William C. Nash Buys 250 Shares of Farmers Capital Bank Corporation (FFKT) Stock

Farmers Capital Bank Corporation (NASDAQ:FFKT) Director William C. Nash bought 250 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were purchased at an average cost of $40.63 per share, for a total transaction of $10,157.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Monday, November 20th, William C. Nash purchased 405 shares of Farmers Capital Bank stock. The stock was bought at an average cost of $40.95 per share, for a total transaction of $16,584.75.

Farmers Capital Bank Corporation (NASDAQ FFKT) traded down $0.50 during midday trading on Friday, hitting $40.45. The company’s stock had a trading volume of 34,108 shares, compared to its average volume of 15,880. The company has a market capitalization of $307.77, a PE ratio of 19.35 and a beta of 0.90. Farmers Capital Bank Corporation has a 52 week low of $34.05 and a 52 week high of $44.65. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.79.

Farmers Capital Bank (NASDAQ:FFKT) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.12. The company had revenue of $19.72 million for the quarter, compared to analysts’ expectations of $19.42 million. Farmers Capital Bank had a return on equity of 8.66% and a net margin of 19.59%. sell-side analysts predict that Farmers Capital Bank Corporation will post 2.39 earnings per share for the current year.

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

Several hedge funds and other institutional investors have recently bought and sold shares of FFKT. GSA Capital Partners LLP purchased a new position in Farmers Capital Bank during the 3rd quarter worth approximately $365,000. Truepoint Inc. grew its position in Farmers Capital Bank by 4,105.0% during the 3rd quarter. Truepoint Inc. now owns 1,258,220 shares of the bank’s stock worth $1,258,000 after purchasing an additional 1,228,298 shares in the last quarter. California Public Employees Retirement System grew its position in Farmers Capital Bank by 12.0% during the 3rd quarter. California Public Employees Retirement System now owns 29,585 shares of the bank’s stock worth $1,244,000 after purchasing an additional 3,161 shares in the last quarter. Castine Capital Management LLC grew its position in Farmers Capital Bank by 9.7% during the 3rd quarter. Castine Capital Management LLC now owns 138,029 shares of the bank’s stock worth $5,804,000 after purchasing an additional 12,262 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Farmers Capital Bank by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 329,631 shares of the bank’s stock worth $13,861,000 after purchasing an additional 8,005 shares in the last quarter. 50.72% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on FFKT shares. ValuEngine raised Farmers Capital Bank from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $40.00 price target on shares of Farmers Capital Bank in a report on Tuesday, October 3rd. Zacks Investment Research cut Farmers Capital Bank from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th. Finally, BidaskClub cut Farmers Capital Bank from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th.

TRADEMARK VIOLATION WARNING: “William C. Nash Buys 250 Shares of Farmers Capital Bank Corporation (FFKT) Stock” was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at https://www.com-unik.info/2017/12/23/william-c-nash-buys-250-shares-of-farmers-capital-bank-corporation-ffkt-stock.html.

About Farmers Capital Bank

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)

What are top analysts saying about Farmers Capital Bank? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Farmers Capital Bank and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit