Equitable Belief Co. reduce its holdings in Group Belief Bancorp, Inc. (NASDAQ:CTBI – Free Report) by 24.9% in the course of the third quarter, HoldingsChannel experiences. The agency owned 6,395 shares of the monetary companies supplier’s inventory after promoting 2,117 shares in the course of the interval. Equitable Belief Co.’s holdings in Group Belief Bancorp have been value $318,000 as of its most up-to-date submitting with the SEC.
A variety of different institutional traders have additionally made modifications to their positions within the enterprise. Dimensional Fund Advisors LP elevated its stake in shares of Group Belief Bancorp by 1.1% within the second quarter. Dimensional Fund Advisors LP now owns 1,171,419 shares of the monetary companies supplier’s inventory value $51,142,000 after buying an extra 12,707 shares in the course of the interval. Vanguard Group Inc. grew its place in Group Belief Bancorp by 1.2% in the course of the first quarter. Vanguard Group Inc. now owns 894,527 shares of the monetary companies supplier’s inventory value $38,152,000 after shopping for an extra 11,043 shares within the final quarter. Clifford Capital Companions LLC grew its place in Group Belief Bancorp by 7.8% in the course of the second quarter. Clifford Capital Companions LLC now owns 324,515 shares of the monetary companies supplier’s inventory value $14,168,000 after shopping for an extra 23,564 shares within the final quarter. American Century Firms Inc. grew its place in Group Belief Bancorp by 20.5% in the course of the second quarter. American Century Firms Inc. now owns 274,759 shares of the monetary companies supplier’s inventory value $11,996,000 after shopping for an extra 46,745 shares within the final quarter. Lastly, AQR Capital Administration LLC grew its place in Group Belief Bancorp by 37.8% in the course of the second quarter. AQR Capital Administration LLC now owns 188,707 shares of the monetary companies supplier’s inventory value $8,239,000 after shopping for an extra 51,765 shares within the final quarter. 60.20% of the inventory is at present owned by institutional traders.
Group Belief Bancorp Inventory Up 1.5 %
NASDAQ CTBI opened at $57.75 on Monday. The corporate has a present ratio of 0.88, a fast ratio of 0.88 and a debt-to-equity ratio of 0.09. The inventory’s 50 day transferring common is $50.35 and its two-hundred day transferring common is $46.75. The corporate has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.13 and a beta of 0.63. Group Belief Bancorp, Inc. has a 1-year low of $38.43 and a 1-year excessive of $61.20.
Group Belief Bancorp (NASDAQ:CTBI – Get Free Report) final launched its quarterly earnings knowledge on Wednesday, October sixteenth. The monetary companies supplier reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.08. The corporate had income of $95.38 million for the quarter, in comparison with the consensus estimate of $62.00 million. Group Belief Bancorp had a return on fairness of 11.13% and a web margin of 21.64%. Equities analysts forecast that Group Belief Bancorp, Inc. will put up 4.55 earnings per share for the present fiscal yr.
Group Belief Bancorp Dividend Announcement
The enterprise additionally just lately disclosed a quarterly dividend, which can be paid on Thursday, January 2nd. Shareholders of document on Sunday, December fifteenth can be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized foundation and a yield of three.26%. The ex-dividend date is Friday, December thirteenth. Group Belief Bancorp’s payout ratio is 42.73%.
Analyst Rankings Modifications
A variety of equities analysis analysts just lately weighed in on the corporate. Piper Sandler reissued an “obese” ranking and set a $64.00 goal worth on shares of Group Belief Bancorp in a analysis report on Friday. Raymond James raised Group Belief Bancorp from a “market carry out” ranking to an “outperform” ranking and set a $60.00 goal worth on the inventory in a analysis report on Friday, October 18th.
View Our Newest Inventory Report on Group Belief Bancorp
Group Belief Bancorp Profile
Group Belief Bancorp, Inc operates because the financial institution holding firm for Group Belief Financial institution, Inc that engages within the provision of economic and private banking, and belief and wealth administration companies to small and mid-sized communities in jap, northeastern, central, and south-central Kentucky, in addition to southern West Virginia, and northeastern Tennessee.
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