William C. Nash Acquires 405 Shares of Farmers Capital Bank Corporation (FFKT) Stock

Farmers Capital Bank Corporation (NASDAQ:FFKT) Director William C. Nash purchased 405 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were acquired at an average cost of $40.95 per share, with a total value of $16,584.75. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

William C. Nash also recently made the following trade(s):

  • On Monday, November 27th, William C. Nash purchased 250 shares of Farmers Capital Bank stock. The shares were acquired at an average cost of $40.63 per share, with a total value of $10,157.50.

Farmers Capital Bank Corporation (FFKT) traded down $0.50 during midday trading on Friday, hitting $40.45. The stock had a trading volume of 34,108 shares, compared to its average volume of 15,880. The firm has a market cap of $307.77, a P/E ratio of 19.35 and a beta of 0.90. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.19. Farmers Capital Bank Corporation has a 12 month low of $34.05 and a 12 month high of $44.65.

Farmers Capital Bank (NASDAQ:FFKT) last released its quarterly earnings data on Wednesday, October 18th. The bank reported $0.71 EPS for the quarter, beating the consensus estimate of $0.59 by $0.12. The company had revenue of $19.72 million during the quarter, compared to the consensus estimate of $19.42 million. Farmers Capital Bank had a return on equity of 8.66% and a net margin of 19.59%. equities analysts predict that Farmers Capital Bank Corporation will post 2.39 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 1st will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from Farmers Capital Bank’s previous quarterly dividend of $0.10. Farmers Capital Bank’s dividend payout ratio is presently 23.92%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System acquired a new stake in shares of Farmers Capital Bank in the 3rd quarter valued at approximately $206,000. Ameriprise Financial Inc. acquired a new stake in Farmers Capital Bank during the 2nd quarter valued at $225,000. AlphaMark Advisors LLC lifted its holdings in Farmers Capital Bank by 67.5% during the 2nd quarter. AlphaMark Advisors LLC now owns 5,922 shares of the bank’s stock valued at $228,000 after purchasing an additional 2,387 shares during the last quarter. Rhumbline Advisers lifted its holdings in Farmers Capital Bank by 2.6% during the 2nd quarter. Rhumbline Advisers now owns 8,088 shares of the bank’s stock valued at $312,000 after purchasing an additional 205 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Farmers Capital Bank during the 3rd quarter valued at $365,000. 50.72% of the stock is owned by institutional investors.

Several research firms have recently commented on FFKT. Zacks Investment Research downgraded Farmers Capital Bank from a “buy” rating to a “hold” rating in a report on Wednesday. BidaskClub downgraded Farmers Capital Bank from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. ValuEngine raised Farmers Capital Bank from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $40.00 price objective on shares of Farmers Capital Bank in a report on Tuesday, October 3rd.

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Farmers Capital Bank Company Profile

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. Their bank affiliate United Bank & Capital Trust Company operates 34 banking locations in 21 communities throughout Central and Northern Kentucky.

Insider Buying and Selling by Quarter for Farmers Capital Bank (NASDAQ:FFKT)

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