November 28, 2016 - By Peter Kolinski
The shareholder of Bancfirst Corp, R Banking Ltd Ptnrshp, also an insider, made a sale of 31,593 of the public firm shares having a total value of $2,622,521 USD with an average of $83.0 stock price for a share. The odds that this stocks unloading remains undiscovered are very little in view of the large amount of money involved. At the moment, R Banking Ltd Ptnrshp owns 5.59 million shares which make up roughly 35.60% of the company’s total market cap. The transaction, dated 28/11/2016, is recorded on a document submitted with the U.S. Security and Exchange Commission and is also accessible here.
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 -18.74% below today’s ($82.05) 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 is positive, 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.
The Switzerland-based Credit Suisse Ag has invested 0% in BancFirst Corporation (NASDAQ:BANF). Numeric Investors Ltd Com accumulated 0.01% or 15,600 shares. First Trust Advisors Limited Partnership has 31,624 shares for 0.01% of their US portfolio. Millennium Ltd Limited Liability Company has 0.01% invested in the company for 64,381 shares. Dreman Value Mngmt L L C last reported 36 shares in the company. Alliancebernstein L P holds 0% or 7,700 shares in its portfolio. The Massachusetts-based State Street Corp has invested 0% in BancFirst Corporation (NASDAQ:BANF). National Bank & Trust Of America Corp De holds 0% or 14,316 shares in its portfolio. Jpmorgan Chase And Co holds 206,088 shares or 0% of its portfolio. Creative Planning, a Kansas-based fund reported 4,641 shares. Ladenburg Thalmann Fincl Inc last reported 333 shares in the company. Gsa Cap Ptnrs Llp has 7,757 shares for 0.03% of their US portfolio. Blackrock Inv Llc owns 32,266 shares or 0% of their US portfolio. Qs Invsts Limited Liability Company accumulated 7 shares or 0% of the stock. Envestnet Asset Mgmt Inc has 1,577 shares for 0% of their US portfolio.
Insider Transactions: Since June 2, 2016, the stock had 0 insider buys, and 31 selling transactions for $10.35 million net activity. 3,833 shares were sold by Harlow David R, worth $256,822. The insider Anderson John sold 10,000 shares worth $820,000. CRAWFORD WILLIAM H sold $401,836 worth of stock. SCHMIDT DARRYL had sold 2,000 shares worth $126,050 on Thursday, June 2. $410,400 worth of shares were sold by BRAND DENNIS L on Monday, November 7. 5,000 shares with value of $330,645 were sold by Starks Ken on Monday, July 25. Shares for $265,600 were sold by COPELAND SCOTT on Friday, August 5.
About 10,943 shares traded hands. BancFirst Corporation (NASDAQ:BANF) has risen 34.88% since April 25, 2016 and is uptrending. It has outperformed by 28.87% the S&P500.
BancFirst Corporation is a financial holding company. The company has a market cap of $1.28 billion. The Firm conducts its operating activities through its principal subsidiary, BancFirst , a state-chartered bank. It has a 19.22 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.”
Analysts await BancFirst Corporation (NASDAQ:BANF) to report earnings on January, 19. They expect $1.12 earnings per share, up 13.13% or $0.13 from last year’s $0.99 per share. BANF’s profit will be $17.47 million for 18.31 P/E if the $1.12 EPS becomes a reality. After $1.13 actual earnings per share reported by BancFirst Corporation for the previous quarter, Wall Street now forecasts -0.88% negative EPS growth.
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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