Janus Henderson Group PLC Has $18.91 Million Stock Holdings in Nicolet Bankshares, Inc. (NYSE:NIC)

Janus Henderson Group PLC increased its position in Nicolet Bankshares, Inc. (NYSE:NIC - Free Report) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 180,218 shares of the company's stock after buying an additional 8,698 shares during the quarter. Janus Henderson Group PLC owned about 1.18% of Nicolet Bankshares worth $18,907,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Deutsche Bank AG boosted its holdings in Nicolet Bankshares by 51.0% during the fourth quarter. Deutsche Bank AG now owns 11,506 shares of the company's stock worth $1,207,000 after buying an additional 3,888 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in Nicolet Bankshares by 72.5% in the 4th quarter. Cubist Systematic Strategies LLC now owns 9,610 shares of the company's stock worth $1,008,000 after purchasing an additional 4,040 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in Nicolet Bankshares during the fourth quarter valued at about $240,000. Bank of America Corp DE increased its position in shares of Nicolet Bankshares by 4.4% in the fourth quarter. Bank of America Corp DE now owns 19,013 shares of the company's stock worth $1,995,000 after acquiring an additional 808 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Nicolet Bankshares by 4.4% in the 4th quarter. Ameriprise Financial Inc. now owns 9,262 shares of the company's stock worth $972,000 after purchasing an additional 390 shares during the period. Institutional investors own 43.06% of the company's stock.

Nicolet Bankshares Stock Up 0.4%

Shares of Nicolet Bankshares stock traded up $0.49 during midday trading on Monday, reaching $123.23. 120,133 shares of the company's stock traded hands, compared to its average volume of 54,582. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.96 and a current ratio of 0.96. Nicolet Bankshares, Inc. has a 52 week low of $76.01 and a 52 week high of $125.05. The company's 50 day simple moving average is $112.64 and its 200 day simple moving average is $111.63. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 15.35 and a beta of 0.76.

Nicolet Bankshares (NYSE:NIC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.96 by $0.14. The company had revenue of $89.43 million during the quarter, compared to analysts' expectations of $70.08 million. Nicolet Bankshares had a return on equity of 10.95% and a net margin of 23.83%. Equities analysts expect that Nicolet Bankshares, Inc. will post 8.18 earnings per share for the current fiscal year.

Nicolet Bankshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were given a dividend of $0.28 per share. The ex-dividend date was Monday, March 10th. This represents a $1.12 dividend on an annualized basis and a yield of 0.91%. Nicolet Bankshares's payout ratio is currently 13.51%.

Analyst Upgrades and Downgrades

NIC has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods lifted their price target on Nicolet Bankshares from $115.00 to $118.00 and gave the company a "market perform" rating in a report on Thursday, April 17th. Maxim Group upped their price objective on shares of Nicolet Bankshares from $124.00 to $131.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Finally, Piper Sandler lowered their price target on shares of Nicolet Bankshares from $120.00 to $118.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th.

Insider Buying and Selling at Nicolet Bankshares

In related news, Director Robert Bruce Atwell sold 3,102 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $117.65, for a total value of $364,950.30. Following the transaction, the director now directly owns 33,816 shares in the company, valued at approximately $3,978,452.40. This trade represents a 8.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Susan L. Merkatoris sold 3,700 shares of the business's stock in a transaction on Monday, April 21st. The stock was sold at an average price of $108.58, for a total transaction of $401,746.00. Following the transaction, the director now directly owns 78,218 shares of the company's stock, valued at approximately $8,492,910.44. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,294 shares of company stock worth $1,518,618 over the last 90 days. Insiders own 16.40% of the company's stock.

Nicolet Bankshares Company Profile

Nicolet Bankshares, Inc operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.