BancFirst Co. (BANF) Major Shareholder Banking Ltd Ptnrshp R Sells 38,518 Shares

BancFirst Co. (NASDAQ:BANF) major shareholder Banking Ltd Ptnrshp R sold 38,518 shares of the company’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $56.06, for a total transaction of $2,159,319.08. Following the completion of the transaction, the insider now owns 10,947,241 shares in the company, valued at $613,702,330.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Banking Ltd Ptnrshp R also recently made the following trade(s):

  • On Monday, December 18th, Banking Ltd Ptnrshp R sold 3,541 shares of BancFirst stock. The stock was sold at an average price of $56.00, for a total transaction of $198,296.00.
  • On Tuesday, December 5th, Banking Ltd Ptnrshp R sold 10,700 shares of BancFirst stock. The stock was sold at an average price of $56.38, for a total transaction of $603,266.00.

Shares of BancFirst Co. (BANF) traded up $0.80 during trading on Monday, reaching $56.00. 146,300 shares of the company’s stock traded hands, compared to its average volume of 69,962. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. BancFirst Co. has a one year low of $42.50 and a one year high of $61.05. The company has a market cap of $1,780.00, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.79 and a beta of 0.55.

BancFirst (NASDAQ:BANF) last issued its earnings results on Thursday, October 19th. The bank reported $0.67 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.04). BancFirst had a return on equity of 11.83% and a net margin of 24.35%. research analysts predict that BancFirst Co. will post 3.14 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend was Thursday, December 28th. BancFirst’s payout ratio is 31.70%.

A number of research analysts have recently commented on the stock. BidaskClub cut shares of BancFirst from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of BancFirst from a “hold” rating to a “strong-buy” rating and set a $60.00 price target on the stock in a report on Monday, January 1st.

Institutional investors have recently modified their holdings of the business. Ameritas Investment Partners Inc. lifted its position in shares of BancFirst by 7.1% during the second quarter. Ameritas Investment Partners Inc. now owns 1,301 shares of the bank’s stock valued at $125,000 after buying an additional 86 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of BancFirst by 336.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,314 shares of the bank’s stock valued at $127,000 after purchasing an additional 1,013 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of BancFirst in the 3rd quarter valued at approximately $134,000. Great West Life Assurance Co. Can raised its position in shares of BancFirst by 100.0% in the 3rd quarter. Great West Life Assurance Co. Can now owns 2,630 shares of the bank’s stock valued at $149,000 after purchasing an additional 1,315 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of BancFirst by 58.2% in the 2nd quarter. Legal & General Group Plc now owns 2,946 shares of the bank’s stock valued at $286,000 after purchasing an additional 1,084 shares during the last quarter. Institutional investors own 33.10% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “BancFirst Co. (BANF) Major Shareholder Banking Ltd Ptnrshp R Sells 38,518 Shares” was first published by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/01/22/bancfirst-co-banf-major-shareholder-banking-ltd-ptnrshp-r-sells-38518-shares.html.

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.

Insider Buying and Selling 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.

Leave a Reply