Tudor Investment Corp ET AL Sells 10,063 Shares of BancFirst Corporation $BANF

Tudor Investment Corp ET AL lessened its holdings in shares of BancFirst Corporation (NASDAQ:BANF) by 77.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,011 shares of the bank’s stock after selling 10,063 shares during the period. Tudor Investment Corp ET AL’s holdings in BancFirst were worth $381,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. increased its stake in shares of BancFirst by 108.6% in the first 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. boosted its stake in shares of BancFirst by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,844 shares of the bank’s stock valued at $1,301,000 after purchasing an additional 505 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of 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 buying an additional 3,433 shares during the period. Jane Street Group LLC acquired a new position in BancFirst in the first quarter valued at $3,646,000. Finally, Cetera Investment Advisers bought a new stake in BancFirst during the second quarter valued at $207,000. 51.72% of the stock is owned by institutional investors.

BancFirst Trading Up 0.7%

BANF opened at $109.22 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.03 and a quick ratio of 1.03. The company’s 50-day moving average is $111.37 and its 200 day moving average is $113.66. The firm has a market capitalization of $3.66 billion, a PE ratio of 15.34 and a beta of 0.61. BancFirst Corporation has a fifty-two week low of $97.02 and a fifty-two week high of $138.77.

BancFirst (NASDAQ:BANF) last announced its earnings results on Thursday, January 22nd. The bank reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). BancFirst had a net margin of 25.05% and a return on equity of 13.68%. The company had revenue of $181.00 million for the quarter, compared to analysts’ expectations of $173.76 million. As a group, research analysts predict that BancFirst Corporation will post 6.52 earnings per share for the current fiscal year.

BancFirst Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, March 31st. BancFirst’s dividend payout ratio is 27.53%.

Analysts Set New Price Targets

Several brokerages recently commented on BANF. DA Davidson restated a “neutral” rating and set a $125.00 target price on shares of BancFirst in a research report on Monday, March 9th. Weiss Ratings downgraded shares of BancFirst from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Finally, Keefe, Bruyette & Woods increased their target price on shares of BancFirst from $120.00 to $123.00 and gave the stock a “market perform” rating in a research note on Friday, January 23rd. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $124.00.

About BancFirst

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.