Leslie Jeannine Rainbolt Sells 2,152 Shares of BancFirst Co. (NASDAQ:BANF) Stock

BancFirst Co. (NASDAQ:BANF) Director Leslie Jeannine Rainbolt sold 2,152 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $110.47, for a total value of $237,731.44. Following the completion of the transaction, the director now directly owns 4,942,550 shares in the company, valued at approximately $546,003,498.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Leslie Jeannine Rainbolt also recently made the following trade(s):

• On Friday, September 13th, Leslie Jeannine Rainbolt sold 10,371 shares of BancFirst stock. The stock was sold at an average price of $105.02, for a total transaction of $1,089,162.42.

BancFirst Trading Down 4.2 %

BANF opened at $109.19 on Tuesday. The firm has a market capitalization of $3.60 billion, a PE ratio of 17.84 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. BancFirst Co. has a fifty-two week low of $79.99 and a fifty-two week high of $115.62. The company’s 50-day moving average is $104.88 and its 200 day moving average is $95.52.

BancFirst Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Monday, September 30th. This is a positive change from BancFirst’s previous quarterly dividend of $0.43. BancFirst’s dividend payout ratio (DPR) is currently 30.07%.

Institutional Investors Weigh In On BancFirst

Several institutional investors have recently bought and sold shares of BANF. Whittier Trust Co. of Nevada Inc. purchased a new position in BancFirst during the 3rd quarter worth $38,000. Blue Trust Inc. lifted its position in shares of BancFirst by 33.9% during the third quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock valued at $41,000 after purchasing an additional 99 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in BancFirst by 557.1% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock worth $45,000 after purchasing an additional 429 shares during the last quarter. EntryPoint Capital LLC grew its position in BancFirst by 56.8% in the 1st quarter. EntryPoint Capital LLC now owns 842 shares of the bank’s stock worth $74,000 after purchasing an additional 305 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in BancFirst in the 2nd quarter valued at about $77,000. Institutional investors own 51.72% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on BANF. DA Davidson increased their price objective on shares of BancFirst from $104.00 to $110.00 and gave the stock a “neutral” rating in a research report on Monday. StockNews.com downgraded BancFirst from a “hold” rating to a “sell” rating in a report on Wednesday, September 4th. Finally, Piper Sandler increased their target price on BancFirst from $84.50 to $95.00 and gave the stock an “underweight” rating in a report on Monday, July 22nd.

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.