10.53%. On average, sell-side analysts expect that Bank First Co. will post 6.9 earnings per share for the current fiscal year.
Bank First Increases Dividend
The company also recently declared a dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were issued a $3.50 dividend. This is a boost from Bank First's previous dividend of $0.20. The ex-dividend date of this dividend was Friday, May 9th. Bank First's dividend payout ratio is 26.43%.
About Bank First
(
Free Report)
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.
Recommended Stories
Before you consider Bank First National, 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 Bank First National wasn't on the list.
While Bank First National currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
