3,804 Shares in Community Trust Bancorp, Inc. (NASDAQ:CTBI) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new position in Community Trust Bancorp, Inc. (NASDAQ:CTBI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,804 shares of the financial services provider’s stock, valued at approximately $202,000.

A number of other hedge funds also recently modified their holdings of CTBI. Hillsdale Investment Management Inc. acquired a new position in shares of Community Trust Bancorp in the 4th quarter valued at approximately $3,732,000. American Century Companies Inc. lifted its stake in Community Trust Bancorp by 11.4% in the fourth quarter. American Century Companies Inc. now owns 350,755 shares of the financial services provider’s stock valued at $18,601,000 after buying an additional 35,777 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Community Trust Bancorp in the fourth quarter valued at approximately $1,860,000. JPMorgan Chase & Co. increased its position in shares of Community Trust Bancorp by 34.9% during the third 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. Finally, Barclays PLC raised its holdings in shares of Community Trust Bancorp by 45.8% during the third quarter. Barclays PLC now owns 50,376 shares of the financial services provider’s stock worth $2,502,000 after acquiring an additional 15,832 shares during the period. Institutional investors and hedge funds own 60.20% of the company’s stock.

Community Trust Bancorp Price Performance

Shares of NASDAQ CTBI opened at $50.89 on Friday. The company has a fifty day moving average price of $53.44 and a 200 day moving average price of $53.52. The firm has a market cap of $921.21 million, a PE ratio of 11.04 and a beta of 0.62. 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 1-year low of $39.28 and a 1-year high of $61.67.

Community Trust Bancorp (NASDAQ:CTBI) last announced its earnings results on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share (EPS) for the quarter, beating 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 last year, the firm posted $1.04 EPS. Research analysts predict that Community Trust Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Community Trust Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.88 annualized dividend and a yield of 3.69%. Community Trust Bancorp’s payout ratio is presently 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.