First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) Director James Edwin Zimmer acquired 601 shares of the business’s stock in a transaction that occurred on Tuesday, March 21st. The stock was purchased at an average price of $32.77 per share, for a total transaction of $19,694.77. Following the completion of the transaction, the director now owns 1,716 shares in the company, valued at $56,233.32. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) traded down 0.20% during mid-day trading on Friday, reaching $40.15. 1,382 shares of the company traded hands. The stock’s 50 day moving average is $36.32 and its 200 day moving average is $34.84. The stock has a market capitalization of $502.40 million, a PE ratio of 18.12 and a beta of -0.03. First Mid-Illinois Bancshares, Inc. has a 52-week low of $25.80 and a 52-week high of $41.15.

First Mid-Illinois Bancshares (NASDAQ:FMBH) last posted its earnings results on Thursday, July 27th. The bank reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.10. First Mid-Illinois Bancshares had a net margin of 22.04% and a return on equity of 9.16%. The business had revenue of $31.92 million for the quarter, compared to analyst estimates of $29.90 million. On average, analysts anticipate that First Mid-Illinois Bancshares, Inc. will post $2.38 earnings per share for the current year.

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Institutional investors and hedge funds have recently bought and sold shares of the company. Nationwide Fund Advisors grew its holdings in shares of First Mid-Illinois Bancshares by 33.3% in the 1st quarter. Nationwide Fund Advisors now owns 4,473 shares of the bank’s stock worth $151,000 after purchasing an additional 1,117 shares during the last quarter. American International Group Inc. grew its holdings in shares of First Mid-Illinois Bancshares by 38.8% in the 1st quarter. American International Group Inc. now owns 4,579 shares of the bank’s stock worth $155,000 after purchasing an additional 1,279 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of First Mid-Illinois Bancshares in the 1st quarter worth about $161,000. LSV Asset Management grew its holdings in shares of First Mid-Illinois Bancshares by 947.4% in the 2nd quarter. LSV Asset Management now owns 5,300 shares of the bank’s stock worth $181,000 after purchasing an additional 4,794 shares during the last quarter. Finally, Voya Investment Management LLC bought a new stake in shares of First Mid-Illinois Bancshares in the 2nd quarter worth about $201,000. 20.11% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently weighed in on FMBH. Zacks Investment Research downgraded shares of First Mid-Illinois Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub upgraded shares of First Mid-Illinois Bancshares from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd.

First Mid-Illinois Bancshares Company Profile

First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiaries, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank) and First Clover Leaf Bank, N.A. (First Clover Leaf Bank). The Company provides data processing services to affiliates through another subsidiary, Mid-Illinois Data Services, Inc (MIDS).

Insider Buying and Selling by Quarter for First Mid-Illinois Bancshares (NASDAQ:FMBH)

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