First Merchants (FRME) News Today

Stephens lifted their target price on shares of First Merchants from $40.00 to $45.00 and gave the company an "overweight" rating in a research note on Friday.

State Board of Administration of Florida Retirement System boosted its stake in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 84.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,082 sh

First Merchants (NASDAQ:FRME) Hits New 52-Week High at $40.21

Sei Investments Co. trimmed its position in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 29.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 203,450 shares of the bank's stock after selling 86,385 shar

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 21.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 154,379 shares of the bank's

First Merchants (NASDAQ:FRME) will be releasing earnings before the market opens on Thursday, July 25, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=606206)

First Merchants (NASDAQ:FRME) Hits New 52-Week High at $38.29

First Merchants Co. (NASDAQ:FRME - Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 501,700 shares, an increase of 26.0% from the June 15th total of 398,100 shares. Based on an average daily trading volume, of 233,900 shares, the short-interest ratio is currently 2.1 days.

Empowered Funds LLC grew its holdings in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 40.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 184,862 shares of the bank's stock after acquiring an additional 53,463 shares during the quarter. Empow

Denali Advisors LLC raised its position in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 37.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,377 shares of the bank's stock after acquiring

Vanguard Group Inc. increased its stake in First Merchants Co. (NASDAQ:FRME - Free Report) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,571,539 shares of the bank's stock after purchasing an additional 32,12

The Manufacturers Life Insurance Company decreased its holdings in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 733,092 shares of the ban

Public Employees Retirement Association of Colorado lifted its position in First Merchants Co. (NASDAQ:FRME - Free Report) by 4,586.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 700,711 shares of the bank

First Merchants (NASDAQ:FRME) Sees Strong Trading Volume

Norges Bank purchased a new stake in First Merchants Co. (NASDAQ:FRME - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 388,340 shares of the bank's stock, valued at approximately $14,400,000. Norges B

Elizabeth Park Capital Advisors Ltd. bought a new position in First Merchants Co. (NASDAQ:FRME - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 52,989 shares of the bank's stock, valued at approximately $1,9

rhino investment partners Inc bought a new stake in shares of First Merchants Co. (NASDAQ:FRME - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 231,169 shares of th

Corient Private Wealth LLC raised its stake in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 209.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,307 shares of the bank's sto

Brown Advisory Inc. acquired a new position in First Merchants Co. (NASDAQ:FRME - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,644 shares of the bank's stock, valued at approximatel

Charles Schwab Investment Management Inc. lifted its position in First Merchants Co. (NASDAQ:FRME - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 669,702 shares of the bank's stock after

Dimensional Fund Advisors LP grew its stake in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 7.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,074,407 shares of the bank's stock after acquiring an additiona

Great Lakes Advisors LLC lifted its holdings in First Merchants Co. (NASDAQ:FRME - Free Report) by 134.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 139,605 shares of the bank's stock after buying an addit

First Merchants Co. (NASDAQ:FRME) declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 7th will be paid a dividend of 0.35 per share by the bank on Friday, June 21st. This represents a $1.40 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Friday, June 7th. This is a positive change from First Merchants's previous quarterly dividend of $0.34.

Victory Capital Management Inc. raised its position in shares of First Merchants Co. (NASDAQ:FRME - Free Report) by 10.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 978,469 shares of the bank's

New York State Common Retirement Fund raised its position in First Merchants Co. (NASDAQ:FRME - Free Report) by 28.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,357 shares of the bank's stock after buying an additional 21,6

Piper Sandler boosted their price objective on First Merchants from $41.00 to $42.50 and gave the company an "overweight" rating in a report on Monday.

PL Capital Advisors LLC trimmed its stake in First Merchants Co. (NASDAQ:FRME - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 704,333 shares of the bank's stock afte