Rosenthal Henry Capital Advisors Inc. Has $2.95 Million Holdings in BancFirst Co. (NASDAQ:BANF)

Rosenthal Henry Capital Advisors Inc. raised its holdings in shares of BancFirst Co. (NASDAQ:BANF) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,002 shares of the bank’s stock after buying an additional 600 shares during the period. BancFirst comprises approximately 3.0% of Rosenthal Henry Capital Advisors Inc.’s investment portfolio, making the stock its 8th biggest position. Rosenthal Henry Capital Advisors Inc. owned 0.08% of BancFirst worth $2,947,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Sei Investments Co. grew its position in BancFirst by 58.8% in the 1st quarter. Sei Investments Co. now owns 24,140 shares of the bank’s stock valued at $2,125,000 after acquiring an additional 8,939 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of BancFirst by 85.7% in the first quarter. BNP Paribas Financial Markets now owns 10,980 shares of the bank’s stock worth $967,000 after purchasing an additional 5,066 shares during the last quarter. Janus Henderson Group PLC increased its stake in BancFirst by 87.5% in the 1st quarter. Janus Henderson Group PLC now owns 21,296 shares of the bank’s stock worth $1,874,000 after buying an additional 9,936 shares during the period. Edgestream Partners L.P. bought a new stake in BancFirst during the 1st quarter valued at about $4,274,000. Finally, Millennium Management LLC grew its stake in BancFirst by 499.6% in the 2nd quarter. Millennium Management LLC now owns 57,614 shares of the bank’s stock worth $5,053,000 after acquiring an additional 48,006 shares in the last quarter. Institutional investors own 51.72% of the company’s stock.

BancFirst Stock Down 0.3 %

BancFirst stock traded down $0.30 during trading hours on Friday, reaching $108.41. The stock had a trading volume of 64,377 shares, compared to its average volume of 82,726. BancFirst Co. has a 52 week low of $80.80 and a 52 week high of $115.62. The company has a market cap of $3.58 billion, a price-to-earnings ratio of 17.43 and a beta of 1.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.97 and a quick ratio of 0.97. The business’s 50 day moving average price is $106.49 and its 200-day moving average price is $97.13.

BancFirst Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.70%. This is an increase from BancFirst’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Monday, September 30th. BancFirst’s dividend payout ratio (DPR) is 29.58%.

Insiders Place Their Bets

In other news, Director William Scott Martin sold 5,000 shares of the stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $113.50, for a total transaction of $567,500.00. Following the completion of the sale, the director now owns 306,904 shares in the company, valued at approximately $34,833,604. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Dave R. Lopez sold 1,000 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $102.13, for a total value of $102,130.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Scott Martin sold 5,000 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $113.50, for a total value of $567,500.00. Following the sale, the director now owns 306,904 shares in the company, valued at approximately $34,833,604. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 97,266 shares of company stock valued at $10,487,165. 33.89% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

BANF has been the subject of a number of research analyst reports. DA Davidson lifted their target price on BancFirst from $104.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Piper Sandler increased their target price on shares of BancFirst from $84.50 to $95.00 and gave the stock an “underweight” rating in a report on Monday, July 22nd. Finally, StockNews.com lowered shares of BancFirst from a “hold” rating to a “sell” rating in a report on Wednesday, September 4th.

About BancFirst

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.