American Century Companies Inc. Acquires 22,818 Shares of Republic Bancorp, Inc. (NASDAQ:RBCAA)

American Century Companies Inc. lifted its holdings in Republic Bancorp, Inc. ( NASDAQ:RBCAA – Free Report ) by 14.

0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 186,117 shares of the bank’s stock after acquiring an additional 22,818 shares during the period. American Century Companies Inc.



owned 0.96% of Republic Bancorp worth $13,004,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in the business.

Allworth Financial LP increased its holdings in shares of Republic Bancorp by 3,326.8% in the fourth quarter. Allworth Financial LP now owns 11,137 shares of the bank’s stock worth $756,000 after purchasing an additional 10,812 shares during the last quarter.

Barclays PLC increased its stake in Republic Bancorp by 338.3% in the 3rd quarter. Barclays PLC now owns 12,736 shares of the bank’s stock worth $831,000 after acquiring an additional 9,830 shares during the last quarter.

Geode Capital Management LLC raised its holdings in shares of Republic Bancorp by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 219,628 shares of the bank’s stock worth $14,345,000 after acquiring an additional 9,430 shares in the last quarter.

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Republic Bancorp during the 4th quarter valued at approximately $375,000. Finally, State Street Corp grew its holdings in shares of Republic Bancorp by 2.

2% in the third quarter. State Street Corp now owns 210,298 shares of the bank’s stock valued at $13,816,000 after purchasing an additional 4,429 shares in the last quarter. Hedge funds and other institutional investors own 24.

37% of the company’s stock. Analysts Set New Price Targets Separately, Hovde Group lowered their price objective on shares of Republic Bancorp from $72.00 to $70.

00 and set a “market perform” rating for the company in a research report on Monday, January 27th. Insider Buying and Selling In other Republic Bancorp news, Director David P. Feaster sold 1,406 shares of the business’s stock in a transaction dated Wednesday, January 29th.

The shares were sold at an average price of $66.42, for a total value of $93,386.52.

Following the completion of the sale, the director now directly owns 4,303 shares of the company’s stock, valued at $285,805.26. The trade was a 24.

63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, EVP John T.

Rippy sold 3,082 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $65.99, for a total transaction of $203,381.

18. Following the transaction, the executive vice president now directly owns 23,105 shares in the company, valued at approximately $1,524,698.95.

This trade represents a 11.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here .

56.40% of the stock is owned by corporate insiders. Republic Bancorp Trading Down 0.

1 % Shares of NASDAQ RBCAA opened at $63.75 on Wednesday. Republic Bancorp, Inc.

has a 1-year low of $46.81 and a 1-year high of $80.68.

The company has a debt-to-equity ratio of 0.38, a current ratio of 1.12 and a quick ratio of 1.

11. The business’s 50 day moving average is $65.99 and its two-hundred day moving average is $68.

65. The stock has a market capitalization of $1.24 billion, a P/E ratio of 12.

19 and a beta of 0.46. Republic Bancorp ( NASDAQ:RBCAA – Get Free Report ) last released its quarterly earnings results on Friday, January 24th.

The bank reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.

22). Republic Bancorp had a net margin of 20.05% and a return on equity of 10.

60%. Republic Bancorp Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, March 21st will be issued a $0.

451 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.

83%. The ex-dividend date of this dividend is Friday, March 21st. This is a positive change from Republic Bancorp’s previous quarterly dividend of $0.

41. Republic Bancorp’s dividend payout ratio (DPR) is 34.42%.

Republic Bancorp Company Profile ( Free Report ) Republic Bancorp, Inc operates as a bank holding company for Republic Bank & Trust Company that provides various banking products and services in the United States. It operates in six segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, Republic Payment Solutions, and Republic Credit Solutions. Featured Articles Five stocks we like better than Republic Bancorp Ride Out The Recession With These Dividend Kings D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy How to Calculate Retirement Income: MarketBeat’s Calculator Amazon Falls Back to a Key Support Line: Here’s How to Play It What does consumer price index measure? Buffett Trims Equities, But Still Keeps Buying This Stock Receive News & Ratings for Republic Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Republic Bancorp and related companies with MarketBeat.

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