November 23, 2016 - By Nellie Frank
As revealed in a public report that has been filled with the SEC on 22-11-2016, R Banking Ltd Ptnrshp an insider in Bancfirst Corp, made a sale of shares worth $2,191,179 U.S Dollars in the company. R Banking Ltd Ptnrshp disposed 26,400 new shares, at average $83.0 per share. Currently, R Banking Ltd Ptnrshp, has ownership of 5.62 million shares, which accounts for 35.67% of the Company’s market capitalization.
Out of 2 analysts covering BancFirst Corp (NASDAQ:BANF), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $68 is the highest target while $65 is the lowest. The $66.67 average target is -19.67% below today’s ($83) stock price. BancFirst Corp has been the topic of 3 analyst reports since July 20, 2015 according to StockzIntelligence Inc.
Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.28, from 1.72 in 2016Q1. The ratio increased, as 7 funds sold all BancFirst Corporation shares owned while 22 reduced positions. 9 funds bought stakes while 41 increased positions. They now own 4.59 million shares or 0.51% less from 4.62 million shares in 2016Q1.
Metropolitan Life Insurance Communication last reported 5,369 shares in the company. Blackrock Fund Advsrs, a California-based fund reported 183,856 shares. Royal State Bank Of Canada, a Ontario – Canada-based fund reported 137,433 shares. The Connecticut-based Zebra Cap Mgmt Limited Liability Company has invested 0.35% in BancFirst Corporation (NASDAQ:BANF). Teachers Advsr Inc owns 12,551 shares or 0% of their US portfolio. Geode Mgmt Ltd Limited Liability Company has 92,441 shares for 0% of their US portfolio. Rhumbline Advisers holds 11,054 shares or 0% of its portfolio. Spark Investment Mngmt last reported 0.04% of its portfolio in the stock. Mutual Of America Cap Mgmt Lc holds 0.1% or 74,972 shares in its portfolio. Denali Advsrs Limited Liability Corp accumulated 53 shares or 0% of the stock. First Advsrs L P, a Illinois-based fund reported 31,624 shares. The Michigan-based Monroe Comml Bank And Tru Mi has invested 0.4% in BancFirst Corporation (NASDAQ:BANF). Envestnet Asset Management Inc holds 0% or 1,577 shares in its portfolio. Piermont Cap Mgmt Inc holds 19,165 shares or 0.3% of its portfolio. Credit Suisse Ag holds 0% or 13,035 shares in its portfolio.
Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 29 selling transactions for $7.79 million net activity. $356,990 worth of shares were sold by NEVILLE ROBERT M on Tuesday, September 13. 10,000 BancFirst Corporation (NASDAQ:BANF) shares with value of $820,000 were sold by Anderson John. Another trade for 1,117 shares valued at $74,839 was sold by Harlow David R. Another trade for 1,000 shares valued at $72,000 was sold by SCHMIDT DARRYL. $41,499 worth of BancFirst Corporation (NASDAQ:BANF) was sold by Weast Jennifer C. The insider SEAT DAVID sold 927 shares worth $67,208. Starks Ken also sold $330,645 worth of BancFirst Corporation (NASDAQ:BANF) shares.
The stock increased 0.67% or $0.55 during the last trading session, hitting $83. About 91,366 shares traded hands or 208.89% up from the average. BancFirst Corporation (NASDAQ:BANF) has risen 41.18% since April 21, 2016 and is uptrending. It has outperformed by 35.85% the S&P500.
BancFirst Corporation is a financial holding company. The company has a market cap of $1.30 billion. The Firm conducts its operating activities through its principal subsidiary, BancFirst , a state-chartered bank. It has a 19.44 P/E ratio. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, activities and support.
According to Zacks Investment Research, “BancFirst Corporation is a bank holding company for BancFirst. BancFirst Corporation also owns 100% of the common securities of BFC Capital Trust I, and First State Bank. BancFirst’s strategy focuses on providing a full range of commercial banking services to retail customers and small to medium-sized businesses both in the non-metropolitan trade centers and the metropolitan markets. BancFirst operates as a super community bank, managing their community banking offices on a decentralized basis, which permits them to be responsive to local customer needs.”
More important recent BancFirst Corporation (NASDAQ:BANF) news were published by: Reuters.com which released: “BRIEF-Bancfirst Corporation reports third quarter earnings” on October 20, 2016, also Prnewswire.com published article titled: “BancFirst Corporation Reports Third Quarter Earnings”, Prnewswire.com published: “BancFirst Corporation Reports Second Quarter Earnings” on July 21, 2016. More interesting news about BancFirst Corporation (NASDAQ:BANF) was released by: Prnewswire.com and their article: “BancFirst Corporation Announces Agreement To Acquire CSB Bancshares Inc.” with publication date: July 14, 2015.
BancFirst Corporation, incorporated on July 12, 1984, is a financial holding company. The Firm conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. The Firm has four business units, which include metropolitan banks, community banks, other financial services, and executive, activities and support. The metropolitan and community banks offer traditional banking products, such as commercial and retail lending, and a line of deposit accounts. The metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. The community banks consist of banking locations in communities throughout Oklahoma. The Company’s other financial services are specialty product business units, including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, activities and support groups represent executive management, operational support and corporate functions.
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By Nellie Frank