SG Americas Securities LLC Purchases Shares of 7,488 Bank First National Corporation $BFC

SG Americas Securities LLC acquired a new position in shares of Bank First National Corporation (NASDAQ:BFC) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,488 shares of the company’s stock, valued at approximately $908,000.

Several other hedge funds have also bought and sold shares of the company. CWM LLC increased its position in Bank First National by 17.0% during the second quarter. CWM LLC now owns 669 shares of the company’s stock worth $79,000 after buying an additional 97 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Bank First National by 17,650.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 710 shares of the company’s stock worth $84,000 after acquiring an additional 706 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Bank First National by 22.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 816 shares of the company’s stock valued at $96,000 after acquiring an additional 150 shares during the period. USA Financial Formulas acquired a new stake in Bank First National during the 3rd quarter valued at $103,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Bank First National by 118.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,129 shares of the company’s stock valued at $133,000 after purchasing an additional 612 shares during the last quarter. 29.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on BFC. Piper Sandler increased their price objective on shares of Bank First National from $137.00 to $142.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Bank First National in a research note on Wednesday, October 8th. Finally, Hovde Group raised their price objective on shares of Bank First National from $145.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $146.00.

Bank First National Price Performance

Shares of Bank First National stock opened at $129.59 on Tuesday. Bank First National Corporation has a twelve month low of $93.00 and a twelve month high of $139.71. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $127.01 and a two-hundred day simple moving average of $125.88. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 18.23 and a beta of 0.42.

Bank First National (NASDAQ:BFC) last announced its earnings results on Friday, November 7th. The company reported $1.91 earnings per share (EPS) for the quarter. Bank First National had a net margin of 29.34% and a return on equity of 11.28%. The firm had revenue of $44.21 million for the quarter. Analysts forecast that Bank First National Corporation will post 6.9 EPS for the current year.

Bank First National Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.