Farmers Capital Bank Corporation (NASDAQ:FFKT)‘s stock had its “hold” rating reissued by research analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Tuesday. They presently have a $40.00 price target on the bank’s stock. Keefe, Bruyette & Woods’ price target suggests a potential downside of 5.21% from the company’s previous close.

A number of other research firms have also recently commented on FFKT. ValuEngine upgraded shares of Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research cut shares of Farmers Capital Bank Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Farmers Capital Bank Corporation has a consensus rating of “Buy” and a consensus target price of $39.67.

Shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) opened at 42.20 on Tuesday. The company has a market cap of $317.05 million, a PE ratio of 21.59 and a beta of 0.85. Farmers Capital Bank Corporation has a 12-month low of $29.65 and a 12-month high of $44.65. The company has a 50 day moving average of $38.98 and a 200-day moving average of $39.18.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last posted its quarterly earnings results on Wednesday, July 19th. The bank reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.06. Farmers Capital Bank Corporation had a net margin of 17.32% and a return on equity of 8.24%. The firm had revenue of $19.05 million for the quarter, compared to analysts’ expectations of $19.40 million. Equities research analysts anticipate that Farmers Capital Bank Corporation will post $2.26 earnings per share for the current year.

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In related news, CEO Lloyd C. Hillard, Jr. bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The shares were bought at an average price of $36.89 per share, for a total transaction of $36,890.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.09% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its holdings in Farmers Capital Bank Corporation by 9.3% in the first quarter. Bank of New York Mellon Corp now owns 42,459 shares of the bank’s stock worth $1,716,000 after purchasing an additional 3,608 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Farmers Capital Bank Corporation by 13.6% in the first quarter. Geode Capital Management LLC now owns 64,142 shares of the bank’s stock worth $2,591,000 after purchasing an additional 7,685 shares during the last quarter. Bowling Portfolio Management LLC boosted its holdings in Farmers Capital Bank Corporation by 108.6% in the second quarter. Bowling Portfolio Management LLC now owns 11,321 shares of the bank’s stock worth $436,000 after purchasing an additional 5,894 shares during the last quarter. Kennedy Capital Management Inc. boosted its holdings in Farmers Capital Bank Corporation by 14.6% in the second quarter. Kennedy Capital Management Inc. now owns 62,489 shares of the bank’s stock worth $2,409,000 after purchasing an additional 7,954 shares during the last quarter. Finally, AlphaMark Advisors LLC boosted its holdings in Farmers Capital Bank Corporation by 67.5% in the second quarter. AlphaMark Advisors LLC now owns 5,922 shares of the bank’s stock worth $228,000 after purchasing an additional 2,387 shares during the last quarter. Institutional investors own 51.55% of the company’s stock.

About Farmers Capital Bank Corporation

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. Its bank subsidiaries include Farmers Bank & Capital Trust Company (Farmers Bank), United Bank & Trust Company (United Bank), First Citizens Bank (First Citizens) and Citizens Bank of Northern Kentucky, Inc (Citizens Northern).

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