Nicolet Bankshares, Inc. (NYSE:NIC) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. grew its position in Nicolet Bankshares, Inc. (NYSE:NIC) by 11.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,804 shares of the company’s stock after buying an additional 2,468 shares during the quarter. American Century Companies Inc. owned 0.17% of Nicolet Bankshares worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of NIC. Janus Henderson Group PLC boosted its holdings in Nicolet Bankshares by 2,480.2% in the first quarter. Janus Henderson Group PLC now owns 163,919 shares of the company’s stock valued at $14,094,000 after purchasing an additional 157,566 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Nicolet Bankshares by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 101,665 shares of the company’s stock worth $8,182,000 after buying an additional 2,036 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Nicolet Bankshares by 6.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 65,982 shares of the company’s stock worth $5,479,000 after buying an additional 4,007 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Nicolet Bankshares by 9.9% during the 2nd quarter. Principal Financial Group Inc. now owns 6,167 shares of the company’s stock worth $512,000 after buying an additional 555 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Nicolet Bankshares by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,262 shares of the company’s stock worth $883,000 after buying an additional 469 shares during the last quarter. 43.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Nicolet Bankshares

In other Nicolet Bankshares news, EVP Eric James Witczak sold 15,000 shares of the company’s stock in a transaction dated Friday, July 19th. The shares were sold at an average price of $97.18, for a total value of $1,457,700.00. Following the completion of the transaction, the executive vice president now directly owns 26,498 shares of the company’s stock, valued at approximately $2,575,075.64. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Nicolet Bankshares news, EVP Brad Vincent Hutjens sold 10,000 shares of the firm’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $99.00, for a total value of $990,000.00. Following the transaction, the executive vice president now owns 26,642 shares of the company’s stock, valued at $2,637,558. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Eric James Witczak sold 15,000 shares of the firm’s stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $97.18, for a total transaction of $1,457,700.00. Following the completion of the transaction, the executive vice president now directly owns 26,498 shares in the company, valued at approximately $2,575,075.64. The disclosure for this sale can be found here. Insiders sold a total of 38,003 shares of company stock valued at $3,727,087 in the last ninety days. