Bank First Co. (NASDAQ:BFC) Director Daniel C. Mcconeghy Buys 380 Shares

Bank First Co. (NASDAQ:BFC) Director Daniel C. Mcconeghy acquired 380 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost of $105.72 per share, for a total transaction of $40,173.60. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at approximately $211,440. The trade was a 23.46 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Bank First Trading Up 2.2 %

NASDAQ BFC opened at $103.84 on Thursday. The business’s fifty day moving average is $101.37 and its 200-day moving average is $98.51. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 15.98 and a beta of 0.32. Bank First Co. has a one year low of $74.90 and a one year high of $110.49.

Bank First (NASDAQ:BFC) last announced its quarterly earnings data on Tuesday, January 21st. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. Equities research analysts predict that Bank First Co. will post 6.9 EPS for the current year.

Bank First Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be paid a $0.45 dividend. The ex-dividend date is Wednesday, March 26th. This represents a $1.80 annualized dividend and a yield of 1.73%. Bank First’s payout ratio is 27.69%.

Institutional Trading of Bank First

Large investors have recently bought and sold shares of the company. Lazard Asset Management LLC bought a new position in shares of Bank First during the 4th quarter worth $25,000. Sterling Capital Management LLC boosted its position in Bank First by 771.4% during the fourth quarter. Sterling Capital Management LLC now owns 305 shares of the company’s stock worth $30,000 after purchasing an additional 270 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Bank First in the fourth quarter worth about $189,000. Quest Partners LLC raised its position in shares of Bank First by 212.6% in the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock valued at $187,000 after purchasing an additional 1,399 shares during the period. Finally, Hanlon Investment Management Inc. purchased a new stake in shares of Bank First during the 4th quarter valued at approximately $218,000. 29.95% of the stock is owned by hedge funds and other institutional investors.

Bank First Company Profile

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.