Dzeko, who has been a key figure for Dortmund since joining the club in 2019, has been in fine form this season, scoring crucial goals and providing important assists. His impressive performances have caught the attention of top clubs in Europe, with many viewing him as a valuable addition to their squads.PHOENIX--(BUSINESS WIRE)--Nov 21, 2024-- The Board of Directors of Cable One, Inc. (NYSE: CABO) today declared a quarterly cash dividend of $2.95 per share. The dividend is payable on December 20, 2024 to stockholders of record at the close of business on December 3, 2024. About Cable One Cable One, Inc. (NYSE:CABO) is a leading broadband communications provider delivering exceptional service and enabling more than 1 million residential and business customers across 24 states to thrive and stay connected to what matters most. Through Sparklight ® and the associated Cable One family of brands, we're not just shaping the future of connectivity–we're transforming it with a commitment to innovation, reliability and customer experience at our core. Our robust infrastructure and cutting-edge technology don’t just keep our customers connected; they help drive progress in education, business and everyday life. We’re dedicated to bridging the digital divide, empowering our communities and fostering a more connected world. When our customers choose Cable One, they are choosing a team that is always working for them–one that believes in the relentless pursuit of reliability, because being a trusted neighbor isn’t just what we do–it’s who we are. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121487721/en/ CONTACT: Trish Niemann Vice President, Communications Strategy patricia.niemann@cableone.bizTodd Koetje CFO investor_relations@cableone.biz KEYWORD: UNITED STATES NORTH AMERICA ARIZONA INDUSTRY KEYWORD: NETWORKS INTERNET MOBILE/WIRELESS TECHNOLOGY TELECOMMUNICATIONS SOURCE: Cable One, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:30 PM/DISC: 11/21/2024 04:30 PM http://www.businesswire.com/news/home/20241121487721/en
Sanctuary Advisors LLC decreased its position in iShares MSCI China ETF ( NASDAQ:MCHI – Free Report ) by 91.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,330 shares of the company’s stock after selling 74,123 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares MSCI China ETF were worth $341,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company. Meitav Investment House Ltd. lifted its holdings in iShares MSCI China ETF by 1.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 2,910,106 shares of the company’s stock worth $142,225,000 after buying an additional 48,240 shares in the last quarter. Elo Mutual Pension Insurance Co increased its position in shares of iShares MSCI China ETF by 30.4% during the second quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock worth $45,656,000 after acquiring an additional 252,156 shares during the last quarter. TT International Asset Management LTD acquired a new position in shares of iShares MSCI China ETF in the third quarter worth about $35,807,000. Angeles Investment Advisors LLC lifted its stake in shares of iShares MSCI China ETF by 104.7% in the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock worth $30,750,000 after acquiring an additional 309,000 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in iShares MSCI China ETF by 4.3% in the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock valued at $18,136,000 after purchasing an additional 14,546 shares during the last quarter. iShares MSCI China ETF Price Performance NASDAQ MCHI opened at $47.47 on Friday. The company’s fifty day moving average price is $48.40 and its two-hundred day moving average price is $45.58. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $59.78. iShares MSCI China ETF Dividend Announcement About iShares MSCI China ETF ( Free Report ) iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets. See Also Five stocks we like better than iShares MSCI China ETF The Role Economic Reports Play in a Successful Investment Strategy S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains 3 Warren Buffett Stocks to Buy Now How AI Implementation Could Help MongoDB Roar Back in 2025 Most active stocks: Dollar volume vs share volume Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? Receive News & Ratings for iShares MSCI China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI China ETF and related companies with MarketBeat.com's FREE daily email newsletter .Even though the core of Manchester United's last Premier League-winning squad has moved on from playing, their contributions and legacy continue to be revered by fans and the footballing community. The evolution of the sport ensures that new stars emerge and take up the mantle, but the memories of that title-winning team will forever hold a special place in the hearts of Manchester United supporters.Geode Capital Management LLC boosted its stake in shares of WK Kellogg Co ( NYSE:KLG – Free Report ) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,507,713 shares of the company’s stock after purchasing an additional 38,939 shares during the period. Geode Capital Management LLC’s holdings in WK Kellogg were worth $25,802,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royce & Associates LP grew its stake in shares of WK Kellogg by 199.8% during the 3rd quarter. Royce & Associates LP now owns 71,987 shares of the company’s stock valued at $1,232,000 after purchasing an additional 47,973 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of WK Kellogg by 7.