XTX Topco Ltd Invests $219,000 in Bank First National Corporation (NASDAQ:BFC)

XTX Topco Ltd bought a new stake in shares of Bank First National Corporation (NASDAQ:BFC - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,176 shares of the company's stock, valued at approximately $219,000.

Other large investors also recently made changes to their positions in the company. Lazard Asset Management LLC acquired a new stake in shares of Bank First National during the 4th quarter valued at about $25,000. Sterling Capital Management LLC grew its position in Bank First National by 771.4% in the fourth quarter. Sterling Capital Management LLC now owns 305 shares of the company's stock worth $30,000 after acquiring an additional 270 shares in the last quarter. CWM LLC increased its stake in shares of Bank First National by 176.3% during the 1st quarter. CWM LLC now owns 572 shares of the company's stock worth $58,000 after purchasing an additional 365 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Bank First National by 17,300.0% during 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 in the last quarter. Finally, Hanlon Investment Management Inc. acquired a new stake in shares of Bank First National in the 4th quarter valued at $218,000. Institutional investors and hedge funds own 29.95% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Piper Sandler raised their target price on Bank First National from $115.00 to $137.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Hovde Group raised Bank First National from a "market perform" rating to an "outperform" rating and set a $130.00 price objective on the stock in a report on Tuesday, May 6th. Finally, Wall Street Zen lowered 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 trading on Friday, hitting $121.16. The stock had a trading volume of 174,370 shares, compared to its average volume of 112,579. The firm has a market cap of $1.19 billion, a PE ratio of 17.48 and a beta of 0.41. Bank First National Corporation has a 12 month low of $84.97 and a 12 month high of $132.59. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of $119.79 and a 200-day simple moving average of $111.03.

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

Bank First National Dividend Announcement

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

Bank First National Company 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.