Wealthcare Advisory Partners LLC Has $4.47 Million Stock Position in Bank First National Corporation $BFC

Wealthcare Advisory Partners LLC grew its holdings in Bank First National Corporation (NASDAQ:BFC - Free Report) by 63.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,974 shares of the company's stock after acquiring an additional 14,734 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.38% of Bank First National worth $4,468,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in Bank First National by 17,300.0% in the 1st quarter. GAMMA Investing LLC now owns 1,914 shares of the company's stock valued at $193,000 after purchasing an additional 1,903 shares during the period. XTX Topco Ltd acquired a new position in Bank First National in the first quarter valued at about $219,000. HighTower Advisors LLC bought a new stake in shares of Bank First National during the 1st quarter worth approximately $567,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Bank First National by 58.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,052 shares of the company's stock worth $749,000 after acquiring an additional 2,224 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Bank First National by 12.3% during the 1st quarter. Vanguard Group Inc. now owns 581,909 shares of the company's stock worth $58,622,000 after acquiring an additional 63,568 shares in the last quarter. 29.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on BFC shares. Weiss Ratings restated a "buy (b)" rating on shares of Bank First National in a research report on Saturday, September 27th. Piper Sandler lifted their price target on Bank First National from $115.00 to $137.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Finally, Wall Street Zen downgraded Bank First National from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Bank First National currently has an average rating of "Moderate Buy" and an average target price of $133.50.

Insiders Place Their Bets

In other Bank First National news, Director Michael S. Stayer-Suprick bought 410 shares of Bank First National stock in a transaction on Tuesday, August 19th. The shares were purchased at an average cost of $122.67 per share, with a total value of $50,294.70. Following the acquisition, the director directly owned 3,965 shares of the company's stock, valued at $486,386.55. The trade was a 11.53% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.10% of the stock is owned by insiders.

Bank First National Stock Up 3.2%

Shares of BFC opened at $128.34 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.99 and a current ratio of 0.99. Bank First National Corporation has a 52 week low of $86.11 and a 52 week high of $132.59. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 18.52 and a beta of 0.39. The stock has a fifty day moving average of $124.56 and a 200-day moving average of $117.02.

Bank First National (NASDAQ:BFC - Get Free Report) last issued its earnings results on Friday, July 18th. The company reported $1.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.80 by ($0.09). The firm had revenue of $41.60 million during the quarter, compared to analyst estimates of $43.85 million. Bank First National had a return on equity of 10.92% and a net margin of 29.04%. As a group, sell-side analysts anticipate that Bank First National Corporation will post 6.9 earnings per share for the current fiscal year.

Bank First National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 24th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, September 24th. This represents a $1.80 annualized dividend and a yield of 1.4%. Bank First National's dividend payout ratio (DPR) is currently 25.97%.

Bank First National Profile

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.

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