SG Americas Securities LLC Grows Stock Holdings in Bank First Co. (NASDAQ:BFC)

SG Americas Securities LLC raised its holdings in shares of Bank First Co. (NASDAQ:BFC) by 20.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,438 shares of the company’s stock after buying an additional 742 shares during the period. SG Americas Securities LLC’s holdings in Bank First were worth $440,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Bank First by 1.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock worth $1,037,000 after buying an additional 155 shares in the last quarter. Quest Partners LLC lifted its position in Bank First by 212.6% in the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock worth $187,000 after buying an additional 1,399 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Bank First by 61.4% in the 2nd quarter. Marshall Wace LLP now owns 6,513 shares of the company’s stock worth $538,000 after acquiring an additional 2,478 shares during the last quarter. PDT Partners LLC purchased a new position in shares of Bank First during the third quarter valued at approximately $306,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Bank First by 6.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company’s stock valued at $6,791,000 after acquiring an additional 4,480 shares during the period. 29.95% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Bank First Trading Down 0.6 %

Shares of NASDAQ BFC opened at $101.18 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02. The business has a fifty day simple moving average of $101.87 and a two-hundred day simple moving average of $95.57. The firm has a market cap of $1.01 billion, a PE ratio of 15.57 and a beta of 0.35. Bank First Co. has a twelve month low of $74.90 and a twelve month high of $110.49.

Bank First (NASDAQ:BFC) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. Analysts expect that Bank First Co. will post 6.9 earnings per share for the current fiscal year.

Bank First Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 26th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Wednesday, March 26th. Bank First’s dividend payout ratio is currently 27.69%.

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.