Farmers Capital Bank Corporation (FFKT) Director Purchases $16,584.75 in Stock
Farmers Capital Bank Corporation (NASDAQ:FFKT) Director William C. Nash bought 405 shares of the stock in a transaction on Monday, November 20th. The shares were bought at an average price of $40.95 per share, for a total transaction of $16,584.75. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
William C. Nash also recently made the following trade(s):
- On Monday, November 27th, William C. Nash bought 250 shares of Farmers Capital Bank stock. The shares were bought at an average price of $40.63 per share, for a total transaction of $10,157.50.
Farmers Capital Bank Corporation (FFKT) traded down $0.50 during mid-day trading on Friday, hitting $40.45. The stock had a trading volume of 34,108 shares, compared to its average volume of 15,880. Farmers Capital Bank Corporation has a 1-year low of $34.05 and a 1-year 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. The firm has a market capitalization of $307.77, a PE ratio of 19.35 and a beta of 0.90.
Farmers Capital Bank (NASDAQ:FFKT) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.12. Farmers Capital Bank had a return on equity of 8.66% and a net margin of 19.59%. The business had revenue of $19.72 million for the quarter, compared to analysts’ expectations of $19.42 million. sell-side analysts forecast that Farmers Capital Bank Corporation will post 2.39 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 1st will be given a $0.125 dividend. This is a positive change from Farmers Capital Bank’s previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Thursday, November 30th. Farmers Capital Bank’s dividend payout ratio (DPR) is 23.92%.
Institutional investors and hedge funds have recently modified their holdings of the stock. State Board of Administration of Florida Retirement System purchased a new position in shares of Farmers Capital Bank in the 3rd quarter worth $206,000. Ameriprise Financial Inc. purchased a new position in Farmers Capital Bank in the second quarter valued at about $225,000. AlphaMark Advisors LLC raised its position in Farmers Capital Bank by 67.5% in the second 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 period. Rhumbline Advisers raised its position in Farmers Capital Bank by 2.6% in the second 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 period. Finally, GSA Capital Partners LLP purchased a new position in Farmers Capital Bank in the third quarter valued at about $365,000. 50.72% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts have recently issued reports on FFKT shares. Keefe, Bruyette & Woods restated a “hold” rating and set a $40.00 price objective on shares of Farmers Capital Bank in a report on Tuesday, October 3rd. ValuEngine upgraded Farmers Capital Bank from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub cut Farmers Capital Bank from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Zacks Investment Research cut Farmers Capital Bank from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th.
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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