LCNB (NASDAQ:LCNB) EVP Sells $48,972.25 in Stock

LCNB Corporation (NASDAQ:LCNB - Get Free Report) EVP Michael Robert Miller sold 2,759 shares of the business's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $17.75, for a total value of $48,972.25. Following the completion of the sale, the executive vice president directly owned 16,798 shares of the company's stock, valued at approximately $298,164.50. This trade represents a 14.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.LCNB Trading Down 0.3%LCNB traded down $0.05 on Wednesday, hitting $17.55. 8,369 shares of the company were exchanged, compared to its average volume of 25,145. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a fifty day simple moving average of $16.97 and a two-hundred day simple moving average of $15.98. The stock has a market capitalization of $248.91 million, a PE ratio of 10.76 and a beta of 0.58. LCNB Corporation has a 12 month low of $13.34 and a 12 month high of $17.89. LCNB (NASDAQ:LCNB - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The bank reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.04). LCNB had a net margin of 18.57% and a return on equity of 8.76%. The company had revenue of $23.86 million for the quarter, compared to analysts' expectations of $17.90 million. Sell-side analysts expect that LCNB Corporation will post 1.65 earnings per share for the current year. LCNB Announces DividendThe company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.88 annualized dividend and a yield of 5.0%. LCNB's dividend payout ratio is presently 53.99%. Hedge Funds Weigh In On LCNBSeveral hedge funds and other institutional investors have recently modified their holdings of LCNB. Lcnb Corp lifted its holdings in LCNB by 0.9% in the fourth quarter. Lcnb Corp now owns 506,663 shares of the bank's stock worth $8,304,000 after buying an additional 4,675 shares during the period. Dimensional Fund Advisors LP raised its position in shares of LCNB by 4.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 494,644 shares of the bank's stock worth $8,107,000 after acquiring an additional 22,124 shares in the last quarter. Geode Capital Management LLC raised its position in shares of LCNB by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 329,487 shares of the bank's stock worth $5,402,000 after acquiring an additional 1,171 shares in the last quarter. State Street Corp lifted its stake in shares of LCNB by 0.3% in the 4th quarter. State Street Corp now owns 180,882 shares of the bank's stock valued at $2,965,000 after purchasing an additional 623 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of LCNB by 7.1% in the 4th quarter. Renaissance Technologies LLC now owns 138,116 shares of the bank's stock valued at $2,264,000 after purchasing an additional 9,200 shares during the period. Hedge funds and other institutional investors own 34.73% of the company's stock. Wall Street Analyst Weigh InSeparately, Weiss Ratings raised shares of LCNB from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy".Check Out Our Latest Research Report on LCNBLCNB Company Profile (Get Free Report)LCNB Financial Corp NASDAQ: LCNB is the bank holding company for LCNB National Bank, a community-focused regional bank headquartered in Cincinnati, Ohio. Through its banking subsidiary, LCNB provides a full suite of deposit and lending solutions designed to meet the needs of individual consumers, small businesses, and middle-market commercial clients. The company emphasizes personalized service, offering checking, savings, money market, and certificate of deposit accounts alongside digital and mobile banking platforms. On the lending side, LCNB National Bank extends a range of credit products, including commercial and industrial loans, real estate and construction financing, agricultural loans, residential mortgages, and consumer lending.Read MoreFive stocks we like better than LCNBEnergy Security Is Now National Security - Positioning Is Happening NowGold Is About to Do Something It Hasn’t in 90 Years3 Signs You May Want to Switch Financial AdvisorsATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!Why Q4 Could Destroy Your WealthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in LCNB Right Now?Before you consider LCNB, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LCNB wasn't on the list.While LCNB currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here