Curi RMB Capital LLC Buys 2,651 Shares of Stock Yards Bancorp, Inc. (NASDAQ:SYBT)

Curi RMB Capital LLC boosted its stake in Stock Yards Bancorp, Inc. (NASDAQ:SYBT) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 253,020 shares of the bank’s stock after purchasing an additional 2,651 shares during the quarter. Curi RMB Capital LLC owned approximately 0.86% of Stock Yards Bancorp worth $18,119,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its holdings in shares of Stock Yards Bancorp by 120.2% during the fourth quarter. Victory Capital Management Inc. now owns 1,074,606 shares of the bank’s stock valued at $76,953,000 after purchasing an additional 586,550 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Stock Yards Bancorp by 2.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 965,396 shares of the bank’s stock valued at $69,133,000 after acquiring an additional 24,011 shares in the last quarter. State Street Corp boosted its stake in Stock Yards Bancorp by 2.0% in the 3rd quarter. State Street Corp now owns 778,497 shares of the bank’s stock worth $48,506,000 after purchasing an additional 15,156 shares in the last quarter. Geode Capital Management LLC grew its position in Stock Yards Bancorp by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 636,744 shares of the bank’s stock valued at $39,480,000 after purchasing an additional 5,391 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Stock Yards Bancorp by 2.1% during the 4th quarter. American Century Companies Inc. now owns 277,561 shares of the bank’s stock valued at $19,876,000 after purchasing an additional 5,661 shares in the last quarter. Hedge funds and other institutional investors own 56.46% of the company’s stock.

Stock Yards Bancorp Trading Up 0.6 %

NASDAQ:SYBT opened at $67.44 on Friday. Stock Yards Bancorp, Inc. has a 52 week low of $42.78 and a 52 week high of $79.79. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 17.34 and a beta of 0.77. The company’s 50 day moving average price is $69.53 and its 200-day moving average price is $70.66. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.38.

Stock Yards Bancorp (NASDAQ:SYBT) last announced its quarterly earnings results on Wednesday, January 22nd. The bank reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.08. Stock Yards Bancorp had a return on equity of 12.71% and a net margin of 22.54%. During the same quarter in the prior year, the company earned $0.82 EPS. On average, equities research analysts forecast that Stock Yards Bancorp, Inc. will post 4.16 earnings per share for the current fiscal year.

Stock Yards Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.24 annualized dividend and a dividend yield of 1.84%. Stock Yards Bancorp’s payout ratio is 31.88%.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, and other banking services.