Wealthcare Advisory Partners LLC Sells 265 Shares of Bank First Co. (NASDAQ:BFC)

Wealthcare Advisory Partners LLC cut its stake in shares of Bank First Co. (NASDAQ:BFC) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,207 shares of the company’s stock after selling 265 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Bank First were worth $2,300,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp boosted 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 worth $21,701,000 after buying an additional 7,822 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Bank First by 3.7% during the third quarter. Geode Capital Management LLC now owns 222,204 shares of the company’s stock worth $20,158,000 after acquiring an additional 7,922 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Bank First by 6.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company’s stock worth $6,791,000 after purchasing an additional 4,480 shares during the last quarter. Stifel Financial Corp grew its stake in 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 purchasing an additional 7,336 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Bank First by 167.3% during the 2nd quarter. American Century Companies Inc. now owns 37,873 shares of the company’s stock valued at $3,128,000 after purchasing an additional 23,705 shares during the last quarter. 29.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Bank First Trading Up 1.4 %

Shares of BFC stock opened at $98.94 on Friday. 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 cap of $990.59 million, a P/E ratio of 12.15 and a beta of 0.35. The company has a 50 day moving average of $102.49 and a 200-day moving average of $94.20. Bank First Co. has a 12-month low of $74.90 and a 12-month high of $110.49.

Bank First (NASDAQ:BFC) last released its earnings results on Tuesday, October 15th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.11. Bank First had a return on equity of 10.10% and a net margin of 32.02%. The business had revenue of $58.93 million during the quarter, compared to the consensus estimate of $39.60 million. Sell-side analysts anticipate that Bank First Co. will post 6.35 earnings per share for the current year.

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.