3,273 Shares in BancFirst Co. (NASDAQ:BANF) Bought by Crestline Management LP

Crestline Management LP bought a new position in shares of BancFirst Co. (NASDAQ:BANF) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,273 shares of the bank’s stock, valued at approximately $384,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Cibc World Markets Corp purchased a new position in shares of BancFirst during the fourth quarter worth about $218,000. Vanguard Group Inc. increased its holdings in shares of BancFirst by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 2,306,204 shares of the bank’s stock worth $270,241,000 after buying an additional 44,563 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of BancFirst by 40.2% during the 3rd quarter. Principal Financial Group Inc. now owns 101,276 shares of the bank’s stock valued at $10,659,000 after buying an additional 29,050 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of BancFirst by 33.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 129,204 shares of the bank’s stock worth $13,599,000 after acquiring an additional 32,636 shares during the last quarter. Finally, Amundi grew its position in BancFirst by 189.8% in the fourth quarter. Amundi now owns 10,514 shares of the bank’s stock worth $1,200,000 after acquiring an additional 6,886 shares in the last quarter. 51.72% of the stock is currently owned by institutional investors.

BancFirst Price Performance

BANF stock opened at $123.14 on Friday. 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 firm has a market cap of $4.09 billion, a P/E ratio of 19.12 and a beta of 0.78. The firm’s fifty day moving average is $111.73 and its 200 day moving average is $116.99. BancFirst Co. has a 52 week low of $81.56 and a 52 week high of $132.29.

BancFirst (NASDAQ:BANF) last released its quarterly earnings data on Thursday, April 17th. The bank reported $1.67 EPS for the quarter, topping the consensus estimate of $1.58 by $0.09. The firm had revenue of $164.84 million for the quarter, compared to the consensus estimate of $161.72 million. BancFirst had a return on equity of 14.21% and a net margin of 23.52%. Research analysts predict that BancFirst Co. will post 6.52 earnings per share for the current year.

BancFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Monday, March 31st. BancFirst’s dividend payout ratio (DPR) is presently 27.84%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered BancFirst from a “hold” rating to a “sell” rating in a research note on Tuesday, April 22nd.

Insider Transactions at BancFirst

In other news, EVP Darryl Schmidt sold 5,000 shares of BancFirst stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $122.06, for a total value of $610,300.00. Following the sale, the executive vice president now directly owns 43,564 shares in the company, valued at approximately $5,317,421.84. This trade represents a 10.30 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Scott Martin sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $119.13, for a total value of $1,191,300.00. Following the transaction, the director now directly owns 214,499 shares in the company, valued at $25,553,265.87. This trade represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.