23,179 Shares in Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Acquired by Martin Worley Group

Martin Worley Group acquired a new position in Stock Yards Bancorp, Inc. (NASDAQ:SYBT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,179 shares of the bank's stock, valued at approximately $1,660,000. Martin Worley Group owned approximately 0.08% of Stock Yards Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in SYBT. Victory Capital Management Inc. raised its position in shares of Stock Yards Bancorp by 120.2% during the fourth quarter. Victory Capital Management Inc. now owns 1,074,606 shares of the bank's stock worth $76,953,000 after acquiring an additional 586,550 shares during the last quarter. Norges Bank acquired a new position in Stock Yards Bancorp during the 4th quarter valued at about $5,761,000. Barclays PLC boosted its stake in shares of Stock Yards Bancorp by 137.8% in the 3rd quarter. Barclays PLC now owns 45,801 shares of the bank's stock valued at $2,840,000 after purchasing an additional 26,537 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of Stock Yards Bancorp during the 4th quarter worth approximately $1,193,000. Finally, State Street Corp raised its stake in shares of Stock Yards Bancorp by 2.0% during the third quarter. State Street Corp now owns 778,497 shares of the bank's stock worth $48,506,000 after buying an additional 15,156 shares during the last quarter. Institutional investors own 56.46% of the company's stock.

Stock Yards Bancorp Trading Up 1.3 %

SYBT stock traded up $0.86 during midday trading on Tuesday, reaching $64.71. The company's stock had a trading volume of 13,847 shares, compared to its average volume of 123,209. The business's 50-day simple moving average is $71.45 and its 200-day simple moving average is $70.59. The stock has a market cap of $1.91 billion, a PE ratio of 16.67 and a beta of 0.77. Stock Yards Bancorp, Inc. has a 52 week low of $42.35 and a 52 week high of $79.79. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.38.

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

Stock Yards Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 17th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.92%. The ex-dividend date was Monday, March 17th. Stock Yards Bancorp's payout ratio is presently 31.88%.

Stock Yards Bancorp Company 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.