16,775 Shares in BancFirst Co. (NASDAQ:BANF) Acquired by World Investment Advisors LLC

World Investment Advisors LLC purchased a new position in BancFirst Co. (NASDAQ:BANF) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,775 shares of the bank’s stock, valued at approximately $1,766,000. World Investment Advisors LLC owned approximately 0.05% of BancFirst at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of BancFirst in the third quarter worth $38,000. Blue Trust Inc. grew its stake in BancFirst by 33.9% in the 3rd quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock valued at $41,000 after buying an additional 99 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of BancFirst by 64.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 834 shares of the bank’s stock worth $73,000 after purchasing an additional 328 shares during the period. Point72 DIFC Ltd bought a new stake in shares of BancFirst in the second quarter valued at approximately $77,000. Finally, nVerses Capital LLC acquired a new stake in BancFirst in the 3rd quarter worth $105,000. 51.72% of the stock is owned by hedge funds and other institutional investors.

BancFirst Price Performance

BANF stock opened at $125.38 on Friday. The stock has a market cap of $4.15 billion, a PE ratio of 20.16 and a beta of 1.05. The stock has a 50-day moving average price of $118.08 and a two-hundred day moving average price of $104.52. BancFirst Co. has a 1 year low of $81.21 and a 1 year high of $132.29. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

BancFirst (NASDAQ:BANF) last posted its quarterly earnings data on Thursday, October 17th. The bank reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. BancFirst had a net margin of 23.52% and a return on equity of 13.92%. The company had revenue of $163.67 million for the quarter, compared to the consensus estimate of $156.70 million. Equities analysts forecast that BancFirst Co. will post 6.37 EPS for the current fiscal year.

BancFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Tuesday, December 31st. BancFirst’s dividend payout ratio is currently 29.58%.

Insider Activity at BancFirst

In other BancFirst news, major shareholder Main Street Banking Partners L sold 778 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $110.00, for a total value of $85,580.00. Following the transaction, the insider now directly owns 4,941,772 shares of the company’s stock, valued at $543,594,920. This represents a 0.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dennis Jay Hannah sold 10,543 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $126.58, for a total value of $1,334,532.94. Following the completion of the transaction, the executive vice president now directly owns 1,564 shares in the company, valued at $197,971.12. The trade was a 87.08 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 129,150 shares of company stock valued at $15,442,825. 33.89% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on BANF shares. Keefe, Bruyette & Woods boosted their price target on shares of BancFirst from $117.00 to $135.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. DA Davidson upped their price objective on BancFirst from $104.00 to $110.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Finally, StockNews.com raised shares of BancFirst from a “sell” rating to a “hold” rating in a report on Thursday, November 7th.

BancFirst Company Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.