BancFirst Co. (BANF) Chairman H E. Rainbolt Acquires 400 Shares
BancFirst Co. (NASDAQ:BANF) Chairman H E. Rainbolt bought 400 shares of the firm’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were purchased at an average cost of $94.84 per share, with a total value of $37,936.00. Following the transaction, the chairman now directly owns 453 shares of the company’s stock, valued at $42,962.52. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
BancFirst Co. (NASDAQ:BANF) traded down 0.21% during midday trading on Wednesday, reaching $95.05. 15,401 shares of the company were exchanged. The company has a market capitalization of $1.51 billion, a PE ratio of 20.00 and a beta of 0.68. The firm has a 50-day moving average price of $93.71 and a 200-day moving average price of $91.46. BancFirst Co. has a 52 week low of $56.30 and a 52 week high of $103.65.
BancFirst (NASDAQ:BANF) last issued its quarterly earnings results on Thursday, April 20th. The bank reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.23. BancFirst had a net margin of 21.02% and a return on equity of 10.43%. The company had revenue of $82.85 million during the quarter, compared to the consensus estimate of $79.46 million. Equities research analysts anticipate that BancFirst Co. will post $5.01 earnings per share for the current fiscal year.
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A number of hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC increased its position in shares of BancFirst by 26.8% in the fourth quarter. FMR LLC now owns 830,054 shares of the bank’s stock worth $77,237,000 after buying an additional 175,385 shares in the last quarter. Federated Investors Inc. PA increased its position in shares of BancFirst by 2,590.3% in the fourth quarter. Federated Investors Inc. PA now owns 10,842 shares of the bank’s stock worth $1,009,000 after buying an additional 10,439 shares in the last quarter. John W. Rosenthal Capital Management Inc. purchased a new position in shares of BancFirst during the fourth quarter worth about $5,454,000. Martingale Asset Management L P increased its position in shares of BancFirst by 12.5% in the fourth quarter. Martingale Asset Management L P now owns 51,915 shares of the bank’s stock worth $4,831,000 after buying an additional 5,788 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of BancFirst by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 523,696 shares of the bank’s stock worth $48,730,000 after buying an additional 14,491 shares in the last quarter. Institutional investors own 30.69% of the company’s stock.
BancFirst Company Profile
BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.
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