Shares of First Merchants Co. (NASDAQ:FRME – Get Rating) saw strong trading volume on Thursday . 318,167 shares were traded during mid-day trading, an increase of 44% from the previous session’s volume of 220,472 shares.The stock last traded at $28.78 and had previously closed at $28.60. Analyst Upgrades and Downgrades Several analysts have issued reports […]
First Merchants Co. (NASDAQ:FRME – Get Rating) announced a quarterly dividend on Wednesday, May 10th, Zacks reports. Stockholders of record on Friday, June 2nd will be paid a dividend of 0.34 per share by the bank on Friday, June 16th. This represents a $1.36 annualized dividend and a dividend yield of 5.01%. The ex-dividend date […]
John W. Rosenthal Capital Management Inc. acquired a new position in First Merchants Co. (NASDAQ:FRME – Get Rating) during the fourth quarter, Holdings Channel reports. The firm acquired 35,250 shares of the bank’s stock, valued at approximately $1,449,000. Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas […]
StockNews.com initiated coverage on shares of First Merchants (NASDAQ:FRME – Get Rating) in a research note released on Thursday. The firm issued a hold rating on the bank’s stock. Separately, Raymond James reduced their target price on shares of First Merchants from $43.00 to $38.00 in a research note on Wednesday, April 26th. First Merchants […]
Equities researchers at StockNews.com assumed coverage on shares of First Merchants (NASDAQ:FRME – Get Rating) in a research report issued on Thursday. The firm set a “hold” rating on the bank’s stock. Separately, Raymond James decreased their price objective on shares of First Merchants from $43.00 to $38.00 in a report on Wednesday, April 26th. […]