Geode Capital Management LLC boosted its stake in shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) by 13.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 64,142 shares of the bank’s stock after buying an additional 7,685 shares during the period. Geode Capital Management LLC owned approximately 0.85% of Farmers Capital Bank Corporation worth $2,591,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. American International Group Inc. boosted its position in shares of Farmers Capital Bank Corporation by 7.1% in the first quarter. American International Group Inc. now owns 4,532 shares of the bank’s stock worth $183,000 after buying an additional 302 shares in the last quarter. Eagle Global Advisors LLC boosted its position in shares of Farmers Capital Bank Corporation by 6.2% in the first quarter. Eagle Global Advisors LLC now owns 9,916 shares of the bank’s stock worth $401,000 after buying an additional 580 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Farmers Capital Bank Corporation by 7.1% in the fourth quarter. Teachers Advisors LLC now owns 11,449 shares of the bank’s stock worth $481,000 after buying an additional 754 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Farmers Capital Bank Corporation by 9.3% in the first quarter. First Trust Advisors LP now owns 13,853 shares of the bank’s stock worth $560,000 after buying an additional 1,184 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Farmers Capital Bank Corporation by 15.3% in the first quarter. California Public Employees Retirement System now owns 24,124 shares of the bank’s stock worth $975,000 after buying an additional 3,200 shares in the last quarter. 51.49% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Farmers Capital Bank Corporation (NASDAQ FFKT) remained flat at $37.50 during trading on Friday. The company’s stock had a trading volume of 1,135 shares. The stock’s 50-day moving average price is $38.11 and its 200 day moving average price is $39.07. The firm has a market capitalization of $281.74 million, a PE ratio of 19.18 and a beta of 0.89. Farmers Capital Bank Corporation has a 1-year low of $27.28 and a 1-year high of $44.65.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last announced its earnings results on Wednesday, July 19th. The bank reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.06. The company had revenue of $19.05 million during the quarter, compared to analysts’ expectations of $19.40 million. Farmers Capital Bank Corporation had a net margin of 17.32% and a return on equity of 8.24%. On average, equities research analysts predict that Farmers Capital Bank Corporation will post $2.26 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Wednesday, August 30th. Farmers Capital Bank Corporation’s payout ratio is currently 20.41%.

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FFKT has been the topic of a number of recent research reports. ValuEngine raised Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised Farmers Capital Bank Corporation from a “hold” rating to a “strong-buy” rating and set a $44.00 target price on the stock in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $38.33.

Farmers Capital Bank Corporation Company Profile

Farmers Capital Bank Corporation is a bank holding company. The Company provides a range of banking and bank-related services to customers throughout Central and Northern Kentucky. Their affiliated bank is United Bank & Capital Trust Company.

Institutional Ownership by Quarter for Farmers Capital Bank Corporation (NASDAQ:FFKT)

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