Republic Bancorp, Inc. KY (NASDAQ:RBCAA) EVP Steven E. Deweese sold 277 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $46.00, for a total value of $12,742.00. Following the transaction, the executive vice president now owns 29,762 shares in the company, valued at $1,369,052. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Republic Bancorp, Inc. KY stock traded up $1.00 on Friday, hitting $45.20. The stock had a trading volume of 3,392 shares, compared to its average volume of 19,648. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 1.68. Republic Bancorp, Inc. KY has a one year low of $35.17 and a one year high of $52.68. The stock has a market cap of $935.04 million, a price-to-earnings ratio of 11.76 and a beta of 0.70. The stock’s 50-day simple moving average is $45.08 and its two-hundred day simple moving average is $45.69.

Republic Bancorp, Inc. KY (NASDAQ:RBCAA) last posted its quarterly earnings results on Friday, October 18th. The bank reported $0.83 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.08. Republic Bancorp, Inc. KY had a net margin of 24.35% and a return on equity of 11.42%. The company had revenue of $66.34 million during the quarter.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 20th will be issued a $0.264 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, December 19th.

Several hedge funds have recently added to or reduced their stakes in RBCAA. Panagora Asset Management Inc. increased its stake in shares of Republic Bancorp, Inc. KY by 0.6% during the second quarter. Panagora Asset Management Inc. now owns 76,311 shares of the bank’s stock valued at $3,796,000 after buying an additional 454 shares during the period. Swiss National Bank boosted its holdings in Republic Bancorp, Inc. KY by 2.7% in the second quarter. Swiss National Bank now owns 19,100 shares of the bank’s stock valued at $950,000 after acquiring an additional 500 shares in the last quarter. JPMorgan Chase & Co. increased its position in Republic Bancorp, Inc. KY by 1.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 49,930 shares of the bank’s stock valued at $2,436,000 after purchasing an additional 689 shares during the period. Aperio Group LLC purchased a new position in Republic Bancorp, Inc. KY during the 2nd quarter valued at $35,000. Finally, KBC Group NV increased its position in Republic Bancorp, Inc. KY by 30.2% during the 2nd quarter. KBC Group NV now owns 3,076 shares of the bank’s stock valued at $153,000 after purchasing an additional 713 shares during the period. Hedge funds and other institutional investors own 26.84% of the company’s stock.

Separately, BidaskClub downgraded Republic Bancorp, Inc. KY from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th.

About Republic Bancorp, Inc. KY

Republic Bancorp, Inc, a financial holding company, provides banking products and services in the United States. It operates through five segments: Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, savings, time, and brokered and other certificates of deposit; and money market and individual retirement accounts.

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Insider Buying and Selling by Quarter for Republic Bancorp, Inc. KY (NASDAQ:RBCAA)

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