Formidable Asset Management buys $2,813,388 stake in Stock Yards Bancorp Inc (SYBT)

Stock Yards Bancorp Inc (SYBT) : Formidable Asset Management scooped up 32,249 additional shares in Stock Yards Bancorp Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 95,079 shares of Stock Yards Bancorp Inc which is valued at $2,813,388.Stock Yards Bancorp Inc makes up approximately 1.55% of Formidable Asset Management’s portfolio.

Other Hedge Funds, Including , Banc Funds Co reduced its stake in SYBT by selling 64,265 shares or 28.87% in the most recent quarter. The Hedge Fund company now holds 158,358 shares of SYBT which is valued at $4,685,813. Stock Yards Bancorp Inc makes up approx 0.26% of Banc Funds Co’s portfolio.Aston Asset Management reduced its stake in SYBT by selling 98 shares or 0.47% in the most recent quarter. The Hedge Fund company now holds 20,869 shares of SYBT which is valued at $617,514. Stock Yards Bancorp Inc makes up approx 0.36% of Aston Asset Management’s portfolio.River Road Asset Management boosted its stake in SYBT in the latest quarter, The investment management firm added 42,580 additional shares and now holds a total of 510,821 shares of Stock Yards Bancorp Inc which is valued at $15,334,846. Stock Yards Bancorp Inc makes up approx 0.31% of River Road Asset Management’s portfolio.Mutual Of America Capital Management boosted its stake in SYBT in the latest quarter, The investment management firm added 7,044 additional shares and now holds a total of 262,266 shares of Stock Yards Bancorp Inc which is valued at $7,697,507. Stock Yards Bancorp Inc makes up approx 0.16% of Mutual Of America Capital Management’s portfolio.Wedge Capital Management L L Pnc reduced its stake in SYBT by selling 358,700 shares or 83.26% in the most recent quarter. The Hedge Fund company now holds 72,100 shares of SYBT which is valued at $2,129,834. Stock Yards Bancorp Inc makes up approx 0.02% of Wedge Capital Management L L Pnc’s portfolio.

Investors should note that on Aug 17, 2016, Stock Yards Bancorp Inc announced a cash dividend of $0.1800. The company’s management has announced Sep 8, 2016 as the ex-dividend date and fixed the record date on Sep 12, 2016. The payable date has been fixed on Oct 3, 2016.

Stock Yards Bancorp Inc. (Bancorp) is the holding company for Stock Yards Bank & Trust Company (the Bank). The Company operates through two business segments: commercial banking and investment management and trust. The commercial banking segment provides individual consumers and businesses with a range of loan and deposit products. The investment management and trust segment provides wealth management services including investment management trust and estate administration and retirement plan services. The Bank provides commercial and personal banking services in Louisville Kentucky Indianapolis Indiana and Cincinnati Ohio metropolitan markets through 35 full-service banking offices. The Bank has an investment management and trust department that offers investment management trust employee benefit plan and estate administration and financial planning services. The Bank originates and sells single-family residential mortgages and also offers securities brokerage services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *