Stock Yards Bancorp Inc. (NASDAQ:SYBT) insider Kathy C. Thompson sold 2,500 shares of the company’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $38.26, for a total value of $95,650.00. Following the completion of the transaction, the insider now directly owns 39,249 shares of the company’s stock, valued at approximately $1,501,666.74. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Stock Yards Bancorp Inc. (NASDAQ:SYBT) opened at 40.55 on Wednesday. Stock Yards Bancorp Inc. has a 52-week low of $22.67 and a 52-week high of $40.95. The firm has a 50 day moving average price of $34.39 and a 200-day moving average price of $30.56. The company has a market cap of $915.42 million, a price-to-earnings ratio of 23.00 and a beta of 0.63.

Stock Yards Bancorp (NASDAQ:SYBT) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.01. Stock Yards Bancorp had a return on equity of 13.36% and a net margin of 28.18%. Equities research analysts anticipate that Stock Yards Bancorp Inc. will post $1.79 earnings per share for the current year.

Insider Buying and Selling by Quarter for Stock Yards Bancorp (NASDAQ:SYBT)

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Monday, December 12th will be paid a dividend of $0.19 per share. This is a positive change from Stock Yards Bancorp’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a yield of 1.87%. Stock Yards Bancorp’s dividend payout ratio (DPR) is currently 40.68%.

A number of equities research analysts have commented on the company. Hilliard Lyons lowered Stock Yards Bancorp from a “neutral” rating to an “underperform” rating in a research report on Thursday, October 27th. Zacks Investment Research lowered Stock Yards Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, October 11th.

A number of large investors have recently bought and sold shares of the stock. Champlain Investment Partners LLC raised its stake in Stock Yards Bancorp by 48.9% in the second quarter. Champlain Investment Partners LLC now owns 793,278 shares of the company’s stock valued at $22,394,000 after buying an additional 260,493 shares in the last quarter. Vanguard Group Inc. raised its stake in Stock Yards Bancorp by 49.6% in the second quarter. Vanguard Group Inc. now owns 776,673 shares of the company’s stock valued at $21,926,000 after buying an additional 257,418 shares in the last quarter. Stock Yards Bank & Trust Co. raised its stake in Stock Yards Bancorp by 49.6% in the second quarter. Stock Yards Bank & Trust Co. now owns 753,580 shares of the company’s stock valued at $21,273,000 after buying an additional 249,684 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Stock Yards Bancorp by 0.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 719,559 shares of the company’s stock valued at $23,717,000 after buying an additional 2,175 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Stock Yards Bancorp by 52.0% in the second quarter. Dimensional Fund Advisors LP now owns 706,283 shares of the company’s stock valued at $19,938,000 after buying an additional 241,737 shares in the last quarter. 42.21% of the stock is owned by institutional investors.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Company operates through two segments: commercial banking, and investment management and trust. Its commercial banking segment provides a range of loan and deposit products to individual consumers and businesses.

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