Wealthcare Advisory Partners LLC Has $2.30 Million Stake in Bank First Co. (NASDAQ:BFC)

Wealthcare Advisory Partners LLC cut its position in shares of Bank First Co. (NASDAQ:BFC) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,207 shares of the company’s stock after selling 265 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.23% of Bank First worth $2,300,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. American Century Companies Inc. increased its holdings in Bank First by 167.3% in the second quarter. American Century Companies Inc. now owns 37,873 shares of the company’s stock worth $3,128,000 after purchasing an additional 23,705 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Bank First by 130.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,865 shares of the company’s stock valued at $2,165,000 after acquiring an additional 13,502 shares in the last quarter. Barclays PLC lifted its position in shares of Bank First by 339.9% during the 3rd quarter. Barclays PLC now owns 15,635 shares of the company’s stock valued at $1,417,000 after acquiring an additional 12,081 shares during the period. Geode Capital Management LLC lifted its position in shares of Bank First by 3.7% during the 3rd quarter. Geode Capital Management LLC now owns 222,204 shares of the company’s stock valued at $20,158,000 after acquiring an additional 7,922 shares during the period. Finally, State Street Corp boosted its stake in Bank First by 3.4% during the third quarter. State Street Corp now owns 238,225 shares of the company’s stock worth $21,701,000 after acquiring an additional 7,822 shares in the last quarter. Institutional investors own 29.95% of the company’s stock.

Analysts Set New Price Targets

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

Bank First Trading Up 1.4 %

Shares of Bank First stock opened at $98.94 on Friday. The stock has a market capitalization of $990.59 million, a PE ratio of 12.15 and a beta of 0.35. Bank First Co. has a 52 week low of $74.90 and a 52 week high of $110.49. The stock has a 50 day moving average price of $102.49 and a two-hundred day moving average price of $94.20. 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 (NASDAQ:BFC) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.11. Bank First had a net margin of 32.02% and a return on equity of 10.10%. The business had revenue of $58.93 million during the quarter, compared to the consensus estimate of $39.60 million. As a group, equities analysts anticipate that Bank First Co. will post 6.35 earnings per share for the current fiscal year.

Bank First 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.