Goldman Sachs Group Inc. purchased a new stake in Farmers Capital Bank Corporation (NASDAQ:FFKT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 20,782 shares of the bank’s stock, valued at approximately $801,000. Goldman Sachs Group Inc. owned 0.28% of Farmers Capital Bank Corporation as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Farmers Capital Bank Corporation by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 321,626 shares of the bank’s stock valued at $12,399,000 after purchasing an additional 10,264 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Farmers Capital Bank Corporation by 1.9% in the second quarter. Vanguard Group Inc. now owns 285,961 shares of the bank’s stock valued at $11,024,000 after purchasing an additional 5,269 shares during the period. Northern Trust Corp boosted its holdings in shares of Farmers Capital Bank Corporation by 1.6% in the second quarter. Northern Trust Corp now owns 93,542 shares of the bank’s stock valued at $3,606,000 after purchasing an additional 1,465 shares during the period. Geode Capital Management LLC boosted its holdings in shares of 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 valued at $2,591,000 after purchasing an additional 7,685 shares during the period. Finally, Kennedy Capital Management Inc. boosted its holdings in shares of 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 valued at $2,409,000 after purchasing an additional 7,954 shares during the period. Hedge funds and other institutional investors own 51.64% of the company’s stock.

Shares of Farmers Capital Bank Corporation (NASDAQ FFKT) opened at $39.55 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $312.66, a P/E ratio of 18.91 and a beta of 0.93. Farmers Capital Bank Corporation has a twelve month low of $29.65 and a twelve month high of $44.65.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last posted its earnings results on Wednesday, October 18th. The bank reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. The company had revenue of $19.72 million during the quarter, compared to analyst estimates of $19.42 million. Farmers Capital Bank Corporation had a return on equity of 8.77% and a net margin of 19.59%. research analysts expect that Farmers Capital Bank Corporation will post 2.39 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 1st will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.50 dividend on an annualized basis and a yield of 1.26%. This is a positive change from Farmers Capital Bank Corporation’s previous quarterly dividend of $0.10. Farmers Capital Bank Corporation’s dividend payout ratio is currently 19.14%.

In related news, CEO Lloyd C. Hillard, Jr. bought 1,000 shares of the stock in a transaction on Friday, September 8th. The stock was bought 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 Securities & Exchange Commission, which can be accessed through the SEC website. 3.09% of the stock is owned by corporate insiders.

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FFKT has been the subject of a number of research reports. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $40.00 price target on shares of Farmers Capital Bank Corporation in a report on Tuesday, October 3rd. ValuEngine upgraded Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research lowered Farmers Capital Bank Corporation from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th.

Farmers Capital Bank Corporation Profile

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. Their bank affiliate United Bank & Capital Trust Company operates 34 banking locations in 21 communities throughout Central and Northern Kentucky.

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

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