UBS Group AG Purchases 5,158 Shares of Bank First National Corporation $BFC

UBS Group AG increased its stake in Bank First National Corporation (NASDAQ:BFC) by 15.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,433 shares of the company’s stock after acquiring an additional 5,158 shares during the period. UBS Group AG owned approximately 0.39% of Bank First National worth $4,682,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new position in shares of Bank First National during the third quarter valued at approximately $48,000. Russell Investments Group Ltd. purchased a new position in shares of Bank First National during the third quarter valued at approximately $94,000. BNP Paribas Financial Markets boosted its position in shares of Bank First National by 22.5% during the second quarter. BNP Paribas Financial Markets now owns 816 shares of the company’s stock valued at $96,000 after buying an additional 150 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Bank First National by 118.4% during the second quarter. Tower Research Capital LLC TRC now owns 1,129 shares of the company’s stock valued at $133,000 after buying an additional 612 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Bank First National during the fourth quarter valued at approximately $216,000. Hedge funds and other institutional investors own 29.95% of the company’s stock.

Bank First National Stock Performance

Shares of BFC stock opened at $142.37 on Friday. The business’s fifty day simple moving average is $139.84 and its 200-day simple moving average is $134.99. The company has a market cap of $1.59 billion, a PE ratio of 19.80 and a beta of 0.44. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.03. Bank First National Corporation has a 12-month low of $109.11 and a 12-month high of $152.99.

Bank First National (NASDAQ:BFC) last issued its quarterly earnings results on Thursday, April 16th. The company reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.40 by ($0.16). The business had revenue of $63.75 million for the quarter, compared to analyst estimates of $65.70 million. Bank First National had a return on equity of 11.89% and a net margin of 27.49%.During the same period in the previous year, the company posted $1.82 earnings per share. Analysts expect that Bank First National Corporation will post 9.5 earnings per share for the current fiscal year.

Bank First National Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, June 24th. This is a positive change from Bank First National’s previous quarterly dividend of $0.50. Bank First National’s payout ratio is currently 27.82%.

Insider Buying and Selling at Bank First National

In other news, Director Michael S. Stayer-Suprick bought 225 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The shares were purchased at an average cost of $140.04 per share, with a total value of $31,509.00. Following the transaction, the director directly owned 4,597 shares in the company, valued at approximately $643,763.88. The trade was a 5.15% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Todd A. Sprang bought 450 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was purchased at an average cost of $138.96 per share, for a total transaction of $62,532.00. Following the completion of the transaction, the director owned 2,015 shares in the company, valued at $280,004.40. This trade represents a 28.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 4.97% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wall Street Zen raised shares of Bank First National from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 16th. Piper Sandler lifted their price target on shares of Bank First National from $150.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, April 20th. Zacks Research downgraded shares of Bank First National from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Scotiabank raised shares of Bank First National to a “sector outperform” rating in a research note on Monday, January 26th. Finally, Weiss Ratings raised shares of Bank First National from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $161.00.

Bank First National Company Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.