BancFirst Co. (NASDAQ:BANF) Shares Bought by Rhumbline Advisers

Rhumbline Advisers grew its position in shares of BancFirst Co. (NASDAQ:BANF - Free Report) by 16.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,677 shares of the bank's stock after purchasing an additional 10,088 shares during the period. Rhumbline Advisers owned approximately 0.22% of BancFirst worth $7,985,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AlphaQuest LLC boosted its position in BancFirst by 11.5% in the 4th quarter. AlphaQuest LLC now owns 862 shares of the bank's stock valued at $101,000 after buying an additional 89 shares during the last quarter. Summit Investment Advisors Inc. grew its stake in BancFirst by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,085 shares of the bank's stock valued at $244,000 after purchasing an additional 133 shares in the last quarter. Capstone Triton Financial Group LLC increased its holdings in BancFirst by 1.1% during the 4th quarter. Capstone Triton Financial Group LLC now owns 13,403 shares of the bank's stock worth $1,571,000 after purchasing an additional 145 shares during the last quarter. Stifel Financial Corp raised its position in shares of BancFirst by 0.4% in the 4th quarter. Stifel Financial Corp now owns 38,005 shares of the bank's stock valued at $4,453,000 after purchasing an additional 155 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of BancFirst by 1.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 15,743 shares of the bank's stock valued at $1,845,000 after buying an additional 184 shares during the last quarter. 51.72% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at BancFirst

In other news, EVP Randy Foraker sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $126.61, for a total transaction of $506,440.00. The sale was disclosed in a filing 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, May 28th. The stock was sold at an average price of $124.12, for a total value of $620,600.00. Following the completion of the transaction, the director now directly owns 6,000 shares of the company's stock, valued at $744,720. This trade represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. 32.43% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BANF. Keefe, Bruyette & Woods upgraded shares of BancFirst to a "hold" rating in a research note on Monday, May 26th. Wall Street Zen upgraded BancFirst from a "sell" rating to a "hold" rating in a research note on Monday, May 12th.

BancFirst Stock Performance

Shares of BancFirst stock traded down $1.33 during trading hours on Thursday, reaching $121.89. The company's stock had a trading volume of 19,559 shares, compared to its average volume of 105,251. BancFirst Co. has a one year low of $81.56 and a one year high of $132.29. The company's 50 day simple moving average is $118.67 and its 200 day simple moving average is $118.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $4.05 billion, a P/E ratio of 18.93 and a beta of 0.79.

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 company had revenue of $164.84 million during 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%. As a group, analysts expect that BancFirst Co. will post 6.52 EPS for the current fiscal year.

BancFirst Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Monday, June 30th. BancFirst's dividend payout ratio is presently 27.84%.

BancFirst Company 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.