Arizona State Retirement System Has $306,000 Holdings in BancFirst Co. (NASDAQ:BANF)

Arizona State Retirement System cut its position in BancFirst Co. (NASDAQ:BANF) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,213 shares of the bank’s stock after selling 206 shares during the period. Arizona State Retirement System’s holdings in BancFirst were worth $306,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in BancFirst in the fourth quarter valued at about $88,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of BancFirst by 197.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,105 shares of the bank’s stock worth $127,000 after purchasing an additional 2,062 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in shares of BancFirst during the fourth quarter worth approximately $135,000. Amundi Pioneer Asset Management Inc. acquired a new position in shares of BancFirst during the first quarter worth approximately $141,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of BancFirst by 280.3% during the third quarter. BNP Paribas Arbitrage SA now owns 4,411 shares of the bank’s stock worth $180,000 after purchasing an additional 3,251 shares in the last quarter. Hedge funds and other institutional investors own 37.80% of the company’s stock.

In other news, Director Joe Goyne bought 600 shares of the stock in a transaction on Friday, January 29th. The stock was purchased at an average price of $58.00 per share, with a total value of $34,800.00. Following the completion of the purchase, the director now owns 4,600 shares of the company’s stock, valued at $266,800. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mike Wallace sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $62.25, for a total transaction of $747,000.00. Insiders sold 42,000 shares of company stock worth $2,484,800 over the last 90 days. 38.45% of the stock is currently owned by company insiders.

Shares of NASDAQ BANF opened at $66.00 on Tuesday. The company’s 50 day simple moving average is $62.88 and its 200 day simple moving average is $52.26. BancFirst Co. has a fifty-two week low of $26.00 and a fifty-two week high of $66.61. The firm has a market capitalization of $2.16 billion, a P/E ratio of 21.93 and a beta of 1.39. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.01 and a quick ratio of 1.00.

BancFirst (NASDAQ:BANF) last announced its quarterly earnings data on Wednesday, January 20th. The bank reported $1.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.31. BancFirst had a net margin of 21.31% and a return on equity of 9.72%. Sell-side analysts expect that BancFirst Co. will post 2.69 EPS for the current fiscal year.

A number of brokerages have recently issued reports on BANF. Zacks Investment Research lowered shares of BancFirst from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 28th. TheStreet upgraded shares of BancFirst from a “c+” rating to a “b” rating in a research report on Monday, November 23rd.

BancFirst Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, Pegasus Bank, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.

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Institutional Ownership by Quarter for BancFirst (NASDAQ:BANF)

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