7,813 Shares in Community Trust Bancorp, Inc. (NASDAQ:CTBI) Acquired by Intech Investment Management LLC

Intech Investment Management LLC purchased a new stake in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,813 shares of the financial services provider's stock, valued at approximately $414,000.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Community Trust Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 373,158 shares of the financial services provider's stock worth $18,534,000 after purchasing an additional 6,238 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Community Trust Bancorp by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 126,276 shares of the financial services provider's stock worth $6,696,000 after acquiring an additional 904 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Community Trust Bancorp by 34.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,233 shares of the financial services provider's stock worth $4,729,000 after acquiring an additional 24,622 shares in the last quarter. Barclays PLC boosted its holdings 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. Finally, Martingale Asset Management L P grew its position in Community Trust Bancorp by 9.6% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 60.20% of the company's stock.

Community Trust Bancorp Trading Down 1.9 %

NASDAQ:CTBI traded down $1.01 on Friday, reaching $50.89. 33,008 shares of the company's stock were exchanged, compared to its average volume of 53,582. The firm has a market capitalization of $921.21 million, a price-to-earnings ratio of 11.04 and a beta of 0.62. Community Trust Bancorp, Inc. has a 52-week low of $39.28 and a 52-week high of $61.67. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $53.44 and a 200-day moving average of $53.52.

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last announced its earnings results on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.05. Community Trust Bancorp had a net margin of 22.02% and a return on equity of 11.36%. During the same quarter in the prior year, the company posted $1.04 EPS. As a group, analysts expect that Community Trust Bancorp, Inc. will post 5.06 earnings per share for the current year.

Community Trust Bancorp Dividend Announcement

The business 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 3.69%. The ex-dividend date is Friday, March 14th. Community Trust Bancorp's 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.