5,877 Shares in Bank First National Corporation $BFC Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Bank First National Corporation (NASDAQ:BFC) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 5,877 shares of the company’s stock, valued at approximately $713,000.

Several other hedge funds also recently added to or reduced their stakes in BFC. Vanguard Group Inc. raised its holdings in Bank First National by 0.5% during the third quarter. Vanguard Group Inc. now owns 588,765 shares of the company’s stock worth $71,423,000 after purchasing an additional 2,862 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Bank First National by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 84,044 shares of the company’s stock valued at $9,888,000 after buying an additional 1,619 shares in the last quarter. Creative Planning grew its position in shares of Bank First National by 3.9% in the 2nd quarter. Creative Planning now owns 57,162 shares of the company’s stock valued at $6,725,000 after buying an additional 2,167 shares during the last quarter. Jane Street Group LLC grew its position in shares of Bank First National by 212.7% in the 2nd quarter. Jane Street Group LLC now owns 34,276 shares of the company’s stock valued at $4,033,000 after buying an additional 23,314 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Bank First National by 87.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,452 shares of the company’s stock worth $3,209,000 after acquiring an additional 12,306 shares in the last quarter. 29.95% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Piper Sandler boosted their price target on shares of Bank First National from $142.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank First National in a report on Wednesday, January 21st. Zacks Research upgraded Bank First National from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Scotiabank raised Bank First National to a “sector outperform” rating in a report on Monday, January 26th. Finally, Wall Street Zen cut Bank First National from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $150.00.

Bank First National Stock Down 0.2%

BFC stock opened at $136.32 on Friday. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 18.85 and a beta of 0.43. The company has a fifty day moving average price of $136.13 and a 200 day moving average price of $130.44. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 0.99. Bank First National Corporation has a 12 month low of $93.00 and a 12 month high of $152.99.

Bank First National (NASDAQ:BFC) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.25. Bank First National had a net margin of 29.31% and a return on equity of 11.61%. The company had revenue of $49.68 million for the quarter, compared to the consensus estimate of $43.75 million. Sell-side analysts expect that Bank First National Corporation will post 6.9 earnings per share for the current year.

Bank First National Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be issued a dividend of $0.50 per share. This is an increase from Bank First National’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, March 25th. Bank First National’s dividend payout ratio is 24.90%.

Insider Transactions at Bank First National

In other Bank First National news, Director Steven M. Eldred sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $145.02, for a total transaction of $1,160,160.00. Following the completion of the sale, the director directly owned 133,680 shares of the company’s stock, valued at $19,386,273.60. This represents a 5.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.42% of the stock is owned by company insiders.

Bank First National Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.