S.Y. Bancorp EVP Kathy Thompson Unloads 1,000 Shares (SYBT)
S.Y. Bancorp (NASDAQ:SYBT) EVP Kathy Thompson sold 1,000 shares of S.Y. Bancorp stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $27.92, for a total value of $27,920.00. Following the completion of the sale, the executive vice president now directly owns 34,454 shares of the company’s stock, valued at approximately $961,956. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
SYBT has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “buy” rating on shares of S.Y. Bancorp (NASDAQ:SYBT) in a research note to investors on Thursday, September 19th. They now have a $25.80 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of S.Y. Bancorp (NASDAQ:SYBT) from $28.00 to $30.00 in a research note to investors on Thursday, September 19th. They now have a “market perform” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of S.Y. Bancorp (NASDAQ:SYBT) from $22.00 to $28.00 in a research note to investors on Thursday, July 25th. They now have a “market perform” rating on the stock.
Shares of S.Y. Bancorp (NASDAQ:SYBT) traded up 0.47% during mid-day trading on Wednesday, hitting $27.99. The stock had a trading volume of 15,075 shares. S.Y. Bancorp has a 52 week low of $20.86 and a 52 week high of $28.46. The stock’s 50-day moving average is $27.17 and its 200-day moving average is $24.85. The company has a market cap of $406.7 million and a P/E ratio of 14.82.
S.Y. Bancorp (NASDAQ:SYBT) last released its earnings data on Wednesday, July 24th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Analysts expect that S.Y. Bancorp will post $1.93 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 1st. Stockholders of record on Monday, September 9th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Thursday, September 5th.
S.Y. Bancorp, Inc (NASDAQ:SYBT) is a bank holding company of Stock Yards Bank & Trust Company (the Bank).
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