BancFirst Co. (NASDAQ:BANF) Director Leslie Jeannine Rainbolt Sells 2,152 Shares

BancFirst Co. (NASDAQ:BANF) Director Leslie Jeannine Rainbolt sold 2,152 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $110.47, for a total value of $237,731.44. Following the transaction, the director now directly owns 4,942,550 shares in the company, valued at approximately $546,003,498.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Leslie Jeannine Rainbolt also recently made the following trade(s):

• On Friday, September 13th, Leslie Jeannine Rainbolt sold 10,371 shares of BancFirst stock. The shares were sold at an average price of $105.02, for a total value of $1,089,162.42.

BancFirst Stock Performance

Shares of BancFirst stock opened at $110.00 on Wednesday. BancFirst Co. has a 52 week low of $79.99 and a 52 week high of $115.62. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average is $105.12 and its two-hundred day moving average is $95.69. The company has a market capitalization of $3.63 billion, a PE ratio of 17.97 and a beta of 1.03.

BancFirst Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.46 per share. This is an increase from BancFirst’s previous quarterly dividend of $0.43. The ex-dividend date was Monday, September 30th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.67%. BancFirst’s dividend payout ratio is presently 30.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. DA Davidson upped their price objective on BancFirst from $104.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday. StockNews.com downgraded BancFirst from a “hold” rating to a “sell” rating in a research report on Wednesday, September 4th. Finally, Piper Sandler upped their price objective on BancFirst from $84.50 to $95.00 and gave the company an “underweight” rating in a research report on Monday, July 22nd.

Hedge Funds Weigh In On BancFirst

Hedge funds and other institutional investors have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. bought a new position in shares of BancFirst during the 3rd quarter worth $38,000. Blue Trust Inc. lifted its stake in shares of BancFirst by 33.9% during the 3rd quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock worth $41,000 after purchasing an additional 99 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of BancFirst by 557.1% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock worth $45,000 after purchasing an additional 429 shares during the last quarter. EntryPoint Capital LLC lifted its stake in shares of BancFirst by 56.8% during the 1st quarter. EntryPoint Capital LLC now owns 842 shares of the bank’s stock worth $74,000 after purchasing an additional 305 shares during the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in shares of BancFirst during the 2nd quarter worth $77,000. Institutional investors own 51.72% of the company’s stock.

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.