Context BH Capital Management LP Buys 8,456 Shares of BancFirst Corporation (BANF)

Context BH Capital Management LP increased its stake in shares of BancFirst Corporation (NASDAQ:BANF) by 89.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 17,912 shares of the bank’s stock after purchasing an additional 8,456 shares during the period. Context BH Capital Management LP owned 0.06% of BancFirst Corporation worth $1,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of BANF. American International Group Inc. increased its stake in BancFirst Corporation by 7.0% in the 1st quarter. American International Group Inc. now owns 4,816 shares of the bank’s stock worth $433,000 after acquiring an additional 314 shares during the last quarter. Crawford Investment Counsel Inc. increased its stake in BancFirst Corporation by 1.5% in the 2nd quarter. Crawford Investment Counsel Inc. now owns 33,321 shares of the bank’s stock worth $3,219,000 after acquiring an additional 500 shares during the last quarter. John W. Rosenthal Capital Management Inc. increased its stake in BancFirst Corporation by 2.8% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 62,836 shares of the bank’s stock worth $6,070,000 after acquiring an additional 1,700 shares during the last quarter. Vanguard Group Inc. increased its stake in BancFirst Corporation by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 793,238 shares of the bank’s stock worth $71,312,000 after acquiring an additional 53,261 shares during the last quarter. Finally, Chicago Equity Partners LLC increased its stake in BancFirst Corporation by 207.7% in the 2nd quarter. Chicago Equity Partners LLC now owns 19,475 shares of the bank’s stock worth $1,881,000 after acquiring an additional 13,145 shares during the last quarter. 18.90% of the stock is currently owned by institutional investors and hedge funds.

Shares of BancFirst Corporation (BANF) traded down $0.10 during trading on Monday, hitting $51.40. The stock had a trading volume of 13,500 shares, compared to its average volume of 52,567. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $1,638.12, a price-to-earnings ratio of 19.47, a PEG ratio of 1.88 and a beta of 0.56. BancFirst Corporation has a 12-month low of $40.00 and a 12-month high of $61.05.

In other news, 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 transaction of $112,200.00. Following the transaction, the executive vice president now directly owns 2,000 shares in the company, valued at approximately $112,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 44.97% of the stock is currently owned by corporate insiders.

Several equities analysts have recently commented on the company. ValuEngine lowered BancFirst Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research lowered BancFirst Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th.

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BancFirst Corporation Profile

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 Corporation (NASDAQ:BANF)

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