U.S. Capital Wealth Advisors LLC Has $352,000 Position in First Financial Bankshares, Inc. (NASDAQ:FFIN)

U.S. Capital Wealth Advisors LLC boosted its holdings in First Financial Bankshares, Inc. (NASDAQ:FFIN) by 11.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,755 shares of the bank’s stock after buying an additional 1,000 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in First Financial Bankshares were worth $352,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Lindenwold Advisors INC lifted its holdings in First Financial Bankshares by 2.8% in the third quarter. Lindenwold Advisors INC now owns 9,091 shares of the bank’s stock valued at $336,000 after buying an additional 250 shares during the period. Ballentine Partners LLC raised its holdings in First Financial Bankshares by 2.8% in the third quarter. Ballentine Partners LLC now owns 12,190 shares of the bank’s stock worth $451,000 after purchasing an additional 333 shares during the period. Pacer Advisors Inc. raised its holdings in First Financial Bankshares by 2.3% in the fourth quarter. Pacer Advisors Inc. now owns 19,170 shares of the bank’s stock worth $691,000 after purchasing an additional 432 shares during the period. Huntington National Bank raised its holdings in First Financial Bankshares by 32.2% in the third quarter. Huntington National Bank now owns 2,369 shares of the bank’s stock worth $88,000 after purchasing an additional 577 shares during the period. Finally, Blue Trust Inc. raised its holdings in First Financial Bankshares by 1.8% in the fourth quarter. Blue Trust Inc. now owns 36,788 shares of the bank’s stock worth $1,362,000 after purchasing an additional 665 shares during the period. 69.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on FFIN shares. Stephens increased their target price on shares of First Financial Bankshares from $37.00 to $40.00 and gave the stock an “equal weight” rating in a report on Friday, October 18th. Hovde Group raised their price objective on shares of First Financial Bankshares from $34.50 to $40.00 and gave the stock a “market perform” rating in a report on Monday, October 21st. Finally, Keefe, Bruyette & Woods raised their price objective on shares of First Financial Bankshares from $40.00 to $41.00 and gave the stock a “market perform” rating in a report on Monday, January 27th.

Insider Transactions at First Financial Bankshares

In other news, CEO F Scott Dueser sold 25,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $40.73, for a total transaction of $1,018,250.00. Following the transaction, the chief executive officer now directly owns 471,004 shares in the company, valued at $19,183,992.92. The trade was a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.22% of the stock is owned by company insiders.

First Financial Bankshares Trading Up 0.4 %

First Financial Bankshares stock opened at $38.49 on Friday. The company has a market cap of $5.50 billion, a P/E ratio of 24.67 and a beta of 0.83. First Financial Bankshares, Inc. has a 1-year low of $27.62 and a 1-year high of $44.66. The company has a fifty day simple moving average of $37.87 and a 200 day simple moving average of $37.57.

First Financial Bankshares (NASDAQ:FFIN) last released its earnings results on Thursday, January 23rd. The bank reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. First Financial Bankshares had a net margin of 29.69% and a return on equity of 14.24%. On average, equities research analysts forecast that First Financial Bankshares, Inc. will post 1.72 EPS for the current year.

First Financial Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, March 14th. This represents a $0.72 annualized dividend and a dividend yield of 1.87%. First Financial Bankshares’s dividend payout ratio is presently 46.15%.

About First Financial Bankshares

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts.