Tudor Investment Corp ET AL Decreases Position in BancFirst Corporation $BANF

Tudor Investment Corp ET AL decreased its position in BancFirst Corporation (NASDAQ:BANF) by 77.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,011 shares of the bank’s stock after selling 10,063 shares during the period. Tudor Investment Corp ET AL’s holdings in BancFirst were worth $381,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. lifted its position in shares of BancFirst by 108.6% during the 1st quarter. Advisors Asset Management Inc. now owns 559 shares of the bank’s stock valued at $61,000 after buying an additional 291 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of BancFirst by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,844 shares of the bank’s stock worth $1,301,000 after purchasing an additional 505 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of BancFirst by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 46,396 shares of the bank’s stock valued at $5,098,000 after buying an additional 3,433 shares in the last quarter. Jane Street Group LLC bought a new position in BancFirst in the 1st quarter worth approximately $3,646,000. Finally, Cetera Investment Advisers bought a new stake in BancFirst during the 2nd quarter valued at $207,000. 51.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings lowered BancFirst from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 27th. DA Davidson reaffirmed a “neutral” rating and set a $125.00 target price on shares of BancFirst in a report on Monday, March 9th. Finally, Keefe, Bruyette & Woods raised their price target on BancFirst from $120.00 to $123.00 and gave the company a “market perform” rating in a report on Friday, January 23rd. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $124.00.

BancFirst Stock Performance

BancFirst stock opened at $109.22 on Thursday. BancFirst Corporation has a fifty-two week low of $97.02 and a fifty-two week high of $138.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap of $3.66 billion, a P/E ratio of 15.34 and a beta of 0.61. The firm’s fifty day moving average price is $111.37 and its 200-day moving average price is $113.66.

BancFirst (NASDAQ:BANF) last released its earnings results on Thursday, January 22nd. The bank reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). BancFirst had a net margin of 25.05% and a return on equity of 13.68%. The firm had revenue of $181.00 million during the quarter, compared to the consensus estimate of $173.76 million. On average, equities research analysts expect that BancFirst Corporation will post 6.52 earnings per share for the current fiscal year.

BancFirst Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.49 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.96 annualized dividend and a dividend yield of 1.8%. BancFirst’s dividend payout ratio is 27.53%.

BancFirst Profile

BancFirst Corporation is a regional banking holding company based in Oklahoma City, Oklahoma. As the largest state‐chartered bank in Oklahoma, BancFirst offers a comprehensive suite of financial services to individuals, businesses and government entities. Its core business activities include commercial and consumer banking, mortgage lending, treasury management, equipment financing and electronic banking solutions.

The bank operates a network of more than 60 branches across Oklahoma, serving urban centers such as Oklahoma City and Tulsa, as well as rural communities throughout the state.