JPMorgan Chase & Co. boosted its holdings in BancFirst Co. (NASDAQ:BANF) by 102.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 446,497 shares of the bank’s stock after buying an additional 226,044 shares during the period. JPMorgan Chase & Co. owned 1.40% of BancFirst worth $25,339,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of BancFirst by 1.3% during the second quarter. Vanguard Group Inc. now owns 803,896 shares of the bank’s stock valued at $77,657,000 after purchasing an additional 10,658 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of BancFirst by 2.2% during the second quarter. Dimensional Fund Advisors LP now owns 552,464 shares of the bank’s stock valued at $53,369,000 after purchasing an additional 11,910 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of BancFirst by 96.1% during the third quarter. Bank of New York Mellon Corp now owns 291,173 shares of the bank’s stock valued at $16,525,000 after purchasing an additional 142,674 shares in the last quarter. Northern Trust Corp grew its position in shares of BancFirst by 1.8% during the second quarter. Northern Trust Corp now owns 255,910 shares of the bank’s stock valued at $24,719,000 after purchasing an additional 4,482 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new position in shares of BancFirst during the second quarter valued at about $22,854,000. Hedge funds and other institutional investors own 33.10% of the company’s stock.

BancFirst Co. (BANF) opened at $53.15 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.02 and a quick ratio of 1.02. BancFirst Co. has a 1-year low of $42.50 and a 1-year high of $61.05. The company has a market cap of $1,719.39, a PE ratio of 20.44, a P/E/G ratio of 1.97 and a beta of 0.56.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Thursday, December 28th. BancFirst’s payout ratio is currently 31.82%.

In other BancFirst news, EVP Darryl Schmidt sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $56.10, for a total value of $112,200.00. Following the completion of the sale, the executive vice president now owns 2,000 shares of the company’s stock, valued at $112,200. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director H E. Rainbolt purchased 500 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were bought at an average cost of $53.75 per share, with a total value of $26,875.00. Following the purchase, the director now directly owns 606 shares of the company’s stock, valued at approximately $32,572.50. The disclosure for this purchase can be found here. In the last three months, insiders sold 15,200 shares of company stock valued at $852,966. 42.32% of the stock is owned by insiders.

A number of research analysts recently commented on the stock. BidaskClub downgraded shares of BancFirst from a “hold” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research downgraded shares of BancFirst from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Finally, ValuEngine downgraded shares of BancFirst from a “buy” rating to a “hold” rating in a report on Friday, September 1st.

ILLEGAL ACTIVITY NOTICE: This article was originally published by Watch List News and is the property of of Watch List News. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.watchlistnews.com/jpmorgan-chase-co-has-25-34-million-holdings-in-bancfirst-co-banf/1764808.html.

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.

Want to see what other hedge funds are holding BANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BancFirst Co. (NASDAQ:BANF).

Institutional Ownership by Quarter for BancFirst (NASDAQ:BANF)

Receive News & Ratings for BancFirst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BancFirst and related companies with MarketBeat.com's FREE daily email newsletter.