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

Quantbot Technologies LP boosted its holdings in Community Trust Bancorp, Inc. (NASDAQ:CTBI) by 43.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,824 shares of the financial services provider’s stock after buying an additional 553 shares during the period. Quantbot Technologies LP’s holdings in Community Trust Bancorp were worth $97,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Community Trust Bancorp in the fourth quarter worth $1,860,000. JPMorgan Chase & Co. raised its position in Community Trust Bancorp by 34.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,233 shares of the financial services provider’s stock worth $4,729,000 after buying an additional 24,622 shares during the last quarter. Barclays PLC lifted its stake in Community Trust Bancorp by 45.8% during the 3rd quarter. Barclays PLC now owns 50,376 shares of the financial services provider’s stock valued at $2,502,000 after acquiring an additional 15,832 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in shares of Community Trust Bancorp during the 3rd quarter valued at about $786,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Community Trust Bancorp by 95.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 26,620 shares of the financial services provider’s stock worth $1,412,000 after acquiring an additional 13,012 shares during the period. 60.20% of the stock is currently owned by hedge funds and other institutional investors.

Community Trust Bancorp Trading Down 1.0 %

Shares of CTBI stock opened at $50.36 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09. Community Trust Bancorp, Inc. has a 12-month low of $39.28 and a 12-month high of $61.67. The stock has a market capitalization of $911.62 million, a P/E ratio of 10.92 and a beta of 0.62. The firm’s 50 day moving average is $53.37 and its 200 day moving average is $53.58.

Community Trust Bancorp (NASDAQ:CTBI) last released its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the company posted $1.04 EPS. Research analysts expect that Community Trust Bancorp, Inc. will post 5.06 earnings per share for the current year.

Community Trust Bancorp Announces Dividend

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

Community Trust Bancorp Company 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.