6,307 Shares in BancFirst Corporation $BANF Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC acquired a new stake in shares of BancFirst Corporation (NASDAQ:BANF) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,307 shares of the bank’s stock, valued at approximately $701,000.

A number of other large investors have also added to or reduced their stakes in BANF. Advisors Asset Management Inc. lifted its holdings in shares of BancFirst by 108.6% during the first quarter. Advisors Asset Management Inc. now owns 559 shares of the bank’s stock valued at $61,000 after purchasing an additional 291 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BancFirst by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,844 shares of the bank’s stock worth $1,301,000 after buying an additional 505 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in BancFirst by 8.0% in the 1st 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 last quarter. Jane Street Group LLC purchased a new position in BancFirst in the 1st quarter worth about $3,646,000. Finally, Cetera Investment Advisers bought a new position in BancFirst during the 2nd quarter valued at about $207,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

BancFirst Trading Up 0.0%

Shares of BancFirst stock opened at $114.97 on Wednesday. BancFirst Corporation has a twelve month low of $101.48 and a twelve month high of $138.77. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $114.18 and a 200-day moving average price of $112.50. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 15.52 and a beta of 0.61.

BancFirst (NASDAQ:BANF) last posted its earnings results on Thursday, July 23rd. The bank reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.16. The company had revenue of $187.49 million for the quarter, compared to the consensus estimate of $178.53 million. BancFirst had a return on equity of 13.44% and a net margin of 25.61%. Equities research analysts anticipate that BancFirst Corporation will post 7.67 EPS for the current fiscal year.

BancFirst Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.49 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.7%. BancFirst’s dividend payout ratio (DPR) is 26.45%.

Insiders Place Their Bets

In related news, Director David E. Rainbolt sold 8,506 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $115.00, for a total transaction of $978,190.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 166,783 shares of company stock valued at $19,366,509 in the last quarter. Insiders own 31.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings downgraded shares of BancFirst from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Zacks Research upgraded BancFirst from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. DA Davidson reissued a “neutral” rating and set a $125.00 target price on shares of BancFirst in a research note on Friday, June 12th. Wall Street Zen raised BancFirst from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Keefe, Bruyette & Woods dropped their price target on BancFirst from $123.00 to $121.00 and set a “market perform” rating for the company in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BancFirst currently has a consensus rating of “Moderate Buy” and an average price target of $123.00.

BancFirst Profile

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.