Stock Yards Bancorp Inc. (NASDAQ:SYBT) shot up 1.3% during trading on Tuesday . The company traded as high as $29.96 and last traded at $29.85, with a volume of 58,867 shares traded. The stock had previously closed at $29.46.

Separately, Zacks Investment Research lowered Stock Yards Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th.

The stock has a market cap of $664.90 million and a PE ratio of 17.68. The company’s 50-day moving average price is $28.28 and its 200 day moving average price is $26.30.

Stock Yards Bancorp (NASDAQ:SYBT) last issued its quarterly earnings data on Wednesday, April 27th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.03. Equities research analysts predict that Stock Yards Bancorp Inc. will post $1.73 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Monday, June 13th were issued a $0.18 dividend. The ex-dividend date was Thursday, June 9th. This represents a $0.72 annualized dividend and a yield of 2.44%.

In other news, CEO David P. Heintzman sold 5,000 shares of the business’s stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of $28.95, for a total transaction of $144,750.00. Following the completion of the transaction, the chief executive officer now directly owns 166,407 shares of the company’s stock, valued at $4,817,482.65. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President James A. Hillebrand sold 1,064 shares of the business’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $28.23, for a total value of $30,036.72. Following the transaction, the president now directly owns 49,410 shares of the company’s stock, valued at $1,394,844.30. The disclosure for this sale can be found here.

Other large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Stock Yards Bancorp by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 455,362 shares of the company’s stock valued at $17,208,000 after buying an additional 20,538 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in Stock Yards Bancorp by 9.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 171,263 shares of the company’s stock valued at $6,472,000 after buying an additional 14,110 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Stock Yards Bancorp by 5.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 147,380 shares of the company’s stock valued at $5,570,000 after buying an additional 7,604 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in Stock Yards Bancorp by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 27,441 shares of the company’s stock valued at $1,037,000 after buying an additional 400 shares during the last quarter.

Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Company operates through two segments: commercial banking, and investment management and trust. Its commercial banking segment provides a range of loan and deposit products to individual consumers and businesses.

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