5,060 Shares in Community Trust Bancorp, Inc. (NASDAQ:CTBI) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new stake in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,060 shares of the financial services provider's stock, valued at approximately $268,000.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE boosted its holdings 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 acquiring an additional 424 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Community Trust Bancorp during the third quarter valued at about $63,000. New York State Teachers Retirement System purchased a new position in shares of Community Trust Bancorp in the 4th quarter valued at approximately $75,000. BNP Paribas Financial Markets boosted its stake in 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 purchasing an additional 1,079 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in Community Trust Bancorp by 9.7% during the 4th quarter. Merit Financial Group LLC now owns 5,217 shares of the financial services provider's stock worth $277,000 after purchasing an additional 462 shares during the last quarter. Institutional investors and hedge funds own 60.20% of the company's stock.

Community Trust Bancorp Stock Performance

Shares of NASDAQ CTBI traded down $0.76 during midday trading on Tuesday, reaching $51.58. The company had a trading volume of 55,843 shares, compared to its average volume of 51,400. Community Trust Bancorp, Inc. has a 1 year low of $39.28 and a 1 year high of $61.67. The business's 50-day simple moving average is $53.59 and its 200 day simple moving average is $53.46. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09. The stock has a market cap of $933.70 million, a P/E ratio of 11.19 and a beta of 0.62.

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Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last released its earnings results on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share (EPS) 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 in the prior year, the business posted $1.04 EPS. On average, analysts forecast that Community Trust Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Community Trust Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, March 14th. Community Trust Bancorp's 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.