BancFirst Co. (BANF) Holdings Lifted by American International Group Inc.

American International Group Inc. boosted its holdings in BancFirst Co. (NASDAQ:BANF) by 116.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,266 shares of the bank’s stock after buying an additional 6,054 shares during the period. American International Group Inc.’s holdings in BancFirst were worth $639,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BANF. Crawford Investment Counsel Inc. increased its position in shares of BancFirst by 1.5% during the second quarter. Crawford Investment Counsel Inc. now owns 33,321 shares of the bank’s stock valued at $3,219,000 after purchasing an additional 500 shares during the period. John W. Rosenthal Capital Management Inc. boosted its stake in BancFirst by 2.8% in the second quarter. John W. Rosenthal Capital Management Inc. now owns 62,836 shares of the bank’s stock worth $6,070,000 after purchasing an additional 1,700 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in BancFirst in the second quarter worth $1,635,000. Prudential Financial Inc. boosted its stake in BancFirst by 90.7% in the third quarter. Prudential Financial Inc. now owns 65,692 shares of the bank’s stock worth $3,728,000 after purchasing an additional 31,251 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in BancFirst by 1.3% in the second quarter. Vanguard Group Inc. now owns 803,896 shares of the bank’s stock worth $77,657,000 after purchasing an additional 10,658 shares in the last quarter. 33.10% of the stock is currently owned by institutional investors.

In other BancFirst news, major shareholder Banking Ltd Ptnrshp R sold 10,700 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $56.38, for a total value of $603,266.00. Following the completion of the sale, the insider now directly owns 10,989,300 shares in the company, valued at $619,576,734. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Darryl Schmidt sold 2,000 shares of the stock in a transaction dated Monday, October 23rd. The stock was 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 disclosure for this sale can be found here. Insiders have sold 18,741 shares of company stock worth $1,051,262 in the last ninety days. 42.32% of the stock is currently owned by insiders.

A number of equities analysts have commented on the company. BidaskClub lowered BancFirst from a “hold” rating to a “sell” rating in a research note on Wednesday, December 13th. Zacks Investment Research lowered BancFirst from a “buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Finally, ValuEngine lowered BancFirst from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

BancFirst Co. (BANF) opened at $53.95 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02. BancFirst Co. has a one year low of $42.50 and a one year high of $61.05. The stock has a market capitalization of $1,750.00, a price-to-earnings ratio of 20.44, a PEG ratio of 1.98 and a beta of 0.55.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Thursday, December 28th. BancFirst’s dividend payout ratio (DPR) is presently 31.82%.

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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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Institutional Ownership by Quarter for BancFirst (NASDAQ:BANF)

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