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,112,558 shares of the company’s stock worth $19,036,000 after buying an additional 79,808 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of WK Kellogg by 12,352.1% in the third quarter. Captrust Financial Advisors now owns 1,516,417 shares of the company’s stock worth $25,946,000 after buying an additional 1,504,239 shares during the last quarter. Seven Eight Capital LP bought a new stake in WK Kellogg during the second quarter valued at approximately $577,000. Finally, Atlas Financial Advisors Inc. purchased a new stake in WK Kellogg during the third quarter valued at approximately $818,000. Hedge funds and other institutional investors own 95.74% of the company’s stock. Analysts Set New Price Targets Separately, Barclays lifted their price target on shares of WK Kellogg from $16.00 to $19.00 and gave the stock an “underweight” rating in a research note on Monday, November 11th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $19.71. Insider Transactions at WK Kellogg In related news, Director G Zachary Gund acquired 65,000 shares of WK Kellogg stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of $17.76 per share, for a total transaction of $1,154,400.00. Following the completion of the transaction, the director now directly owns 195,000 shares in the company, valued at approximately $3,463,200. This represents a 50.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 0.90% of the company’s stock. WK Kellogg Trading Down 1.8 % WK Kellogg stock opened at $17.88 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.34 and a debt-to-equity ratio of 1.49. WK Kellogg Co has a 12-month low of $12.32 and a 12-month high of $24.63. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.92 and a beta of 0.07. The firm has a 50 day moving average of $18.66 and a 200 day moving average of $17.72. WK Kellogg ( NYSE:KLG – Get Free Report ) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. WK Kellogg had a net margin of 2.50% and a return on equity of 33.41%. The firm had revenue of $689.00 million during the quarter, compared to analysts’ expectations of $674.10 million. During the same period in the prior year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, research analysts predict that WK Kellogg Co will post 1.49 earnings per share for the current year. WK Kellogg Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.16 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.64 annualized dividend and a dividend yield of 3.58%. WK Kellogg’s payout ratio is 82.05%. WK Kellogg Company Profile ( Free Report ) WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co and changed its name to WK Kellogg Co in March 2023. Featured Stories Want to see what other hedge funds are holding KLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WK Kellogg Co ( NYSE:KLG – Free Report ). Receive News & Ratings for WK Kellogg Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WK Kellogg and related companies with MarketBeat.com's FREE daily email newsletter .In the NBA world, the spotlight is often shining on the star players who light up the court with their remarkable performances. However, sometimes, it's not just about individual brilliance but also about team chemistry and sacrifice. Recently, a hot topic in the basketball community has been the impressive 104-point scoring blitz by the Denver Nuggets in just 48 hours. While many may see this as an incredible achievement, veteran point guard Monte Morris has raised concerns about the over-reliance on scoring, pointing fingers at his teammates Nikola Jokic, Jamal Murray, and Michael Porter Jr.
The area in question, located in Fengtai District, is a prime location for residential development. Surrounded by natural landscapes and with convenient access to transportation networks, this land parcel is seen as a highly desirable site for potential investors. With the starting price set at 4 billion yuan, it has already attracted considerable attention from both local and international developers.ORCHARD PARK, N.Y. (AP) — Josh Allen threw two touchdown passes and ran for another score, and the Buffalo Bills clinched the AFC’s No. 2 seed with a 40-14 rout of the unraveling and undisciplined New York Jets on Sunday. The Bills put the game away by capitalizing on two Jets turnovers and scoring three touchdowns over a 5:01 span in the closing minutes of the third quarter. Buffalo’s defense forced three takeaways overall and sacked Aaron Rodgers four times, including a 2-yard loss for a safety in the second quarter. Allen had a short and efficient outing, finishing 16 of 27 for 182 yards with a 30-yard TD pass to Amari Cooper and a 14-yarder to Keon Coleman before giving way to backup Mitchell Trubisky with Buffalo leading 33-0 through three quarters. And Trubisky piled on by completing a 69-yard touchdown pass to practice squad call-up Tyrell Shavers 2:23 into the fourth quarter. Allen’s two-TD passing outing was the 64th of his career to match Peyton Manning for the third most in a player’s first seven NFL seasons. Patrick Mahomes holds the record with 67 two-TD outings in that span, followed by Dan Marino’s 65. Allen also became the NFL’s first player with five consecutive 40-TD seasons, while his 1-yard score was the 65th rushing TD of his career, matching the team record held by Thurman Thomas. The five-time defending AFC East champion Bills improved to 13-3 to match a franchise single-season record, and will open the playoffs hosting the conference’s seventh-seeded team in two weeks. The outing was a meltdown for Rodgers and the Jets (4-12), who will finish with five or fewer wins for the seventh time over a 14-season playoff drought — the NFL’s longest active streak. Rodgers, who entered the game with 499 career TD passes and looking to become just the fifth player to reach 500, instead was shut out and replaced by Tyrod Taylor with 12:37 remaining. Discipline was an issue for a Jets team that fell to 2-9 since Jeff Ulbrich took over as interim coach. New York finished with 16 accepted penalties for 120 yards. Taylor accounted for New York’s only points with a 9-yard TD pass to Garrett Wilson and a 20-yarder to Tyler Conklin in a game played in blustery, unseasonably warm conditions, with temperatures in the mid-50s Farenheit (10 Celsius) and