Republic Bancorp, Inc. KY (NASDAQ:RBCAA) Director Purchases $126,760.00 in Stock

Republic Bancorp, Inc. KY (NASDAQ:RBCAA) Director Mark A. Vogt acquired 4,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was acquired at an average cost of $31.69 per share, with a total value of $126,760.00. Following the completion of the purchase, the director now directly owns 11,009 shares in the company, valued at $348,875.21. The purchase was disclosed in a filing with the SEC, which is available at this link.

Mark A. Vogt also recently made the following trade(s):

  • On Thursday, July 23rd, Mark A. Vogt acquired 2,000 shares of Republic Bancorp, Inc. KY stock. The stock was acquired at an average cost of $31.15 per share, with a total value of $62,300.00.

RBCAA stock opened at $30.22 on Friday. Republic Bancorp, Inc. KY has a 12 month low of $27.05 and a 12 month high of $49.76. The company has a current ratio of 1.15, a quick ratio of 1.13 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average price of $31.35 and a 200 day moving average price of $34.52. The stock has a market cap of $630.76 million, a PE ratio of 7.28 and a beta of 0.67.

Republic Bancorp, Inc. KY (NASDAQ:RBCAA) last released its quarterly earnings results on Friday, July 17th. The bank reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.09. Republic Bancorp, Inc. KY had a net margin of 24.79% and a return on equity of 10.30%. The firm had revenue of $70.96 million during the quarter.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, September 18th will be paid a dividend of $0.286 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.79%.

Several hedge funds have recently added to or reduced their stakes in RBCAA. Strs Ohio lifted its holdings in Republic Bancorp, Inc. KY by 8.7% during the 2nd quarter. Strs Ohio now owns 13,700 shares of the bank’s stock valued at $448,000 after buying an additional 1,100 shares in the last quarter. Denali Advisors LLC lifted its holdings in Republic Bancorp, Inc. KY by 29.5% during the 2nd quarter. Denali Advisors LLC now owns 62,690 shares of the bank’s stock valued at $2,051,000 after buying an additional 14,290 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Republic Bancorp, Inc. KY by 83.0% during the 2nd quarter. SG Americas Securities LLC now owns 5,971 shares of the bank’s stock valued at $195,000 after buying an additional 2,708 shares in the last quarter. Morgan Stanley lifted its holdings in Republic Bancorp, Inc. KY by 20.0% during the 1st quarter. Morgan Stanley now owns 387,697 shares of the bank’s stock valued at $12,805,000 after buying an additional 64,646 shares in the last quarter. Finally, Advisor Group Holdings Inc. bought a new stake in Republic Bancorp, Inc. KY during the 1st quarter valued at about $32,000. 26.67% of the stock is owned by hedge funds and other institutional investors.

Republic Bancorp, Inc. KY Company Profile

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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