First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) Director James Edwin Zimmer purchased 1,111 shares of the company’s stock in a transaction dated Friday, March 17th. The shares were acquired at an average price of $32.77 per share, for a total transaction of $36,407.47. Following the purchase, the director now directly owns 1,716 shares of the company’s stock, valued at approximately $56,233.32. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

First Mid-Illinois Bancshares (NASDAQ:FMBH) last issued its earnings results on Thursday, July 27th. The bank reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.10. First Mid-Illinois Bancshares had a return on equity of 9.16% and a net margin of 22.04%. The business had revenue of $31.92 million for the quarter, compared to analyst estimates of $29.90 million.

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A number of equities research analysts have recently weighed in on the company. Zacks Investment Research upgraded First Mid-Illinois Bancshares from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Friday, September 8th. BidaskClub upgraded First Mid-Illinois Bancshares from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd.

A number of large investors have recently added to or reduced their stakes in FMBH. Teachers Advisors LLC grew its stake in First Mid-Illinois Bancshares by 31.3% during the 4th quarter. Teachers Advisors LLC now owns 12,241 shares of the bank’s stock worth $416,000 after buying an additional 2,916 shares during the last quarter. Nationwide Fund Advisors grew its stake in First Mid-Illinois Bancshares by 33.3% during the 1st quarter. Nationwide Fund Advisors now owns 4,473 shares of the bank’s stock worth $151,000 after buying an additional 1,117 shares during the last quarter. First Trust Advisors LP grew its stake in First Mid-Illinois Bancshares by 9.4% during the 1st quarter. First Trust Advisors LP now owns 23,000 shares of the bank’s stock worth $778,000 after buying an additional 1,980 shares during the last quarter. Bank of New York Mellon Corp grew its stake in First Mid-Illinois Bancshares by 7.9% during the 1st quarter. Bank of New York Mellon Corp now owns 33,111 shares of the bank’s stock worth $1,120,000 after buying an additional 2,427 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in First Mid-Illinois Bancshares during the 1st quarter worth approximately $161,000. Hedge funds and other institutional investors own 20.11% of the company’s stock.

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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