Farmers Capital Bank Corporation (FFKT) Stake Maintained by HL Financial Services LLC

HL Financial Services LLC held its position in shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) during the second quarter, Holdings Channel reports. The fund owned 32,932 shares of the bank’s stock at the end of the second quarter. HL Financial Services LLC’s holdings in Farmers Capital Bank Corporation were worth $1,270,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. American International Group Inc. boosted its position in shares of Farmers Capital Bank Corporation by 7.1% in the first quarter. American International Group Inc. now owns 4,532 shares of the bank’s stock valued at $183,000 after buying an additional 302 shares during the last quarter. Eagle Global Advisors LLC boosted its position in shares of Farmers Capital Bank Corporation by 6.2% in the first quarter. Eagle Global Advisors LLC now owns 9,916 shares of the bank’s stock valued at $401,000 after buying an additional 580 shares during the last quarter. Teachers Advisors LLC boosted its position in shares of Farmers Capital Bank Corporation by 7.1% in the fourth quarter. Teachers Advisors LLC now owns 11,449 shares of the bank’s stock valued at $481,000 after buying an additional 754 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Farmers Capital Bank Corporation by 9.3% in the first quarter. First Trust Advisors LP now owns 13,853 shares of the bank’s stock valued at $560,000 after buying an additional 1,184 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Farmers Capital Bank Corporation by 15.3% in the first quarter. California Public Employees Retirement System now owns 24,124 shares of the bank’s stock valued at $975,000 after buying an additional 3,200 shares during the last quarter. 51.47% of the stock is currently owned by hedge funds and other institutional investors.

Farmers Capital Bank Corporation (NASDAQ FFKT) opened at 37.05 on Friday. The firm has a 50-day moving average of $38.48 and a 200-day moving average of $39.01. The firm has a market cap of $278.36 million, a PE ratio of 18.95 and a beta of 0.89. Farmers Capital Bank Corporation has a 52-week low of $27.28 and a 52-week high of $44.65.

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 consensus estimate of $0.54 by $0.06. The company had revenue of $19.05 million during the quarter, compared to analysts’ expectations of $19.40 million. Farmers Capital Bank Corporation had a return on equity of 8.24% and a net margin of 17.32%. Equities analysts anticipate that Farmers Capital Bank Corporation will post $2.26 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Wednesday, August 30th. Farmers Capital Bank Corporation’s dividend payout ratio (DPR) is 20.41%.

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Several brokerages have recently weighed in on FFKT. Zacks Investment Research cut shares of Farmers Capital Bank Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. ValuEngine raised shares of Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Farmers Capital Bank Corporation presently has a consensus rating of “Buy” and an average price target of $38.33.

Farmers Capital Bank Corporation Company Profile

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. The company’s bank affiliate is United Bank. United Bank has 34 branch locations in 21 communities throughout Central and Northern Kentucky.

Want to see what other hedge funds are holding FFKT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Farmers Capital Bank Corporation (NASDAQ:FFKT).

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

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