American Century Companies Inc. Has $18.60 Million Stock Holdings in Community Trust Bancorp, Inc. (NASDAQ:CTBI)

American Century Companies Inc. grew its stake in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI) by 11.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 350,755 shares of the financial services provider’s stock after acquiring an additional 35,777 shares during the quarter. American Century Companies Inc. owned about 1.94% of Community Trust Bancorp worth $18,601,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in Community Trust Bancorp by 1.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 125,372 shares of the financial services provider’s stock worth $6,226,000 after purchasing an additional 1,914 shares during the period. Quantbot Technologies LP bought a new stake in shares of Community Trust Bancorp during the 3rd quarter worth approximately $63,000. BNP Paribas Financial Markets boosted its position in shares of Community Trust Bancorp by 33.7% during 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. Martingale Asset Management L P increased its stake in Community Trust Bancorp by 9.6% in the third quarter. Martingale Asset Management L P now owns 43,078 shares of the financial services provider’s stock valued at $2,139,000 after acquiring an additional 3,780 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in Community Trust Bancorp during the third quarter valued at approximately $282,000. 60.20% of the stock is owned by institutional investors and hedge funds.

Community Trust Bancorp Trading Down 1.9 %

Shares of CTBI stock opened at $50.89 on Monday. Community Trust Bancorp, Inc. has a fifty-two week low of $39.28 and a fifty-two week high of $61.67. The stock’s fifty day moving average price is $53.44 and its two-hundred day moving average price is $53.52. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $921.21 million, a PE ratio of 11.04 and a beta of 0.62.

Community Trust Bancorp (NASDAQ:CTBI) last released its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share for the quarter, beating the consensus estimate 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 period last year, the firm earned $1.04 EPS. Equities analysts predict that Community Trust Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Community Trust Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Friday, March 14th. Community Trust Bancorp’s dividend payout ratio is 40.78%.

About Community Trust Bancorp

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.