Bank First National (NASDAQ:BFC) Director Sistine Peter Van Sells 1,848 Shares of Stock

Bank First National Corporation (NASDAQ:BFC) Director Sistine Peter Van sold 1,848 shares of Bank First National stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $155.57, for a total value of $287,493.36. Following the completion of the transaction, the director owned 7,640 shares of the company’s stock, valued at approximately $1,188,554.80. This represents a 19.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Bank First National Trading Down 0.6%

BFC stock traded down $0.94 during midday trading on Friday, reaching $154.30. 33,737 shares of the company traded hands, compared to its average volume of 90,264. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 20.06 and a beta of 0.41. Bank First National Corporation has a 52-week low of $119.08 and a 52-week high of $159.10. The business has a 50 day moving average of $152.07 and a 200-day moving average of $144.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.93 and a current ratio of 0.93.

Bank First National (NASDAQ:BFC) last released its earnings results on Tuesday, July 21st. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.05. Bank First National had a return on equity of 12.48% and a net margin of 27.70%.The firm had revenue of $65.03 million for the quarter, compared to the consensus estimate of $65.25 million. As a group, sell-side analysts expect that Bank First National Corporation will post 9.91 earnings per share for the current fiscal year.

Bank First National Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 23rd will be paid a $0.60 dividend. This is an increase from Bank First National’s previous quarterly dividend of $0.55. This represents a $2.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, September 23rd. Bank First National’s payout ratio is currently 28.61%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Hovde Group lifted their price target on shares of Bank First National from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Weiss Ratings lowered Bank First National from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, August 27th. Zacks Research raised Bank First National from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Piper Sandler increased their price target on Bank First National from $157.00 to $161.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen raised Bank First National from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $163.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BFC. AQR Capital Management LLC raised its holdings in shares of Bank First National by 102.9% in the first quarter. AQR Capital Management LLC now owns 17,100 shares of the company’s stock valued at $1,723,000 after acquiring an additional 8,672 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Bank First National by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,756 shares of the company’s stock valued at $580,000 after purchasing an additional 250 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Bank First National by 58.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 20,843 shares of the company’s stock valued at $2,100,000 after buying an additional 7,656 shares during the period. Jane Street Group LLC raised its stake in Bank First National by 194.8% in the first quarter. Jane Street Group LLC now owns 10,962 shares of the company’s stock worth $1,104,000 after buying an additional 7,244 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Bank First National by 5.1% during the second quarter. First Trust Advisors LP now owns 6,363 shares of the company’s stock worth $749,000 after buying an additional 309 shares during the period. Institutional investors own 29.95% of the company’s stock.

About Bank First National

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.