Rosenthal Henry Capital Advisors Inc. Purchases New Holdings in Bank First Co. (NASDAQ:BFC)

Rosenthal Henry Capital Advisors Inc. acquired a new stake in shares of Bank First Co. (NASDAQ:BFC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,400 shares of the company’s stock, valued at approximately $1,031,000.

A number of other large investors have also added to or reduced their stakes in BFC. Quest Partners LLC boosted its stake in Bank First by 212.6% during the 3rd 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 last quarter. PDT Partners LLC purchased a new position in Bank First in the 3rd quarter worth about $306,000. Heck Capital Advisors LLC purchased a new position in Bank First in the 4th quarter worth about $349,000. SG Americas Securities LLC lifted its stake in Bank First by 91.7% during the 3rd quarter. SG Americas Securities LLC now owns 3,696 shares of the company’s stock valued at $335,000 after acquiring an additional 1,768 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of Bank First by 61.4% during the 2nd quarter. Marshall Wace LLP now owns 6,513 shares of the company’s stock valued at $538,000 after acquiring an additional 2,478 shares during the last quarter. Hedge funds and other institutional investors own 29.95% of the company’s stock.

Bank First Stock Performance

Shares of BFC opened at $101.18 on Monday. The firm has a market capitalization of $1.01 billion, a P/E ratio of 15.57 and a beta of 0.35. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. Bank First Co. has a one year low of $74.90 and a one year high of $110.49. The business has a fifty day moving average of $101.87 and a 200 day moving average of $95.57.

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

Bank First Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.78%. The ex-dividend date is Wednesday, March 26th. Bank First’s dividend payout ratio is currently 27.69%.

Analyst Ratings Changes

Separately, Piper Sandler increased their price objective on shares of Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th.

About Bank First

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.