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.
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.
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.
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