Shoker Investment Counsel buys $1.2 Million stake in Community Trust Bancorp (CTBI)

Community Trust Bancorp (CTBI) : Shoker Investment Counsel scooped up 759 additional shares in Community Trust Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 35,349 shares of Community Trust Bancorp which is valued at $1.2 Million.Community Trust Bancorp makes up approximately 1.16% of Shoker Investment Counsel’s portfolio.

Other Hedge Funds, Including , O’shaughnessy Asset Management boosted its stake in CTBI in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 388 shares of Community Trust Bancorp which is valued at $13,510.Gsa Capital Partners Llp boosted its stake in CTBI in the latest quarter, The investment management firm added 5,600 additional shares and now holds a total of 14,362 shares of Community Trust Bancorp which is valued at $500,085. Community Trust Bancorp makes up approx 0.03% of Gsa Capital Partners Llp’s portfolio.Lsv Asset Management boosted its stake in CTBI in the latest quarter, The investment management firm added 20,986 additional shares and now holds a total of 312,915 shares of Community Trust Bancorp which is valued at $10.9 Million. Community Trust Bancorp makes up approx 0.02% of Lsv Asset Management’s portfolio.Smith Asset Management Group Lp boosted its stake in CTBI in the latest quarter, The investment management firm added 1,170 additional shares and now holds a total of 4,690 shares of Community Trust Bancorp which is valued at $165,979.Rhumbline Advisers boosted its stake in CTBI in the latest quarter, The investment management firm added 2,515 additional shares and now holds a total of 28,509 shares of Community Trust Bancorp which is valued at $1 Million.

Community Trust Bancorp opened for trading at $35.97 and hit $36.54 on the upside on Wednesday, eventually ending the session at $36.01, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 25,846 shares. Company has a market cap of $632 M.

Investors should note that on Apr 27, 2016, Community Trust Bancorp announced a cash dividend of $0.3100. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 1, 2016.

Many Wall Street Analysts have commented on Community Trust Bancorp. Community Trust Bancorp was Downgraded by Sandler O’Neill to ” Hold” on Apr 21, 2016.

Community Trust Bancorp Inc. serves its communities with 80 full-service banking locations in 35 counties throughout Kentucky West Virginia and Tennessee. It has four Trust offices in Kentucky and one in Tennessee.

Leave a Reply

Community Trust Bancorp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Community Trust Bancorp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.