Quantbot Technologies LP Buys 553 Shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI)

Quantbot Technologies LP grew its position in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI) by 43.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,824 shares of the financial services provider’s stock after acquiring an additional 553 shares during the period. Quantbot Technologies LP’s holdings in Community Trust Bancorp were worth $97,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. US Bancorp DE grew its stake in Community Trust Bancorp by 311.8% in the fourth quarter. US Bancorp DE now owns 560 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 424 shares during the period. New York State Teachers Retirement System purchased a new stake in shares of Community Trust Bancorp in the 4th quarter worth about $75,000. BNP Paribas Financial Markets increased its stake in shares of Community Trust Bancorp by 33.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,285 shares of the financial services provider’s stock worth $213,000 after acquiring an additional 1,079 shares in the last quarter. Virtu Financial LLC purchased a new position in Community Trust Bancorp during the 4th quarter valued at about $235,000. Finally, Semanteon Capital Management LP bought a new stake in Community Trust Bancorp during the fourth quarter worth about $268,000. Institutional investors own 60.20% of the company’s stock.

Community Trust Bancorp Price Performance

Shares of NASDAQ CTBI opened at $50.36 on Tuesday. The company has a 50 day simple moving average of $53.37 and a two-hundred day simple moving average of $53.58. Community Trust Bancorp, Inc. has a fifty-two week low of $39.28 and a fifty-two week high of $61.67. The company has a market capitalization of $911.62 million, a price-to-earnings ratio of 10.92 and a beta of 0.62. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.90 and a current ratio of 0.90.

Community Trust Bancorp (NASDAQ:CTBI) last posted its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.05. Community Trust Bancorp had a return on equity of 11.36% and a net margin of 22.02%. During the same quarter last year, the firm posted $1.04 earnings per share. Analysts expect that Community Trust Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Community Trust Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Friday, March 14th. Community Trust Bancorp’s dividend payout ratio is presently 40.78%.

Community Trust Bancorp Profile

Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee.