1 week Ago By ABMN Staff
Corebridge Financial Inc. decreased its holdings in shares of Republic Bancorp, Inc. ( NASDAQ:RBCAA – Free Report ) by 7.
0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,118 shares of the bank’s stock after selling 312 shares during the period. Corebridge Financial Inc.
’s holdings in Republic Bancorp were worth $288,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds also recently made changes to their positions in the company. New York State Teachers Retirement System grew its holdings in shares of Republic Bancorp by 659.
0% in the 4th quarter. New York State Teachers Retirement System now owns 759 shares of the bank’s stock worth $53,000 after acquiring an additional 659 shares during the last quarter. Sei Investments Co.
acquired a new position in shares of Republic Bancorp in the 4th quarter valued at $208,000. The Manufacturers Life Insurance Company purchased a new position in Republic Bancorp in the 3rd quarter worth about $224,000. Hohimer Wealth Management LLC acquired a new stake in Republic Bancorp during the 3rd quarter worth about $227,000.
Finally, SG Americas Securities LLC lifted its stake in Republic Bancorp by 22.8% during the fourth quarter. SG Americas Securities LLC now owns 3,851 shares of the bank’s stock valued at $269,000 after buying an additional 714 shares in the last quarter.
Institutional investors and hedge funds own 24.37% of the company’s stock. Insider Buying and Selling In other Republic Bancorp news, Director David P.
Feaster sold 1,406 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $66.42, for a total value of $93,386.
52. Following the transaction, the director now directly owns 4,303 shares of the company’s stock, valued at $285,805.26.
This represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink .
Also, EVP John T. Rippy sold 3,082 shares of the firm’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $65.
99, for a total value of $203,381.18. Following the sale, the executive vice president now directly owns 23,105 shares of the company’s stock, valued at $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 currently owned by corporate insiders.
Wall Street Analysts Forecast Growth Read Our Latest Analysis on Republic Bancorp Republic Bancorp Price Performance Shares of NASDAQ:RBCAA opened at $60.57 on Friday. The company has a market cap of $1.
18 billion, a P/E ratio of 11.58 and a beta of 0.46.
The company’s fifty day moving average is $65.09 and its two-hundred day moving average is $68.35.
The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.
38. Republic Bancorp, Inc. has a 12-month low of $46.
83 and a 12-month high of $80.68. Republic Bancorp ( NASDAQ:RBCAA – Get Free Report ) last posted 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 business also recently declared a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, March 21st will be given a $0.
451 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.
98%. This is a positive change from Republic Bancorp’s previous quarterly dividend of $0.41.
The ex-dividend date is Friday, March 21st. Republic Bancorp’s dividend payout ratio 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 Want to see what other hedge funds are holding RBCAA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Republic Bancorp, Inc. ( NASDAQ:RBCAA – Free Report ). 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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