Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) insider Jimmy S. H. Lee sold 25,000 shares of the stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $14.46, for a total transaction of $361,500.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Mercer International Inc. (NASDAQ MERC) opened at $14.80 on Friday. The firm has a market cap of $936.25, a PE ratio of 16.36 and a beta of 1.49. Mercer International Inc. has a 1-year low of $10.45 and a 1-year high of $15.00. The company has a current ratio of 3.58, a quick ratio of 2.44 and a debt-to-equity ratio of 1.40.

Mercer International (NASDAQ:MERC) (TSE:MRI.U) last posted its earnings results on Thursday, October 26th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter. Mercer International had a net margin of 4.49% and a return on equity of 13.50%.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Wednesday, December 27th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date was Tuesday, December 26th. This is an increase from Mercer International’s previous quarterly dividend of $0.12. Mercer International’s dividend payout ratio is 69.44%.

Several research analysts have recently weighed in on the stock. BidaskClub lowered shares of Mercer International from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. CSFB lowered shares of Mercer International from an “outperform” rating to a “neutral” rating and set a $15.00 price objective on the stock. in a report on Friday, October 27th. Royal Bank of Canada upgraded shares of Mercer International from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $12.00 to $15.00 in a report on Wednesday, October 18th. Finally, Credit Suisse Group lowered shares of Mercer International from an “outperform” rating to a “neutral” rating in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $16.19.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC increased its position in Mercer International by 9.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 19,478 shares of the basic materials company’s stock worth $224,000 after purchasing an additional 1,654 shares in the last quarter. Renaissance Group LLC increased its position in Mercer International by 10.5% during the 3rd quarter. Renaissance Group LLC now owns 43,100 shares of the basic materials company’s stock worth $511,000 after purchasing an additional 4,087 shares in the last quarter. Nationwide Fund Advisors increased its position in Mercer International by 16.5% during the 2nd quarter. Nationwide Fund Advisors now owns 216,961 shares of the basic materials company’s stock worth $2,495,000 after purchasing an additional 30,661 shares in the last quarter. Bank of New York Mellon Corp increased its position in Mercer International by 11.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 240,556 shares of the basic materials company’s stock worth $2,767,000 after purchasing an additional 23,872 shares in the last quarter. Finally, Walthausen & Co. LLC increased its position in Mercer International by 8.1% during the 2nd quarter. Walthausen & Co. LLC now owns 1,051,619 shares of the basic materials company’s stock worth $12,094,000 after purchasing an additional 79,242 shares in the last quarter. 79.00% of the stock is owned by hedge funds and other institutional investors.

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About Mercer International

Mercer International Inc is a producer of northern bleached softwood kraft (NBSK) pulp, which is pulp that is sold on the open market. The Company also produces and sells tall oil, a by-product of its production process, which is used as both a chemical additive and as a green energy source. It produces and sells NBSK pulp, which is a bleached kraft pulp manufactured using northern softwood.

Insider Buying and Selling by Quarter for Mercer International (NASDAQ:MERC)

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