Rosenthal Henry Capital Advisors Inc. reduced its position in First Merchants Co. (NASDAQ:FRME – Free Report) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,361 shares of the bank’s stock after selling 4,889 shares during the […]
Principal Financial Group Inc. trimmed its holdings in First Merchants Co. (NASDAQ:FRME – Free Report) by 1.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 926,082 shares of the bank’s stock after selling 10,269 shares during the quarter. Principal Financial Group Inc. owned 1.55% […]
First Merchants Co. (NASDAQ:FRME – Get Free Report) was the target of a large drop in short interest in August. As of August 15th, there was short interest totalling 472,000 shares, a drop of 14.1% from the July 31st total of 549,500 shares. Based on an average daily volume of 237,600 shares, the short-interest ratio […]
First Merchants (NASDAQ:FRME – Free Report) had its price target boosted by Piper Sandler from $36.00 to $40.00 in a report published on Wednesday, FlyOnTheWall reports. FRME has been the subject of a number of other research reports. TheStreet cut First Merchants from a b- rating to a c+ rating in a research report on […]
First Merchants (NASDAQ:FRME – Get Free Report) issued its earnings results on Tuesday. The bank reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.02), Yahoo Finance reports. First Merchants had a net margin of 29.25% and a return on equity of 13.13%. The company had revenue of […]