BidaskClub downgraded shares of BancFirst (NASDAQ:BANF) from a hold rating to a sell rating in a research note released on Wednesday.

A number of other equities analysts also recently weighed in on BANF. ValuEngine downgraded shares of BancFirst from a buy rating to a hold rating in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of BancFirst from a buy rating to a hold rating in a research note on Tuesday, October 24th.

BancFirst (BANF) traded up $1.65 during trading hours on Wednesday, reaching $54.80. 95,527 shares of the company’s stock were exchanged, compared to its average volume of 29,145. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $1,693.89, a P/E ratio of 20.13, a P/E/G ratio of 1.94 and a beta of 0.56. BancFirst has a 12 month low of $42.50 and a 12 month high of $61.05.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Thursday, December 28th. BancFirst’s dividend payout ratio is currently 31.82%.

In other BancFirst news, Director H E. Rainbolt bought 500 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were acquired at an average price of $53.75 per share, with a total value of $26,875.00. Following the purchase, the director now owns 606 shares in the company, valued at approximately $32,572.50. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Banking Ltd Ptnrshp R sold 10,700 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $56.38, for a total transaction of $603,266.00. Following the completion of the transaction, the insider now directly owns 10,989,300 shares in the company, valued at approximately $619,576,734. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,200 shares of company stock worth $852,966. 42.32% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. Crawford Investment Counsel Inc. raised its stake in shares of BancFirst by 1.5% in the 2nd quarter. Crawford Investment Counsel Inc. now owns 33,321 shares of the bank’s stock valued at $3,219,000 after acquiring an additional 500 shares during the period. John W. Rosenthal Capital Management Inc. raised its stake in shares of BancFirst by 2.8% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 62,836 shares of the bank’s stock valued at $6,070,000 after acquiring an additional 1,700 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of BancFirst in the 2nd quarter valued at $1,635,000. Vanguard Group Inc. raised its stake in shares of BancFirst by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 803,896 shares of the bank’s stock valued at $77,657,000 after acquiring an additional 10,658 shares during the period. Finally, Chicago Equity Partners LLC raised its stake in shares of BancFirst by 207.7% in the 2nd quarter. Chicago Equity Partners LLC now owns 19,475 shares of the bank’s stock valued at $1,881,000 after acquiring an additional 13,145 shares during the period. 33.10% of the stock is currently owned by institutional investors and hedge funds.

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About BancFirst

BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.

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