Community Trust Investment Co buys $69,134,399 stake in Community Trust Bancorp (CTBI)

Community Trust Bancorp (CTBI) : Community Trust Investment Co scooped up 20,448 additional shares in Community Trust Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 11, 2016. The investment management firm now holds a total of 1,925,213 shares of Community Trust Bancorp which is valued at $69,134,399.Community Trust Bancorp makes up approximately 8.58% of Community Trust Investment Co’s portfolio.

Other Hedge Funds, Including , Central Bank Trust Co reduced its stake in CTBI by selling 1,000 shares or 9.5% in the most recent quarter. The Hedge Fund company now holds 9,529 shares of CTBI which is valued at $342,186. Community Trust Bancorp makes up approx 0.10% of Central Bank Trust Co’s portfolio. Bnp Paribas Arbitrage Sa added CTBI to its portfolio by purchasing 594 company shares during the most recent quarter which is valued at $20,630.

Community Trust Bancorp closed down -0.2 points or -0.55% at $35.91 with 30,183 shares getting traded on Wednesday. Post opening the session at $36.21, the shares hit an intraday low of $35.617 and an intraday high of $36.25 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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.

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