winds gusting up to 35 mph (56 kmph). Rodgers finished 12 of 18 for 112 yards with two interceptions after entering the game having thrown only one in his past eight outings. He was also sacked four times, pushing his career total to 568, moving ahead of Tom Brady (565) and into first place on the NFL list. The outing became a comedy of errors for the Jets. Trailing 7-0 after Allen’s 1-yard run, New York’s three possession of the first half ended with turning the ball over on downs Buffalo’s 24; Rodgers being intercepted at his own 17 by defensive tackle Jordan Phillips ; and being sacked for a safety by A.J. Epenesa. The bottom fell out to close the third quarter when Rodgers’ being intercepted by Christian Benford led to Cooper’s leaping TD grab put Buffalo up 19-0. James Cook scored on a 1-yard run on Buffalo’s next possession with 1:15 left, and Coleman’s touchdown with 12 seconds left in the third was set up after Wilson lost a fumble. The Bills finished their third season with a perfect record, and first since 1990, by going 8-0 at home. They've won 11 straight regular-season home games dating to last season since dropping a 24-22 decision to Denver on Nov. 13. Jets CB Sauce Gardner aggravated a hamstring injury in the first half and was ruled out in the third quarter. Jets: Close the season hosting the Miami Dolphins. Bills: Play their regular-season finale at the New England Patriots. AP NFL: https://apnews.com/hub/nfl2024 Rental Housing Market Overview: Which Cities Experienced Rent Decreases?
LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.’’ Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racingPISCATAWAY, N.J. (AP) — Trailing by one at the 40-yard line with 14 seconds to play and no timeouts, Illinois coach Bret Bielema sent in a play known as “church” to Luke Altmyer. The quarterback was to hit a receiver who was to go to the ground immediately. The offense would rush to the line of scrimmage and Altmyer would spike the ball to set up a potential winning field goal. Pat Bryant caught the pass at the 22 and then called his own split-second audible. Seeing a path to the end zone, the star receiver ran across the field on the way to the winning touchdown with 4 seconds left, sending the Illini to a wild 38-31 victory over Rutgers on Saturday. “Coach called a perfect play," Bryant said. "A play we run all the time in our two-minute drill. I caught the ball and saw the sideline and saw nobody was over there. I had one guy to beat. I gave him a little move. I heard everybody jump and say ’Get out, get out,' but I put trust in myself and scored a touchdown.” Bryant's ninth TD reception of the season capped a roller-coaster finish to a Big Ten game that featured three lead changes in the final 3:07. Illinois (8-3, 5-3) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal. Rutgers coach Greg Schiano called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Bielema sent his offense back on the field. “Pat is so aware of his surroundings," Bielema said after Bryant finished with seven catches for a career-high 197 yards. “He saw that corner and took off.” Schiano didn't second-guess his timeout but said he should have called it well before Moczulski kicked. “They made one more play than we did,” Schiano said. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. He put Illinois in front with a 30-yard TD run with 3:07 to go. He passed to Josh McCray on the 2-point conversion, making it 30-24. Rutgers responded with a 10-play, 65-yard drive. Athan Kaliakmanis had a 15-yard run on fourth down. He passed to running back Kyle Monangai for a 13-yard TD with 1:08 remaining. Illinois then drove 75 yards in eight plays for the win. “That's big-time football,” Monangai said. "They made a great play at the end of the game. I think we we played our hearts out to the end, to the very end, even that last play. Illinois did the same. They’re a great team. The chips fell their way today.” Story continues below video Kaliakmanis was 18 for 36 for 174 yards and two touchdowns. He also had 13 carries for 84 yards and two TDs. Monangai had a career-high 28 carries for 122 yards. Kaliakmanis found Ian Strong for a 2-yard touchdown in the final seconds of the first half, and he scored on a 1-yard run to lift Rutgers to a 24-15 lead early in the fourth quarter. Illinois responded with Aidan Laughery’s 8-yard TD run, setting the stage for the dramatic finish. The start of the second half was delayed because of a scrum between the teams. There were no punches thrown and the officials called penalties on both schools. Monangai become the third player in Rutgers history to rush for 3,000 yards when he picked up 4 on a third-and-1 carry early in the second quarter. The defending conference rushing champion joins Ray Rice and Terrell Willis in hitting the mark. Illinois: The great finish keeps the Illini in line for its first nine-win season since 2007 and a prestigious bowl game this season. Rutgers: The Scarlet Knights were seconds away from their first in-conference three-game win streak since joining the Big Ten in 2014. Illinois: At Northwestern next Saturday. Rutgers: At Michigan State next Saturday. AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll
Farmers flock to Khanauri border as Dallewal’s hunger strike begins on Tuesday
Bills clinch the AFC's No. 2 seed with a 40-14 rout of the undisciplined JetsIn the rapidly evolving landscape of artificial intelligence (AI) technology, NVIDIA is at the forefront of innovation, consistently pushing the boundaries of what is possible. With a vision that extends well into the future, NVIDIA is setting the stage for the next generation of AI accelerators that promise unprecedented levels of performance and efficiency. Among the key advancements on the horizon are the integration of silicon photonics I/O and 3D vertical stack DRAM memory, which are poised to revolutionize the way AI workloads are processed and accelerated.
