Farmers Capital Bank Corporation (NASDAQ:FFKT)‘s stock had its “hold” rating reiterated by analysts at Keefe, Bruyette & Woods in a report issued on Tuesday. They presently have a $40.00 price target on the bank’s stock. Keefe, Bruyette & Woods’ price target indicates a potential downside of 7.41% from the company’s previous close.

FFKT has been the topic of a number of other research reports. Zacks Investment Research raised Farmers Capital Bank Corporation from a “hold” rating to a “strong-buy” rating and set a $44.00 price target on the stock in a research note on Tuesday, July 25th. ValuEngine upgraded Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $39.67.

Farmers Capital Bank Corporation (NASDAQ:FFKT) remained flat at $43.20 during trading on Tuesday. 9,924 shares of the company’s stock traded hands. Farmers Capital Bank Corporation has a 1-year low of $29.65 and a 1-year high of $44.65. The firm’s 50-day moving average is $38.85 and its 200-day moving average is $39.16. The firm has a market cap of $324.56 million, a P/E ratio of 22.10 and a beta of 0.85.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last released its earnings results on Wednesday, July 19th. The bank reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.06. Farmers Capital Bank Corporation had a net margin of 17.32% and a return on equity of 8.24%. The firm had revenue of $19.05 million during the quarter, compared to analyst estimates of $19.40 million. On average, equities research analysts predict that Farmers Capital Bank Corporation will post $2.26 earnings per share for the current year.

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In other news, CEO Lloyd C. Hillard, Jr. acquired 1,000 shares of Farmers Capital Bank Corporation stock in a transaction that occurred on Friday, September 8th. The shares were acquired at an average price of $36.89 per share, with a total value of $36,890.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 3.09% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of FFKT. State Street Corp increased its stake in Farmers Capital Bank Corporation by 20.5% in the second quarter. State Street Corp now owns 136,134 shares of the bank’s stock valued at $5,250,000 after purchasing an additional 23,193 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Farmers Capital Bank Corporation in the second quarter worth $801,000. Dimensional Fund Advisors LP raised its holdings in Farmers Capital Bank Corporation by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 321,626 shares of the bank’s stock worth $12,399,000 after purchasing an additional 10,264 shares during the period. California Public Employees Retirement System raised its holdings in Farmers Capital Bank Corporation by 9.5% in the second quarter. California Public Employees Retirement System now owns 26,424 shares of the bank’s stock worth $1,019,000 after purchasing an additional 2,300 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Farmers Capital Bank Corporation by 1.9% in the second quarter. Vanguard Group Inc. now owns 285,961 shares of the bank’s stock worth $11,024,000 after purchasing an additional 5,269 shares during the period. Hedge funds and other institutional investors own 51.55% of the company’s stock.

Farmers Capital Bank Corporation Company Profile

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. Its bank subsidiaries include Farmers Bank & Capital Trust Company (Farmers Bank), United Bank & Trust Company (United Bank), First Citizens Bank (First Citizens) and Citizens Bank of Northern Kentucky, Inc (Citizens Northern).

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