BancFirst (BANF) Reaches $55.25 Formed H&S; Automatic Data Processing (ADP)’s Sentiment Is 0.68

February 16, 2018 - By Shannon Black

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $51.20 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 29.85 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

BancFirst Corporation (BANF) formed H&S with $50.28 target or 9.00% below today’s $55.25 share price. BancFirst Corporation (BANF) has $1.76B valuation. The stock increased 0.27% or $0.15 during the last trading session, reaching $55.25. About 23,536 shares traded. BancFirst Corporation (NASDAQ:BANF) has risen 53.28% since February 16, 2017 and is uptrending. It has outperformed by 36.58% the S&P500.

Ratings analysis reveals 50% of Automatic Data’s analysts are positive. Out of 4 Wall Street analysts rating Automatic Data, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $11.0 while the high is $115.0. The stock’s average target of $77 is -33.34% below today’s ($115.51) share price. ADP was included in 4 notes of analysts from September 9, 2016. As per Friday, December 16, the company rating was upgraded by Goldman Sachs. Wedbush initiated the stock with “Neutral” rating in Friday, September 9 report. The firm has “Overweight” rating by Barclays Capital given on Tuesday, December 20. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Hold” rating by Stifel Nicolaus on Monday, January 30.

Cincinnati Indemnity Co holds 20.55% of its portfolio in Automatic Data Processing, Inc. for 48,100 shares. Pershing Square Capital Management L.P. owns 8.80 million shares or 18.81% of their US portfolio. Moreover, Cedar Rock Capital Ltd has 10.56% invested in the company for 3.91 million shares. The New York-based Hap Trading Llc has invested 9.31% in the stock. Capital Counsel Llc Ny, a New York-based fund reported 769,202 shares.

Since January 1, 0001, it had 0 buys, and 31 sales for $37.63 million activity.

The stock increased 2.48% or $2.8 during the last trading session, reaching $115.51. About 1.79 million shares traded. Automatic Data Processing, Inc. (ADP) has risen 15.83% since February 16, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Among 3 analysts covering BancFirst Corp (NASDAQ:BANF), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. BancFirst Corp had 9 analyst reports since July 20, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $9000 target in Monday, June 26 report. As per Thursday, July 20, the company rating was maintained by Keefe Bruyette & Woods. As per Thursday, January 18, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $57.0 target in Thursday, December 21 report. Keefe Bruyette & Woods maintained the shares of BANF in report on Thursday, September 7 with “Hold” rating. Keefe Bruyette & Woods maintained BancFirst Corporation (NASDAQ:BANF) rating on Thursday, October 19. Keefe Bruyette & Woods has “Hold” rating and $53.0 target.

Since August 14, 2017, it had 0 insider buys, and 6 selling transactions for $5.25 million activity. 3,541 shares valued at $198,296 were sold by R BANKING LTD PTNRSHP on Monday, December 18. 2,500 shares valued at $140,000 were sold by SCHMIDT DARRYL on Wednesday, January 24. $99,458 worth of BancFirst Corporation (NASDAQ:BANF) was sold by CRAWFORD WILLIAM H on Monday, August 14. Foster Kelly had sold 2,500 shares worth $138,515 on Tuesday, January 30.

Investors sentiment increased to 10.67 in Q3 2017. Its up 9.52, from 1.15 in 2017Q2. It improved, as 8 investors sold BancFirst Corporation shares while 1 reduced holdings. 20 funds opened positions while 76 raised stakes. 20.69 million shares or 297.46% more from 5.21 million shares in 2017Q2 were reported. California State Teachers Retirement Systems invested in 27,056 shares. Federated Investors Pa stated it has 0% in BancFirst Corporation (NASDAQ:BANF). Wells Fargo And Com Mn reported 0% of its portfolio in BancFirst Corporation (NASDAQ:BANF). Suntrust Banks has 0% invested in BancFirst Corporation (NASDAQ:BANF). Bowling Port Mngmt owns 0.24% invested in BancFirst Corporation (NASDAQ:BANF) for 27,865 shares. First Manhattan Company, a New York-based fund reported 1,700 shares. The Massachusetts-based Geode Capital Management Limited Liability Com has invested 0.01% in BancFirst Corporation (NASDAQ:BANF). Prelude Capital Management Lc has 100 shares for 0% of their portfolio. Credit Suisse Ag stated it has 0% in BancFirst Corporation (NASDAQ:BANF). Sterling Mngmt Limited Liability Company holds 0% or 4,830 shares. Guggenheim Cap Ltd Liability Corp invested 0% of its portfolio in BancFirst Corporation (NASDAQ:BANF). Willingdon Wealth Mngmt accumulated 0% or 98 shares. Voya Inv Ltd Liability Corporation stated it has 9,536 shares. Ray Gerald L And Assoc reported 0.08% in BancFirst Corporation (NASDAQ:BANF). Monroe National Bank & Trust & Tru Mi owns 16,636 shares for 0.53% of their portfolio.