2,176 Shares in Bank First National Corporation (NASDAQ:BFC) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of Bank First National Corporation (NASDAQ:BFC - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,176 shares of the company's stock, valued at approximately $219,000.

Several other large investors also recently added to or reduced their stakes in BFC. JPMorgan Chase & Co. increased its holdings in shares of Bank First National by 103.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,500 shares of the company's stock worth $4,806,000 after buying an additional 24,635 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Bank First National by 26.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,697 shares of the company's stock worth $565,000 after buying an additional 1,191 shares during the period. Invesco Ltd. increased its holdings in Bank First National by 26.3% during the 4th quarter. Invesco Ltd. now owns 13,917 shares of the company's stock valued at $1,379,000 after purchasing an additional 2,896 shares during the period. Renaissance Technologies LLC increased its holdings in Bank First National by 4.2% during the 4th quarter. Renaissance Technologies LLC now owns 5,000 shares of the company's stock valued at $495,000 after purchasing an additional 200 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Bank First National during the 4th quarter valued at about $287,000. Institutional investors own 29.95% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BFC. Hovde Group upgraded Bank First National 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 boosted their price target on Bank First National from $115.00 to $137.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Finally, Wall Street Zen downgraded Bank First National from a "hold" rating to a "sell" rating in a report on Saturday, July 26th.

Bank First National Stock Performance

BFC traded down $2.66 during mid-day trading on Friday, reaching $121.16. 174,370 shares of the company traded hands, compared to its average volume of 112,579. The stock has a market capitalization of $1.19 billion, a P/E ratio of 17.48 and a beta of 0.41. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 0.02. The company's fifty day moving average price is $119.79 and its 200-day moving average price is $110.97. Bank First National Corporation has a 52-week low of $84.97 and a 52-week high of $132.59.

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

Bank First National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 24th will be given a $0.45 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $1.80 annualized dividend and a yield of 1.5%. Bank First National's dividend payout ratio (DPR) is currently 25.97%.

About Bank First National

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.