Farmers Capital Bank Corporation (FFKT) CEO Purchases $18,165.00 in Stock
Farmers Capital Bank Corporation (NASDAQ:FFKT) CEO Lloyd C. Hillard, Jr. bought 500 shares of the stock in a transaction dated Thursday, September 7th. The shares were acquired at an average cost of $36.33 per share, for a total transaction of $18,165.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Lloyd C. Hillard, Jr. also recently made the following trade(s):
- On Thursday, June 29th, Lloyd C. Hillard, Jr. bought 1,000 shares of Farmers Capital Bank Corporation stock. The shares were acquired at an average cost of $38.94 per share, for a total transaction of $38,940.00.
Shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) traded down 0.55% on Thursday, reaching $36.45. 11,480 shares of the company were exchanged. The stock has a market capitalization of $273.85 million, a PE ratio of 18.64 and a beta of 0.86. Farmers Capital Bank Corporation has a 12-month low of $29.10 and a 12-month high of $44.65. The firm has a 50 day moving average price of $37.66 and a 200-day moving average price of $39.00.
Farmers Capital Bank Corporation (NASDAQ:FFKT) last posted its earnings results on Wednesday, July 19th. The bank reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.06. The business had revenue of $19.05 million for the quarter, compared to analyst estimates of $19.40 million. Farmers Capital Bank Corporation had a net margin of 17.32% and a return on equity of 8.24%. On average, analysts predict that Farmers Capital Bank Corporation will post $2.26 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, August 30th. Farmers Capital Bank Corporation’s dividend payout ratio (DPR) is presently 20.41%.
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A number of research analysts recently issued reports on FFKT shares. ValuEngine raised shares of Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut shares of Farmers Capital Bank Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $38.33.
A number of institutional investors have recently bought and sold shares of FFKT. Wellington Management Group LLP increased its holdings in Farmers Capital Bank Corporation by 159.9% during the 1st quarter. Wellington Management Group LLP now owns 335,058 shares of the bank’s stock worth $13,536,000 after acquiring an additional 206,144 shares during the period. Kennedy Capital Management Inc. bought a new stake in Farmers Capital Bank Corporation during the 1st quarter worth approximately $2,203,000. Vanguard Group Inc. increased its holdings in Farmers Capital Bank Corporation by 24.0% during the 1st quarter. Vanguard Group Inc. now owns 280,692 shares of the bank’s stock worth $11,340,000 after acquiring an additional 54,374 shares during the period. US Bancorp DE increased its holdings in Farmers Capital Bank Corporation by 5,419,700.0% during the 1st quarter. US Bancorp DE now owns 54,198 shares of the bank’s stock worth $2,190,000 after acquiring an additional 54,197 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in Farmers Capital Bank Corporation by 16.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 311,362 shares of the bank’s stock worth $12,579,000 after acquiring an additional 43,912 shares during the period. 51.55% of the stock is currently owned by institutional investors and hedge funds.
About Farmers Capital Bank Corporation
Farmers Capital Bank Corporation is a bank holding company. The Company provides a range of banking and bank-related services to customers throughout Central and Northern Kentucky. Their affiliated bank is United Bank & Capital Trust Company.
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