BancFirst Corporation $BANF Shares Purchased by Callan Family Office LLC

Callan Family Office LLC raised its position in BancFirst Corporation (NASDAQ:BANF) by 30.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,506 shares of the bank’s stock after purchasing an additional 7,756 shares during the quarter. Callan Family Office LLC owned about 0.10% of BancFirst worth $4,237,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Advisors Asset Management Inc. raised its position in shares of BancFirst by 108.6% during the 1st quarter. Advisors Asset Management Inc. now owns 559 shares of the bank’s stock valued at $61,000 after buying an additional 291 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in BancFirst by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,844 shares of the bank’s stock worth $1,301,000 after acquiring an additional 505 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in BancFirst by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 46,396 shares of the bank’s stock worth $5,098,000 after acquiring an additional 3,433 shares during the last quarter. Jane Street Group LLC purchased a new stake in BancFirst in the first quarter valued at $3,646,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of BancFirst in the 2nd quarter valued at $226,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

BancFirst Stock Up 0.8%

Shares of NASDAQ:BANF opened at $113.01 on Wednesday. The firm has a market capitalization of $3.77 billion, a PE ratio of 15.87 and a beta of 0.66. BancFirst Corporation has a 1 year low of $97.02 and a 1 year high of $138.77. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 1.02. The firm’s 50-day moving average is $110.64 and its two-hundred day moving average is $118.48.

BancFirst (NASDAQ:BANF) last announced its quarterly earnings data on Thursday, January 22nd. The bank reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). BancFirst had a net margin of 25.13% and a return on equity of 13.93%. The business had revenue of $181.00 million during the quarter, compared to analyst estimates of $173.76 million. Analysts predict that BancFirst Corporation will post 6.52 EPS for the current year.

BancFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.49 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.7%. BancFirst’s dividend payout ratio is currently 27.53%.

Analyst Ratings Changes

BANF has been the subject of a number of recent analyst reports. Wall Street Zen downgraded BancFirst from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of BancFirst in a research note on Monday, December 22nd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of BancFirst from $120.00 to $123.00 and gave the company a “market perform” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $129.50.

BancFirst Profile

BancFirst Corporation is a regional banking holding company based in Oklahoma City, Oklahoma. As the largest state‐chartered bank in Oklahoma, BancFirst offers a comprehensive suite of financial services to individuals, businesses and government entities. Its core business activities include commercial and consumer banking, mortgage lending, treasury management, equipment financing and electronic banking solutions.

The bank operates a network of more than 60 branches across Oklahoma, serving urban centers such as Oklahoma City and Tulsa, as well as rural communities throughout the state.