XTX Topco Ltd Purchases New Holdings in BancFirst Co. (NASDAQ:BANF)

XTX Topco Ltd acquired a new position in shares of BancFirst Co. (NASDAQ:BANF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,933 shares of the bank's stock, valued at approximately $578,000.

Other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in BancFirst by 155.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank's stock valued at $38,000 after buying an additional 191 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of BancFirst by 779.4% during the 4th quarter. Sterling Capital Management LLC now owns 554 shares of the bank's stock worth $65,000 after buying an additional 491 shares during the period. AlphaQuest LLC grew its holdings in BancFirst by 11.5% in the fourth quarter. AlphaQuest LLC now owns 862 shares of the bank's stock worth $101,000 after purchasing an additional 89 shares during the period. KBC Group NV increased its position in BancFirst by 85.6% in the 4th quarter. KBC Group NV now owns 1,162 shares of the bank's stock valued at $136,000 after buying an additional 536 shares in the last quarter. Finally, National Bank of Canada FI raised its position in shares of BancFirst by 12.4% during the fourth quarter. National Bank of Canada FI now owns 1,684 shares of the bank's stock worth $197,000 after purchasing an additional 186 shares during the period. Institutional investors own 51.72% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of BancFirst from a "hold" rating to a "sell" rating in a report on Tuesday.

BancFirst Trading Down 1.1 %

NASDAQ:BANF traded down $1.35 during midday trading on Friday, reaching $117.80. 21,462 shares of the stock traded hands, compared to its average volume of 101,819. 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 capitalization of $3.92 billion, a P/E ratio of 18.30 and a beta of 0.82. BancFirst Co. has a 12 month low of $81.56 and a 12 month high of $132.29. The company has a fifty day moving average of $111.16 and a 200 day moving average of $116.05.

BancFirst (NASDAQ:BANF - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The bank reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.58 by $0.09. The business had revenue of $164.84 million for the quarter, compared to analysts' expectations of $161.72 million. BancFirst had a net margin of 23.52% and a return on equity of 14.21%. On average, research analysts predict that BancFirst Co. will post 6.52 EPS for the current year.

BancFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.46 per share. The ex-dividend date was Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.56%. BancFirst's dividend payout ratio (DPR) is presently 27.84%.

Insider Buying and Selling

In other news, Director F Ford Drummond sold 5,000 shares of the stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $117.97, for a total value of $589,850.00. Following the sale, the director now owns 6,000 shares of the company's stock, valued at approximately $707,820. This represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William Scott Martin sold 10,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $119.13, for a total transaction of $1,191,300.00. Following the sale, the director now directly owns 214,499 shares of the company's stock, valued at $25,553,265.87. This represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,000 shares of company stock valued at $2,994,350. Company insiders own 32.43% of the company's stock.

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.