Semanteon Capital Management LP Acquires New Stake in Community Trust Bancorp, Inc. (NASDAQ:CTBI)

Semanteon Capital Management LP acquired a new stake in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,060 shares of the financial services provider’s stock, valued at approximately $268,000.

A number of other large investors have also made changes to their positions in CTBI. Thrivent Financial for Lutherans boosted its stake in shares of Community Trust Bancorp by 23.9% during the third quarter. Thrivent Financial for Lutherans now owns 80,948 shares of the financial services provider’s stock valued at $4,020,000 after acquiring an additional 15,619 shares during the last quarter. Quest Partners LLC lifted its position in Community Trust Bancorp by 99.2% during the third quarter. Quest Partners LLC now owns 10,483 shares of the financial services provider’s stock worth $521,000 after buying an additional 5,221 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in Community Trust Bancorp by 81.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,525 shares of the financial services provider’s stock worth $1,119,000 after buying an additional 10,093 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Community Trust Bancorp by 1.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 125,372 shares of the financial services provider’s stock worth $6,226,000 after buying an additional 1,914 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Community Trust Bancorp during the third quarter worth about $63,000. Institutional investors and hedge funds own 60.20% of the company’s stock.

Community Trust Bancorp Stock Performance

NASDAQ CTBI opened at $51.26 on Friday. The business’s 50-day moving average price is $53.56 and its 200 day moving average price is $53.38. Community Trust Bancorp, Inc. has a twelve month low of $39.28 and a twelve month high of $61.67. The company has a market capitalization of $927.91 million, a PE ratio of 11.12 and a beta of 0.62. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09.

Community Trust Bancorp (NASDAQ:CTBI) last released its earnings results on Wednesday, January 15th. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.05. Community Trust Bancorp had a return on equity of 11.36% and a net margin of 22.02%. During the same quarter in the prior year, the firm earned $1.04 EPS. On average, research analysts predict that Community Trust Bancorp, Inc. will post 5.06 earnings per share for the current year.

Community Trust Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Saturday, March 15th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.88 annualized dividend and a yield of 3.67%. Community Trust Bancorp’s dividend payout ratio (DPR) is presently 40.78%.

Community Trust Bancorp Company Profile

Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee.