Farmers Capital Bank Corporation (FFKT) CEO Acquires $38,940.00 in Stock

Farmers Capital Bank Corporation (NASDAQ:FFKT) CEO Lloyd C. Hillard, Jr. purchased 1,000 shares of Farmers Capital Bank Corporation stock in a transaction dated Thursday, June 29th. The stock was bought at an average price of $38.94 per share, with a total value of $38,940.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Farmers Capital Bank Corporation (NASDAQ FFKT) traded down 1.62% during trading on Monday, hitting $39.40. 10,779 shares of the stock traded hands. The stock has a 50 day moving average price of $39.18 and a 200-day moving average price of $39.58. The stock has a market cap of $295.97 million, a P/E ratio of 21.51 and a beta of 0.91. Farmers Capital Bank Corporation has a 52-week low of $26.80 and a 52-week high of $44.65.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last announced its quarterly earnings data on Wednesday, April 19th. The bank reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $18.71 million for the quarter, compared to analyst estimates of $18.89 million. Farmers Capital Bank Corporation had a return on equity of 7.79% and a net margin of 16.12%. On average, analysts anticipate that Farmers Capital Bank Corporation will post $2.19 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Thursday, June 1st were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.02%. Farmers Capital Bank Corporation’s dividend payout ratio is presently 21.86%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in shares of Farmers Capital Bank Corporation by 9.3% in the first quarter. Bank of New York Mellon Corp now owns 42,459 shares of the bank’s stock valued at $1,716,000 after buying an additional 3,608 shares during the period. US Bancorp DE increased its position in shares of Farmers Capital Bank Corporation by 5,419,700.0% in the first quarter. US Bancorp DE now owns 54,198 shares of the bank’s stock worth $2,190,000 after buying an additional 54,197 shares in the last quarter. First Trust Advisors LP increased its position in shares of Farmers Capital Bank Corporation by 9.3% in the first quarter. First Trust Advisors LP now owns 13,853 shares of the bank’s stock worth $560,000 after buying an additional 1,184 shares in the last quarter. LSV Asset Management bought a new position in shares of Farmers Capital Bank Corporation during the first quarter worth approximately $500,000. Finally, Bowling Portfolio Management LLC bought a new position in shares of Farmers Capital Bank Corporation during the first quarter worth approximately $219,000. Institutional investors and hedge funds own 52.06% of the company’s stock.

Several brokerages recently issued reports on FFKT. Zacks Investment Research lowered shares of Farmers Capital Bank Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $36.00 price target on shares of Farmers Capital Bank Corporation in a report on Wednesday, April 5th. Finally, ValuEngine raised shares of Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Farmers Capital Bank Corporation currently has a consensus rating of “Buy” and an average target price of $38.67.

Farmers Capital Bank Corporation Company Profile

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. The Company’s bank subsidiary United Bank & Capital Trust Company operates 34 banking locations in 21 communities throughout Central and Northern Kentucky.

Insider Buying and Selling by Quarter for Farmers Capital Bank Corporation (NASDAQ:FFKT)

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