BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 5,496 Shares

BancFirst Co. (NASDAQ:BANF - Get Free Report) EVP Dennis Jay Hannah sold 5,496 shares of the business's stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $92.23, for a total value of $506,896.08. Following the transaction, the executive vice president now owns 10,714 shares of the company's stock, valued at $988,152.22. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Dennis Jay Hannah also recently made the following trade(s):

• On Friday, May 3rd, Dennis Jay Hannah sold 204 shares of BancFirst stock. The stock was sold at an average price of $92.38, for a total transaction of $18,845.52.
• On Wednesday, April 24th, Dennis Jay Hannah sold 300 shares of BancFirst stock. The shares were sold at an average price of $92.06, for a total transaction of $27,618.00.
• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The shares were sold at an average price of $90.07, for a total transaction of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The shares were sold at an average price of $88.66, for a total transaction of $354,640.00.
• On Friday, February 9th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was sold at an average price of $88.45, for a total value of $353,800.00.

BancFirst Stock Down 0.5 %

Shares of NASDAQ BANF traded down $0.42 during mid-day trading on Tuesday, hitting $91.43. The company had a trading volume of 49,927 shares, compared to its average volume of 64,437. The company has a market capitalization of $3.01 billion, a PE ratio of 14.94 and a beta of 1.07. The firm has a 50-day simple moving average of $87.00 and a two-hundred day simple moving average of $88.55. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. BancFirst Co. has a one year low of $71.37 and a one year high of $104.00.

BancFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Wednesday, March 27th. BancFirst's payout ratio is 28.10%.

Institutional Investors Weigh In On BancFirst

Several hedge funds have recently bought and sold shares of the company. Sei Investments Co. lifted its stake in BancFirst by 58.8% in the 1st quarter. Sei Investments Co. now owns 24,140 shares of the bank's stock valued at $2,125,000 after purchasing an additional 8,939 shares during the last quarter. Tectonic Advisors LLC lifted its stake in BancFirst by 7.0% in the 1st quarter. Tectonic Advisors LLC now owns 9,750 shares of the bank's stock valued at $858,000 after purchasing an additional 636 shares during the last quarter. SG Americas Securities LLC acquired a new stake in BancFirst in the 1st quarter valued at about $137,000. Texas Permanent School Fund Corp lifted its stake in BancFirst by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 12,682 shares of the bank's stock valued at $1,116,000 after purchasing an additional 168 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in BancFirst by 85.7% in the 1st quarter. BNP Paribas Financial Markets now owns 10,980 shares of the bank's stock valued at $967,000 after purchasing an additional 5,066 shares during the last quarter. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, DA Davidson lowered their target price on BancFirst from $95.00 to $92.00 and set a "neutral" rating for the company in a report on Friday, January 19th.

About BancFirst

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.