Federated Investors Inc. PA trimmed its holdings in shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,028 shares of the bank’s stock after selling 727 shares during the period. Federated Investors Inc. PA owned about 0.39% of Farmers Capital Bank Corporation worth $1,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FFKT. Bank of New York Mellon Corp boosted its position in Farmers Capital Bank Corporation by 9.3% during the first quarter. Bank of New York Mellon Corp now owns 42,459 shares of the bank’s stock worth $1,716,000 after acquiring an additional 3,608 shares during the last quarter. Oxford Asset Management boosted its position in Farmers Capital Bank Corporation by 43.1% during the first quarter. Oxford Asset Management now owns 33,091 shares of the bank’s stock worth $1,337,000 after acquiring an additional 9,972 shares during the last quarter. Geode Capital Management LLC boosted its position in Farmers Capital Bank Corporation by 13.6% during the first quarter. Geode Capital Management LLC now owns 64,142 shares of the bank’s stock worth $2,591,000 after acquiring an additional 7,685 shares during the last quarter. Bowling Portfolio Management LLC boosted its position in Farmers Capital Bank Corporation by 108.6% during the second quarter. Bowling Portfolio Management LLC now owns 11,321 shares of the bank’s stock worth $436,000 after acquiring an additional 5,894 shares during the last quarter. Finally, Spark Investment Management LLC boosted its position in Farmers Capital Bank Corporation by 29.4% during the first quarter. Spark Investment Management LLC now owns 15,400 shares of the bank’s stock worth $622,000 after acquiring an additional 3,500 shares during the last quarter. 51.55% of the stock is owned by institutional investors and hedge funds.

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In related news, CEO Lloyd C. Hillard, Jr. acquired 1,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were purchased at an average price of $36.89 per share, for a total transaction of $36,890.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders acquired 1,535 shares of company stock worth $56,403. Company insiders own 3.09% of the company’s stock.

Shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) opened at 38.75 on Friday. The company’s 50-day moving average is $37.55 and its 200-day moving average is $38.90. The firm has a market cap of $291.13 million, a price-to-earnings ratio of 19.82 and a beta of 0.86. Farmers Capital Bank Corporation has a 12 month low of $29.24 and a 12 month high of $44.65.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last released its quarterly earnings results on Wednesday, July 19th. The bank reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.06. The business had revenue of $19.05 million for the quarter, compared to analyst estimates 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 forecast that Farmers Capital Bank Corporation will post $2.26 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 annualized dividend and a yield of 1.03%. Farmers Capital Bank Corporation’s dividend payout ratio is presently 20.41%.

A number of analysts recently issued reports on FFKT shares. ValuEngine upgraded shares of Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of 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 research report on Tuesday, July 25th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target 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.

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

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