Goldman Sachs Group Inc. bought a new position in BancFirst Corporation (NASDAQ:BANF) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 16,927 shares of the bank’s stock, valued at approximately $1,635,000. Goldman Sachs Group Inc. owned 0.05% of BancFirst Corporation as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BANF. Swiss National Bank boosted its stake in BancFirst Corporation by 3.6% in the 1st quarter. Swiss National Bank now owns 11,659 shares of the bank’s stock worth $1,048,000 after purchasing an additional 400 shares during the period. Karp Capital Management Corp bought a new position in BancFirst Corporation in the 1st quarter worth about $211,000. Parametric Portfolio Associates LLC boosted its stake in BancFirst Corporation by 0.7% in the 1st quarter. Parametric Portfolio Associates LLC now owns 13,829 shares of the bank’s stock worth $1,243,000 after purchasing an additional 101 shares during the period. SG Americas Securities LLC bought a new position in BancFirst Corporation in the 1st quarter worth about $133,000. Finally, American International Group Inc. boosted 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 purchasing an additional 314 shares during the period. Institutional investors and hedge funds own 17.27% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, September 29th were paid a $0.21 dividend. This is a positive change from BancFirst Corporation’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.51%. BancFirst Corporation’s dividend payout ratio is 31.82%.

Several research analysts have commented on BANF shares. ValuEngine downgraded BancFirst Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded BancFirst Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, October 24th.

ILLEGAL ACTIVITY WARNING: “Goldman Sachs Group Inc. Invests $1.64 Million in BancFirst Corporation (BANF) Stock” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dailypolitical.com/2017/11/03/goldman-sachs-group-inc-invests-1-64-million-in-bancfirst-corporation-banf-stock.html.

In other news, EVP Darryl Schmidt sold 2,000 shares of the company’s 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 transaction, the executive vice president now owns 2,000 shares of the company’s stock, valued at $112,200. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dave R. Lopez sold 5,373 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $50.26, for a total value of $270,046.98. Following the completion of the transaction, the director now directly owns 4,366 shares of the company’s stock, valued at approximately $219,435.16. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,699 shares of company stock valued at $701,176. Corporate insiders own 44.97% of the company’s stock.

About BancFirst Corporation

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.

Want to see what other hedge funds are holding BANF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BancFirst Corporation (NASDAQ:BANF).

Institutional Ownership by Quarter for BancFirst Corporation (NASDAQ:BANF)

Receive News & Ratings for BancFirst Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BancFirst Corporation and related companies with MarketBeat.com's FREE daily email newsletter.