Republic Bancorp, Inc. KY (RBCAA) EVP Sells $12,858.00 in Stock

Republic Bancorp, Inc. KY (NASDAQ:RBCAA) EVP Steven E. Deweese sold 300 shares of the firm’s stock in a transaction dated Tuesday, November 27th. The shares were sold at an average price of $42.86, for a total transaction of $12,858.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

RBCAA stock traded down $0.43 during mid-day trading on Friday, hitting $43.27. The company had a trading volume of 27,282 shares, compared to its average volume of 10,383. The firm has a market cap of $913.46 million, a price-to-earnings ratio of 13.92 and a beta of 0.44. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.20 and a current ratio of 1.20. Republic Bancorp, Inc. KY has a 12 month low of $34.24 and a 12 month high of $50.70.

Republic Bancorp, Inc. KY (NASDAQ:RBCAA) last announced its quarterly earnings data on Friday, October 19th. The bank reported $0.74 EPS for the quarter. The business had revenue of $64.50 million for the quarter. Republic Bancorp, Inc. KY had a net margin of 20.86% and a return on equity of 10.02%.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 18th. Shareholders of record on Friday, December 21st will be given a $0.242 dividend. This represents a $0.97 annualized dividend and a yield of 2.24%. The ex-dividend date is Thursday, December 20th.

Separately, BidaskClub lowered shares of Republic Bancorp, Inc. KY from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 29th.

Hedge funds have recently made changes to their positions in the business. Valeo Financial Advisors LLC raised its position in Republic Bancorp, Inc. KY by 312.6% in the second quarter. Valeo Financial Advisors LLC now owns 2,063 shares of the bank’s stock worth $101,000 after acquiring an additional 1,563 shares during the period. Acadian Asset Management LLC grew its stake in Republic Bancorp, Inc. KY by 283.0% during the third quarter. Acadian Asset Management LLC now owns 2,206 shares of the bank’s stock valued at $102,000 after acquiring an additional 1,630 shares in the last quarter. Ramsey Quantitative Systems grew its stake in Republic Bancorp, Inc. KY by 69.7% during the third quarter. Ramsey Quantitative Systems now owns 2,906 shares of the bank’s stock valued at $134,000 after acquiring an additional 1,194 shares in the last quarter. Legal & General Group Plc grew its stake in Republic Bancorp, Inc. KY by 145.9% during the third quarter. Legal & General Group Plc now owns 3,371 shares of the bank’s stock valued at $155,000 after acquiring an additional 2,000 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in Republic Bancorp, Inc. KY by 83.5% during the third quarter. SG Americas Securities LLC now owns 4,841 shares of the bank’s stock valued at $223,000 after acquiring an additional 2,203 shares in the last quarter. 26.10% of the stock is currently owned by institutional investors and hedge funds.

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Republic Bancorp, Inc. KY Company Profile

Republic Bancorp, Inc, a financial holding company, provides banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, savings, time, and brokered and other certificates of deposits; and money market and individual retirement accounts.

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