SG Americas Securities LLC holds $871,000 in BankFirst Company (NASDAQ:BANF)

SG Americas Securities LLC has acquired BancFirst Co. (NASDAQ: BANF – GET Rating) 56.5% in the first quarter, reports HoldingsChannel.com. The firm held 10,462 shares of the bank’s stock after selling 13,566 shares during this period. SG America Securities LLC’s holding in BankFirst was $871,000 at the end of the most recent quarter.

Many other institutional investors and hedge funds have also bought and sold shares of the stock. BankFirst Trust and Investment Management acquired a new stake in Bankfirst worth $75,605,000 in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in BankFirst worth $69,011,000 in the fourth quarter. Charles Schwab Investment Management Inc. increased its stake in BankFirst by 4.3 percent in the fourth quarter. After purchasing an additional 13,344 shares during this period, Charles Schwab Investment Management Inc. now holds 322,964 shares of the bank’s stock worth $22,789,000. JPMorgan Chase & Co increased its stake in BankFirst by 1.9% in the fourth quarter. JPMorgan Chase & Company now has 115,555 shares of the bank’s stock valued at $8,154,000 after purchasing an additional 2,167 shares during the period. Finally, Bank of America Corp. DE increased its stake in BankFirst to 10.7% in the fourth quarter. Bank of America Corp DE now owns 75,998 shares of the bank’s stock worth $5,362,000 after purchasing an additional 7,350 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BankFirst

In other news, major shareholder BF Bank Partners LP sold 52,500 shares of the stock in a transaction on Thursday, May 12th. Shares were sold at an average price of $84.06 for a total transaction of $4,413,150.00. Following the transaction, the insider now owns 5,136,927 shares of the company’s stock, valued at approximately $431,810,083.62. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available through the SEC website. In other news, major shareholder BF Bank Partners LP sold 52,500 shares of the stock in a transaction on Thursday, May 12th. Shares were sold at an average price of $84.06 for a total transaction of $4,413,150.00. Following the transaction, the insider now owns 5,136,927 shares of the company’s stock, valued at approximately $431,810,083.62. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available through the SEC website. In addition, Director Robin Noel Roberson sold 5,000 shares of the stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $106.67 for a total transaction of $533,350.00. The disclosure of this sale can be found here. Insiders have sold 164,089 shares of company stock worth $13,834,667 in the past 90 days. 35.70% of the stock is currently owned by corporate insiders.

Read |  Bear Market Got You Down? This Top Stock Is Soaring High

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BANF. Piper Sandler raised its price objective on BankFirst to $91.00 in a report on Monday, July 25. StockNews.com upgraded BankFirst from a “Sell” rating to a “Hold” rating in a report on Monday, July 25. BankFirst Stock Performance

Shares of BankFirst opened Monday at $107.39. The company has a current ratio of 0.96, quick ratio 0.96 and debt-to-equity ratio of 0.07. The 50-day moving average price of the business is $94.47 and the two-hundred-day moving average price is $85.20. BankFirst Company’s 1-year low is $53.77 and 1-year high is $108.72. The company has a market cap of $3.52 billion, a P/E ratio of 22.70 and a beta of 1.07.

BankFirst (NASDAQ:BANF – GET Rating) last released its quarterly earnings results on Thursday, July 21. The bank reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.25. BankFirst had a return on equity of 13.56% and a net margin of 38.21%. As a group, analysts expect BankFirst Company to post 5.56 EPS for the current year.

BankFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15. On Thursday, June 30, a dividend of $0.36 per share was paid to shareholders of record. The ex-dividend date was Wednesday, June 29. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.34%. BankFirst’s Dividend Payout Ratio (DPR) currently stands at 30.44%.

About BankFirst

(get rating)

BankFirst Corporation serves as the bank holding company for BankFirst which provides a variety of commercial banking services to retail customers and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, Pegasus Bank 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 |  Stock Market Analysis: Tech View: Bullish Engulfing Candle on Monthly Charts Shows Better Sentiment

Featured Stories

Want to see which other hedge funds are holding BANF? BancFirst Co. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for (NASDAQ:BANF – GET RATINGS).

Receive news and ratings for BancFirst Daily – Enter your email address below to receive a brief daily summary of the latest news and analyst ratings for BancFirst and related companies with MarketBeat.com’s free daily email newsletter.

Source link