Virtu Financial LLC Buys Shares of 4,426 Community Trust Bancorp, Inc. (NASDAQ:CTBI)

Virtu Financial LLC acquired a new position in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,426 shares of the financial services provider’s stock, valued at approximately $235,000.

Several other large investors have also recently bought and sold shares of CTBI. US Bancorp DE grew its holdings in Community Trust Bancorp by 311.8% during the fourth quarter. US Bancorp DE now owns 560 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 424 shares during the period. Merit Financial Group LLC lifted its holdings 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. Franklin Resources Inc. boosted its stake in Community Trust Bancorp by 9.7% in the 3rd quarter. Franklin Resources Inc. now owns 10,044 shares of the financial services provider’s stock valued at $503,000 after purchasing an additional 889 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Community Trust Bancorp by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 126,276 shares of the financial services provider’s stock valued at $6,696,000 after acquiring an additional 904 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Community Trust Bancorp by 33.7% during 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. 60.20% of the stock is owned by institutional investors and hedge funds.

Community Trust Bancorp Price Performance

Shares of NASDAQ CTBI opened at $50.89 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90. Community Trust Bancorp, Inc. has a fifty-two week low of $39.28 and a fifty-two week high of $61.67. The stock has a market capitalization of $921.21 million, a PE ratio of 11.04 and a beta of 0.62. The business has a fifty day moving average price of $53.44 and a two-hundred day moving average price of $53.48.

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

Community Trust Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.69%. The ex-dividend date 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.