Janus Henderson Group PLC Sells 358 Shares of Bank First Co. (NASDAQ:BFC)

Janus Henderson Group PLC decreased its position in Bank First Co. (NASDAQ:BFC) by 4.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,106 shares of the company’s stock after selling 358 shares during the period. Janus Henderson Group PLC’s holdings in Bank First were worth $734,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BFC. PDT Partners LLC purchased a new position in Bank First during the 3rd quarter valued at about $306,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Bank First by 1.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock valued at $1,037,000 after buying an additional 155 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Bank First by 6.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company’s stock valued at $6,791,000 after acquiring an additional 4,480 shares in the last quarter. Quest Partners LLC lifted its stake in Bank First by 212.6% in the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock worth $187,000 after acquiring an additional 1,399 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Bank First by 91.7% in the third quarter. SG Americas Securities LLC now owns 3,696 shares of the company’s stock valued at $335,000 after acquiring an additional 1,768 shares in the last quarter. 29.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Piper Sandler raised their target price on shares of Bank First from $99.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th.

Bank First Stock Down 0.4 %

Shares of NASDAQ:BFC opened at $106.79 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. Bank First Co. has a 52-week low of $74.90 and a 52-week high of $110.49. The firm has a market capitalization of $1.07 billion, a P/E ratio of 13.12 and a beta of 0.34. The stock has a 50 day moving average price of $99.51 and a 200-day moving average price of $91.03.

Bank First (NASDAQ:BFC) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $1.65 EPS for the quarter, beating the consensus estimate of $1.54 by $0.11. The business had revenue of $58.93 million during the quarter, compared to analyst estimates of $39.60 million. Bank First had a return on equity of 10.10% and a net margin of 32.02%. As a group, equities research analysts anticipate that Bank First Co. will post 6.35 EPS for the current fiscal year.

Bank First Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 23rd will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.80 annualized dividend and a yield of 1.69%. This is a positive change from Bank First’s previous quarterly dividend of $0.40. Bank First’s payout ratio is presently 22.11%.

Bank First Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.