Farmers Capital Bank Corporation (FFKT) Director Purchases $10,157.50 in Stock
Farmers Capital Bank Corporation (NASDAQ:FFKT) Director William C. Nash bought 250 shares of the stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of $40.63 per share, with a total value of $10,157.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
William C. Nash also recently made the following trade(s):
- On Monday, November 20th, William C. Nash bought 405 shares of Farmers Capital Bank stock. The shares were acquired at an average price of $40.95 per share, with a total value of $16,584.75.
Farmers Capital Bank Corporation (FFKT) traded down $0.50 during trading hours on Friday, reaching $40.45. The company had a trading volume of 34,108 shares, compared to its average volume of 15,880. The firm has a market capitalization of $307.77, a P/E ratio of 19.35 and a beta of 0.90. Farmers Capital Bank Corporation has a fifty-two week low of $34.05 and a fifty-two week high of $44.65. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.19.
Farmers Capital Bank (NASDAQ:FFKT) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.12. The business 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%. analysts expect that Farmers Capital Bank Corporation will post 2.39 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 1st will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.24%. This is an increase from Farmers Capital Bank’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Thursday, November 30th. Farmers Capital Bank’s dividend payout ratio (DPR) is 23.92%.
Large investors have recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System bought a new position in Farmers Capital Bank in the third quarter worth about $206,000. Ameriprise Financial Inc. acquired a new position in shares of Farmers Capital Bank during the second quarter valued at approximately $225,000. AlphaMark Advisors LLC increased its stake in shares of Farmers Capital Bank by 67.5% during the second quarter. AlphaMark Advisors LLC now owns 5,922 shares of the bank’s stock valued at $228,000 after acquiring an additional 2,387 shares during the period. Rhumbline Advisers increased its stake in shares of Farmers Capital Bank by 2.6% during the second quarter. Rhumbline Advisers now owns 8,088 shares of the bank’s stock valued at $312,000 after acquiring an additional 205 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in shares of Farmers Capital Bank during the third quarter valued at approximately $365,000. Institutional investors and hedge funds own 50.72% of the company’s stock.
FFKT has been the subject of several recent analyst reports. ValuEngine upgraded Farmers Capital Bank from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded Farmers Capital Bank from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $40.00 price target on shares of Farmers Capital Bank in a research note on Tuesday, October 3rd. Finally, BidaskClub downgraded Farmers Capital Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th.
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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.
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