BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah Sells 300 Shares

BancFirst Co. (NASDAQ:BANF) EVP Dennis Jay Hannah sold 300 shares of BancFirst stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $92.06, for a total value of $27,618.00. Following the completion of the transaction, the executive vice president now directly owns 18,414 shares in the company, valued at approximately $1,695,192.84. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Thursday, February 15th, Dennis Jay Hannah sold 1,000 shares of BancFirst stock. The stock was sold at an average price of $90.07, for a total value of $90,070.00.
• On Monday, February 12th, Dennis Jay Hannah sold 4,000 shares of BancFirst stock. The stock was sold at an average price of $88.66, for a total value 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 0.9 %

NASDAQ:BANF traded down $0.79 on Wednesday, hitting $91.57. 94,092 shares of the company’s stock traded hands, compared to its average volume of 63,786. 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 1 year low of $68.44 and a 1 year high of $104.00. The firm has a 50-day moving average price of $86.65 and a 200-day moving average price of $88.18. The company has a market cap of $3.02 billion, a PE ratio of 14.96 and a beta of 1.09.

BancFirst Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.43 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.72 annualized dividend and a yield of 1.88%. BancFirst’s dividend payout ratio (DPR) is presently 28.10%.

Analysts Set New Price Targets

Separately, DA Davidson dropped their price target on BancFirst from $95.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, January 19th.

Hedge Funds Weigh In On BancFirst

Several institutional investors and hedge funds have recently bought and sold shares of BANF. National Bank of Canada FI acquired a new stake in shares of BancFirst during the 3rd quarter valued at about $140,000. SG Americas Securities LLC acquired a new stake in shares of BancFirst during the 3rd quarter valued at about $907,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of BancFirst during the 3rd quarter valued at about $560,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of BancFirst by 46.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,383 shares of the bank’s stock valued at $293,000 after buying an additional 1,073 shares during the last quarter. Finally, Inspire Investing LLC lifted its holdings in shares of BancFirst by 3.7% during the 3rd quarter. Inspire Investing LLC now owns 3,541 shares of the bank’s stock valued at $307,000 after buying an additional 126 shares during the last quarter. Hedge funds and other institutional investors own 51.72% 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.