BancFirst Co. (NASDAQ:BANF) major shareholder Banking Ltd Ptnrshp R sold 10,700 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $56.38, for a total transaction of $603,266.00. Following the completion of the sale, the insider now directly owns 10,989,300 shares in the company, valued at $619,576,734. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

BancFirst Co. (NASDAQ:BANF) traded down $1.50 during trading on Wednesday, reaching $55.55. 47,000 shares of the company’s stock traded hands, compared to its average volume of 51,306. The company has a market cap of $1,818.19, a PE ratio of 21.61, a P/E/G ratio of 2.08 and a beta of 0.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02. BancFirst Co. has a 52-week low of $42.25 and a 52-week high of $61.05.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be issued a $0.21 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.84 annualized dividend and a yield of 1.51%. BancFirst’s dividend payout ratio is currently 31.82%.

A number of institutional investors have recently added to or reduced their stakes in BANF. Dimensional Fund Advisors LP raised its holdings in BancFirst by 102.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,115,778 shares of the bank’s stock valued at $63,320,000 after acquiring an additional 563,314 shares during the period. Janus Henderson Group PLC raised its holdings in BancFirst by 121.2% in the 3rd quarter. Janus Henderson Group PLC now owns 523,227 shares of the bank’s stock valued at $29,693,000 after acquiring an additional 286,641 shares during the period. JPMorgan Chase & Co. raised its holdings in BancFirst by 102.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 446,497 shares of the bank’s stock valued at $25,339,000 after acquiring an additional 226,044 shares during the period. Bank of New York Mellon Corp grew its position in shares of BancFirst by 96.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 291,173 shares of the bank’s stock worth $16,525,000 after purchasing an additional 142,674 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of BancFirst by 92.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 208,859 shares of the bank’s stock worth $11,853,000 after purchasing an additional 100,495 shares in the last quarter. 33.10% of the stock is currently owned by hedge funds and other institutional investors.

BANF has been the topic of several research analyst reports. Zacks Investment Research cut shares of BancFirst from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. ValuEngine cut shares of BancFirst from a “buy” rating to a “hold” rating in a report on Friday, September 1st.

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About BancFirst

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.

Insider Buying and Selling by Quarter for BancFirst (NASDAQ:BANF)

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