6,737 Shares in Bank First National Corporation $BFC Bought by Franklin Resources Inc.

Franklin Resources Inc. purchased a new stake in shares of Bank First National Corporation (NASDAQ:BFC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,737 shares of the company’s stock, valued at approximately $793,000. Franklin Resources Inc. owned 0.07% of Bank First National at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. CWM LLC lifted its position in shares of Bank First National by 17.0% during the 2nd quarter. CWM LLC now owns 669 shares of the company’s stock worth $79,000 after purchasing an additional 97 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Bank First National by 17,650.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 710 shares of the company’s stock worth $84,000 after buying an additional 706 shares during the period. XTX Topco Ltd acquired a new position in shares of Bank First National during the first quarter worth approximately $219,000. Police & Firemen s Retirement System of New Jersey boosted its position in shares of Bank First National by 6.5% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 2,098 shares of the company’s stock valued at $247,000 after acquiring an additional 128 shares during the period. Finally, HighTower Advisors LLC bought a new stake in shares of Bank First National in the first quarter valued at approximately $567,000. 29.95% of the stock is currently owned by institutional investors.

Bank First National Trading Down 0.5%

Shares of Bank First National stock opened at $129.86 on Friday. Bank First National Corporation has a 52-week low of $92.49 and a 52-week high of $135.72. The firm has a market capitalization of $1.28 billion, a PE ratio of 18.26 and a beta of 0.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.99 and a quick ratio of 0.99. The company’s fifty day moving average price is $125.84 and its two-hundred day moving average price is $123.00.

Bank First National (NASDAQ:BFC) last issued its earnings results on Friday, November 7th. The company reported $1.91 earnings per share for the quarter. The business had revenue of $44.21 million for the quarter. Bank First National had a net margin of 29.34% and a return on equity of 11.28%. On average, analysts expect that Bank First National Corporation will post 6.9 EPS for the current year.

Bank First National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 24th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, December 24th. Bank First National’s dividend payout ratio is currently 25.32%.

Analyst Ratings Changes

A number of brokerages recently issued reports on BFC. Piper Sandler boosted their target price on shares of Bank First National from $137.00 to $142.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Bank First National in a report on Wednesday, October 8th. Finally, Hovde Group increased their target price on shares of Bank First National from $145.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $146.00.

Bank First National 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.