BancFirst Co. (NASDAQ:BANF) Shares Sold by John W. Rosenthal Capital Management Inc.

John W. Rosenthal Capital Management Inc. reduced its position in shares of BancFirst Co. (NASDAQ:BANF) by 17.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 90,000 shares of the bank’s stock after selling 19,000 shares during the quarter. BancFirst comprises approximately 4.6% of John W. Rosenthal Capital Management Inc.’s holdings, making the stock its 3rd largest holding. John W. Rosenthal Capital Management Inc. owned 0.28% of BancFirst worth $4,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of BancFirst in the first quarter valued at $34,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in BancFirst by 77.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,043 shares of the bank’s stock valued at $54,000 after acquiring an additional 456 shares during the last quarter. Acadian Asset Management LLC acquired a new position in BancFirst in the fourth quarter valued at $61,000. SG Americas Securities LLC acquired a new position in BancFirst in the first quarter valued at $157,000. Finally, Meeder Asset Management Inc. lifted its stake in shares of BancFirst by 47.3% during the first quarter. Meeder Asset Management Inc. now owns 3,331 shares of the bank’s stock worth $174,000 after purchasing an additional 1,070 shares in the last quarter. Hedge funds and other institutional investors own 33.97% of the company’s stock.

BancFirst stock traded down $0.25 during midday trading on Friday, hitting $55.66. The stock had a trading volume of 323,200 shares, compared to its average volume of 51,162. The company has a market capitalization of $1.82 billion, a PE ratio of 14.57, a P/E/G ratio of 2.02 and a beta of 0.83. The business’s fifty day moving average is $55.33. BancFirst Co. has a 12 month low of $48.07 and a 12 month high of $65.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.99 and a current ratio of 0.99.

BancFirst (NASDAQ:BANF) last released its earnings results on Thursday, April 18th. The bank reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. BancFirst had a return on equity of 14.31% and a net margin of 29.07%. The firm had revenue of $98.90 million during the quarter, compared to the consensus estimate of $98.50 million. As a group, equities research analysts forecast that BancFirst Co. will post 3.89 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Thursday, June 27th. BancFirst’s dividend payout ratio (DPR) is presently 31.41%.

In other BancFirst news, Director Ronald J. Norick bought 2,000 shares of the stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of $53.74 per share, with a total value of $107,480.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 38.27% of the company’s stock.

A number of research analysts have commented on BANF shares. BidaskClub upgraded BancFirst from a “sell” rating to a “hold” rating in a research note on Tuesday, June 11th. ValuEngine cut BancFirst from a “hold” rating to a “sell” rating in a research note on Wednesday, March 6th. Finally, Zacks Investment Research cut BancFirst from a “buy” rating to a “hold” rating in a research note on Tuesday.

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. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.

Read More: How does the Federal Reserve determine interest rates?

Institutional Ownership by Quarter for BancFirst (NASDAQ:BANF)

Receive News & Ratings for BancFirst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BancFirst and related companies with MarketBeat.com's FREE daily email newsletter.