---
title: "Thoroughbred Financial Services LLC Makes New $2.89 Million Investment in Community Trust Bancorp, Inc. (NASDAQ:CTBI)"
description: "Thoroughbred Financial Services LLC has invested approximately $891,000 in Community Trust Bancorp, Inc. (NASDAQ:CTBI), acquiring 66,223 shares during the second quarter. This investment represents 0."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/214354113.md"
published_at: "2024-09-14T11:31:10.000Z"
---

# Thoroughbred Financial Services LLC Makes New $2.89 Million Investment in Community Trust Bancorp, Inc. (NASDAQ:CTBI)

> Thoroughbred Financial Services LLC has invested approximately $891,000 in Community Trust Bancorp, Inc. (NASDAQ:CTBI), acquiring 66,223 shares during the second quarter. This investment represents 0.37% ownership in the company. Other institutional investors have also adjusted their positions in CTBI. Community Trust Bancorp recently reported a quarterly EPS of $0.09, exceeding estimates, and announced an increased quarterly dividend of $0.47, with a yield of 3.87%. The company operates as a bank holding company providing various banking services in Kentucky and surrounding areas.

Thoroughbred Financial Services LLC purchased a new position in shares of Community Trust Bancorp, Inc. (NASDAQ:CTBI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 66,223 shares of the financial services provider's stock, valued at approximately $2,891,000. Thoroughbred Financial Services LLC owned approximately 0.37% of Community Trust Bancorp at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CTBI. Dimensional Fund Advisors LP grew its holdings in Community Trust Bancorp by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,158,760 shares of the financial services provider's stock worth $50,824,000 after acquiring an additional 9,507 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Community Trust Bancorp by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 894,527 shares of the financial services provider's stock worth $38,152,000 after purchasing an additional 11,043 shares during the period. LSV Asset Management boosted its stake in shares of Community Trust Bancorp by 9.0% during the first quarter. LSV Asset Management now owns 290,157 shares of the financial services provider's stock valued at $12,375,000 after purchasing an additional 23,890 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Community Trust Bancorp by 20.5% during the second quarter. American Century Companies Inc. now owns 274,759 shares of the financial services provider's stock valued at $11,996,000 after purchasing an additional 46,745 shares in the last quarter. Finally, Heartland Advisors Inc. increased its holdings in Community Trust Bancorp by 216.9% during the first quarter. Heartland Advisors Inc. now owns 161,700 shares of the financial services provider's stock valued at $6,897,000 after buying an additional 110,681 shares during the period. Hedge funds and other institutional investors own 60.20% of the company's stock.

## Community Trust Bancorp Stock Up 1.3 %

Community Trust Bancorp stock opened at $48.60 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.09. The firm has a market cap of $877.23 million, a P/E ratio of 11.28 and a beta of 0.64. The business has a fifty day moving average of $48.01 and a two-hundred day moving average of $43.85. Community Trust Bancorp, Inc. has a twelve month low of $33.48 and a twelve month high of $52.22.

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last released its quarterly earnings results on Wednesday, July 17th. The financial services provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. Community Trust Bancorp had a net margin of 21.85% and a return on equity of 11.14%. The business had revenue of $92.36 million during the quarter, compared to analyst estimates of $58.65 million. On average, analysts forecast that Community Trust Bancorp, Inc. will post 4.38 earnings per share for the current fiscal year.

## Community Trust Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Sunday, September 15th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.87%. This is an increase from Community Trust Bancorp's previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, September 13th. Community Trust Bancorp's dividend payout ratio (DPR) is 42.69%.

## Insiders Place Their Bets

In other Community Trust Bancorp news, EVP David Andrew Jones acquired 10,000 shares of the firm's stock in a transaction dated Monday, July 22nd. The stock was purchased at an average price of $32.27 per share, for a total transaction of $322,700.00. Following the acquisition, the executive vice president now owns 10,000 shares in the company, valued at approximately $322,700. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have bought 20,011 shares of company stock valued at $645,881. 4.30% of the stock is currently owned by insiders.

## Community Trust Bancorp Company Profile

(Free Report)

Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee.

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*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.*

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## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 大眾信託合眾銀行｜8-K：2025 財年 Q4 營收 74.72 百萬美元 |  | [Link](https://longbridge.com/en/news/273236275.md) |
| 大眾信託合眾銀行在 2026 年 CEO 論壇上進行演講 | 在 2026 年 2 月 3 日，Community Trust Bancorp Inc 在 2026 年首席執行官論壇上展示了其財務表現。主要亮點包括截至 2025 年 12 月 31 日的總資產為 67 億美元，2024 年至 2025 | [Link](https://longbridge.com/en/news/274709292.md) |
| 大眾信託合眾銀行批准了 2026 年高管和員工的激勵補償計劃 | 社區信託合眾銀行（Community Trust Bancorp Inc.）已批准 2026 年的新激勵薪酬計劃，包括針對高管的高級管理激勵薪酬計劃和針對全職員工的公司範圍員工激勵薪酬計劃。對於卓越表現，可能會授予特別期權獎勵。還批准了針對 | [Link](https://longbridge.com/en/news/273997185.md) |
| CTBI 第四季度淨收入增長 21%，達到 2730 萬美元 | 社區信託合眾銀行（Community Trust Bancorp Inc.）報告稱，2025 年第四季度淨收入增長 21%，達到 2730 萬美元，每股收益為 1.51 美元。全年淨收入達到 9810 萬美元，效率比率改善至 48.70%。 | [Link](https://longbridge.com/en/news/273235442.md) |
| 董事 Wayne Lamberton 收購了大眾信託合眾銀行的普通股 | 韋恩·蘭伯頓（Wayne Lamberton），董事，已收購社區銀行（Community Bancorp）的普通股。完整的文件可通過提供的鏈接獲取。此消息由公共技術公司（Public Technologies，PUBT）生成，僅供參考，不應 | [Link](https://longbridge.com/en/news/274552516.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
