American Century Companies Inc. Increases Stake in Stock Yards Bancorp, Inc. (NASDAQ:SYBT)

American Century Companies Inc. lifted its stake in shares of Stock Yards Bancorp, Inc. (NASDAQ:SYBT - Free Report) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 277,561 shares of the bank's stock after buying an additional 5,661 shares during the quarter. American Century Companies Inc. owned about 0.94% of Stock Yards Bancorp worth $19,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its position in Stock Yards Bancorp by 1,077.5% during the 4th quarter. Jones Financial Companies Lllp now owns 471 shares of the bank's stock valued at $34,000 after acquiring an additional 431 shares in the last quarter. Principal Securities Inc. boosted its position in shares of Stock Yards Bancorp by 115.6% during the fourth quarter. Principal Securities Inc. now owns 485 shares of the bank's stock valued at $35,000 after purchasing an additional 260 shares in the last quarter. Kentucky Trust Co purchased a new stake in Stock Yards Bancorp in the fourth quarter worth $44,000. Allworth Financial LP raised its holdings in Stock Yards Bancorp by 126.2% in the fourth quarter. Allworth Financial LP now owns 846 shares of the bank's stock worth $63,000 after purchasing an additional 472 shares in the last quarter. Finally, Pillar Financial Advisors LLC bought a new position in Stock Yards Bancorp in the fourth quarter worth $113,000. 56.46% of the stock is owned by institutional investors.

Stock Yards Bancorp Stock Down 6.2 %

Shares of SYBT stock traded down $4.27 during mid-day trading on Thursday, reaching $64.85. 179,794 shares of the company's stock traded hands, compared to its average volume of 123,338. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.38. The company's 50-day moving average price is $71.91 and its 200-day moving average price is $70.46. The company has a market cap of $1.91 billion, a P/E ratio of 16.67 and a beta of 0.84. Stock Yards Bancorp, Inc. has a 12 month low of $42.35 and a 12 month high of $79.79.

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Stock Yards Bancorp (NASDAQ:SYBT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.08. Stock Yards Bancorp had a net margin of 22.54% and a return on equity of 12.71%. During the same period in the previous year, the firm earned $0.82 EPS. On average, equities analysts expect that Stock Yards Bancorp, Inc. will post 4.16 earnings per share for the current fiscal year.

Stock Yards Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend was Monday, March 17th. Stock Yards Bancorp's dividend payout ratio (DPR) is presently 31.88%.

Stock Yards Bancorp Profile

Stock Yards Bancorp, Inc operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, and other banking services.