Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 33,478 Community Trust Bancorp, Inc. $CTBI

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 33,478 shares of Community Trust Bancorp (NASDAQ:CTBI) in the fourth quarter — about $1.892 million — leaving it with a 0.18% stake.
• Community Trust Bancorp recently beat estimates with $1.50 EPS (vs. $1.39) and $74.2M revenue (vs. $73.0M), has a $1.19B market cap and 11.52 PE, and declared a quarterly dividend of $0.53 (annual $2.12, ~3.2% yield).
• Analysts have an average rating of "Buy" with a $63.50 target, and institutional investors and hedge funds own roughly 60.20% of the shares.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Community Trust Bancorp, Inc. (NASDAQ:CTBI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 33,478 shares of the financial services provider's stock, valued at approximately $1,892,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.18% of Community Trust Bancorp at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CTBI. Assetmark Inc. acquired a new stake in Community Trust Bancorp in the fourth quarter valued at approximately $27,000. State of Alaska Department of Revenue acquired a new stake in Community Trust Bancorp in the third quarter valued at approximately $40,000. Farther Finance Advisors LLC grew its holdings in Community Trust Bancorp by 51.5% in the third quarter. Farther Finance Advisors LLC now owns 1,148 shares of the financial services provider's stock valued at $64,000 after purchasing an additional 390 shares during the period. Strs Ohio acquired a new stake in Community Trust Bancorp in the first quarter valued at approximately $86,000. Finally, Quadrant Capital Group LLC acquired a new stake in Community Trust Bancorp in the third quarter valued at approximately $86,000. 60.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a "buy (b)" rating on shares of Community Trust Bancorp in a research report on Friday, March 27th. Zacks Research upgraded Community Trust Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $63.50.

Community Trust Bancorp Stock Performance

NASDAQ CTBI opened at $65.80 on Friday. The company has a market cap of $1.19 billion, a PE ratio of 11.52 and a beta of 0.55. The stock's 50 day simple moving average is $62.12 and its 200-day simple moving average is $59.14. Community Trust Bancorp, Inc. has a 1-year low of $49.00 and a 1-year high of $68.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.92 and a quick ratio of 0.92.

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last released its earnings results on Wednesday, April 15th. The financial services provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.11. The business had revenue of $74.20 million for the quarter, compared to the consensus estimate of $73.00 million. Community Trust Bancorp had a return on equity of 12.42% and a net margin of 24.85%. As a group, equities research analysts anticipate that Community Trust Bancorp, Inc. will post 6.08 EPS for the current fiscal year.

Community Trust Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 3.2%. Community Trust Bancorp's dividend payout ratio (DPR) is presently 37.13%.

Community Trust Bancorp Company Profile

Community Trust Bancorp, Inc is a bank holding company headquartered in Pikeville, Kentucky. As the parent of Community Trust Bank, the company provides a comprehensive range of banking services to individuals, families and businesses throughout eastern Kentucky, southern West Virginia and northeast Tennessee. With origins dating back to the early 20th century, the organization has built a reputation for supporting community development and regional economic growth across the Appalachian region.

The company's personal banking offerings include checking and savings accounts, consumer installment loans, home equity and mortgage lending, as well as online and mobile banking platforms.

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