Ameritas Investment Partners Inc. Has $125,000 Stake in BancFirst Corporation (BANF)
Ameritas Investment Partners Inc. lifted its position in BancFirst Corporation (NASDAQ:BANF) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,301 shares of the bank’s stock after buying an additional 86 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in BancFirst Corporation were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently modified their holdings of BANF. Janus Henderson Group PLC acquired a new stake in shares of BancFirst Corporation in the second quarter worth $22,854,000. Vanguard Group Inc. lifted its stake in shares of BancFirst Corporation by 7.2% in the first quarter. Vanguard Group Inc. now owns 793,238 shares of the bank’s stock worth $71,312,000 after buying an additional 53,261 shares during the last quarter. AQR Capital Management LLC increased its position in BancFirst Corporation by 33.0% during the first quarter. AQR Capital Management LLC now owns 70,997 shares of the bank’s stock worth $6,383,000 after acquiring an additional 17,624 shares during the period. Goldman Sachs Group Inc. bought a new position in BancFirst Corporation during the second quarter worth $1,635,000. Finally, Dimensional Fund Advisors LP increased its position in BancFirst Corporation by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 540,554 shares of the bank’s stock worth $48,597,000 after acquiring an additional 16,858 shares during the period. Institutional investors and hedge funds own 17.43% of the company’s stock.
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In other BancFirst Corporation news, Director Dave R. Lopez sold 5,373 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $50.26, for a total value of $270,046.98. Following the sale, the director now owns 4,366 shares of the company’s stock, valued at approximately $219,435.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Darryl Schmidt sold 2,000 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $56.10, for a total transaction of $112,200.00. Following the completion of the sale, the executive vice president now directly owns 2,000 shares in the company, valued at approximately $112,200. The disclosure for this sale can be found here. Insiders have sold 13,699 shares of company stock worth $701,176 in the last ninety days. 44.97% of the stock is currently owned by insiders.
BancFirst Corporation (NASDAQ:BANF) opened at $52.45 on Wednesday. BancFirst Corporation has a 52-week low of $35.45 and a 52-week high of $61.05. The stock has a market cap of $1,738.51, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.99 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.
The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.84 dividend on an annualized basis and a yield of 1.60%. This is a positive change from BancFirst Corporation’s previous quarterly dividend of $0.19. BancFirst Corporation’s payout ratio is 31.82%.
A number of equities analysts recently issued reports on the stock. ValuEngine lowered shares of BancFirst Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of BancFirst Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th.
About BancFirst Corporation
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.
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