As the inauguration of President-elect Trump draws near, the scientific community is gearing up for a potential showdown with the incoming administration over issues of critical importance such as climate change, public health, and technological innovation. The unity shown by the 77 Nobel laureates serves as a powerful reminder that science transcends political divides and must be at the forefront of shaping policies that affect the wellbeing of our society and planet.Franklin Resources Inc. raised its holdings in Merchants Bancorp ( NASDAQ:MBIN – Free Report ) by 85.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 33,338 shares of the company’s stock after acquiring an additional 15,342 shares during the period. Franklin Resources Inc.’s holdings in Merchants Bancorp were worth $1,504,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in Merchants Bancorp by 0.8% in the 2nd quarter. Raymond James & Associates now owns 55,365 shares of the company’s stock worth $2,244,000 after buying an additional 414 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Merchants Bancorp by 75.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 142,553 shares of the company’s stock worth $5,779,000 after acquiring an additional 61,292 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Merchants Bancorp by 79.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,755 shares of the company’s stock valued at $193,000 after purchasing an additional 2,101 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Merchants Bancorp by 11.7% during the 2nd quarter. Principal Financial Group Inc. now owns 15,108 shares of the company’s stock valued at $612,000 after purchasing an additional 1,580 shares during the period. Finally, nVerses Capital LLC lifted its holdings in Merchants Bancorp by 650.0% during the 2nd quarter. nVerses Capital LLC now owns 1,500 shares of the company’s stock worth $61,000 after purchasing an additional 1,300 shares in the last quarter. Institutional investors own 24.57% of the company’s stock. Analyst Ratings Changes MBIN has been the subject of several analyst reports. Morgan Stanley started coverage on Merchants Bancorp in a research note on Monday, September 9th. They issued an “equal weight” rating and a $54.00 target price for the company. Raymond James cut their price objective on shares of Merchants Bancorp from $58.00 to $55.00 and set an “outperform” rating for the company in a research report on Tuesday, October 29th. Finally, Piper Sandler upped their target price on shares of Merchants Bancorp from $48.00 to $52.50 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. Merchants Bancorp Price Performance NASDAQ:MBIN opened at $36.34 on Friday. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 6.02 and a beta of 1.13. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.85 and a current ratio of 1.15. The stock has a fifty day moving average of $39.40 and a 200 day moving average of $42.20. Merchants Bancorp has a 52-week low of $35.56 and a 52-week high of $53.27. Merchants Bancorp ( NASDAQ:MBIN – Get Free Report ) last issued its quarterly earnings results on Monday, October 28th. The company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.25). The business had revenue of $355.67 million for the quarter, compared to the consensus estimate of $156.13 million. Merchants Bancorp had a net margin of 21.33% and a return on equity of 22.36%. During the same quarter last year, the business posted $1.68 EPS. On average, research analysts expect that Merchants Bancorp will post 5.74 EPS for the current fiscal year. Merchants Bancorp Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be paid a $0.09 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.36 dividend on an annualized basis and a yield of 0.99%. Merchants Bancorp’s dividend payout ratio is presently 5.96%. Insider Transactions at Merchants Bancorp In other news, Director Patrick D. O’brien acquired 40,000 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was purchased at an average cost of $25.00 per share, for a total transaction of $1,000,000.00. Following the acquisition, the director now owns 40,000 shares of the company’s stock, valued at $1,000,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . Insiders own 39.70% of the company’s stock. About Merchants Bancorp ( Free Report ) Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. See Also Want to see what other hedge funds are holding MBIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Merchants Bancorp ( NASDAQ:MBIN – Free Report ). Receive News & Ratings for Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .