November 22, 2016 - By Marie Mckinney · 0 Comments
First Mid Illinois Bancshares Inc (NASDAQ:FMBH) institutional sentiment increased to 3.67 in 2016 Q2. Its up 0.67, from 3 in 2016Q1. The ratio is positive, as 27 institutional investors started new and increased stock positions, while 9 decreased and sold stakes in First Mid Illinois Bancshares Inc. The institutional investors in our partner’s database reported: 1.50 million shares, up from 1.16 million shares in 2016Q1. Also, the number of institutional investors holding First Mid Illinois Bancshares Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 4 Increased: 5 New Position: 22.
First Mid-Illinois Bancshares, Inc. is a financial holding company. The company has a market cap of $395.68 million. The Firm is engaged in the business of banking through its subsidiary, First Mid-Illinois Bank & Trust, N.A. . It has a 15.81 P/E ratio. It provides data processing services to affiliates through its subsidiary, Mid-Illinois Data Services, Inc.
About 190 shares traded hands. First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) has risen 22.20% since April 20, 2016 and is uptrending. It has outperformed by 17.64% the S&P500.
According to Zacks Investment Research, “First Mid-Illinois Bancshares, Inc. is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.A. It operates in three lines of business: community banking and wealth management through First Mid Bank, and insurance brokerage through First Mid Insurance Group. The company’s deposit products include demand, savings, money market, and time deposits, as well as NOW accounts. Its loan portfolio primarily comprise commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans. The company also offers estate planning, investment, and farm management services; and employee benefit services. In addition, it provides commercial lines insurance to businesses; and homeowner, automobile, and other types of personal lines insurance to individuals. First Mid-Illinois Bancshares, Inc is headquartered in Mattoon, Illinois.”
Jcsd Capital Llc holds 3.91% of its portfolio in First Mid-Illinois Bancshares, Inc. for 142,292 shares. Jacobs Asset Management Llc owns 113,376 shares or 0.85% of their US portfolio. Moreover, Fj Capital Management Llc has 0.54% invested in the company for 110,000 shares. The Illinois-based Allstate Corp has invested 0.37% in the stock. Endeavour Capital Advisors Inc, a Connecticut-based fund reported 88,095 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 11 buys, and 4 insider sales for $475,657 net activity.
First Mid-Illinois Bancshares, Inc., incorporated on September 8, 1981, is a financial holding company. The Firm is engaged in the business of banking through its subsidiary, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank). The Firm provides data processing services to affiliates through its subsidiary, Mid-Illinois Data Services, Inc. (MIDS). The Firm offers insurance services and products to clients through its subsidiary, The Checkley Agency, Inc., doing business as, First Mid Insurance Group (First Mid Insurance). The Firm also approximately two statutory business trusts, First Mid-Illinois Statutory Trust I (Trust I) and First Mid-Illinois Statutory Trust II (Trust II).
Another recent and important First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) news was published by Marketwatch.com which published an article titled: “First Mid-Illinois Bancshares Inc.” on May 17, 2011.
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By Marie Mckinney