Nicolet Advisory Services LLC Sells 1,974 Shares of Bank First Co. (NASDAQ:BFC)

Nicolet Advisory Services LLC lessened its stake in shares of Bank First Co. (NASDAQ:BFC) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,699 shares of the company’s stock after selling 1,974 shares during the period. Nicolet Advisory Services LLC’s holdings in Bank First were worth $6,813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Bank First by 6.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company’s stock worth $6,791,000 after buying an additional 4,480 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Bank First by 1.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock worth $1,037,000 after buying an additional 155 shares during the last quarter. PDT Partners LLC acquired a new position in shares of Bank First during the third quarter worth $306,000. Stifel Financial Corp lifted its stake in shares of Bank First by 18.1% in the 3rd quarter. Stifel Financial Corp now owns 47,834 shares of the company’s stock valued at $4,339,000 after acquiring an additional 7,336 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Bank First by 3.4% in the 3rd quarter. State Street Corp now owns 238,225 shares of the company’s stock valued at $21,701,000 after acquiring an additional 7,822 shares during the last quarter. Institutional investors and hedge funds own 29.95% of the company’s stock.

Insider Activity

In other news, Director Daniel C. Mcconeghy bought 380 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $105.72 per share, with a total value of $40,173.60. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $211,440. This trade represents a 23.46 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael S. Stayer-Suprick purchased 1,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were purchased at an average price of $102.07 per share, with a total value of $102,070.00. Following the acquisition, the director now owns 3,035 shares in the company, valued at approximately $309,782.45. The trade was a 49.14 % increase in their position. The disclosure for this purchase can be found here. Insiders own 4.10% of the company’s stock.

Bank First Trading Up 0.0 %

Shares of BFC stock opened at $101.62 on Thursday. Bank First Co. has a twelve month low of $74.90 and a twelve month high of $110.49. The stock’s fifty day simple moving average is $102.23 and its 200 day simple moving average is $99.40. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.02 billion, a P/E ratio of 15.63 and a beta of 0.32.

Bank First (NASDAQ:BFC) last released its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. As a group, sell-side analysts predict that Bank First Co. will post 6.9 EPS for the current fiscal year.

Bank First Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 26th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.77%. The ex-dividend date is Wednesday, March 26th. Bank First’s dividend payout ratio (DPR) is currently 27.69%.

Bank First 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.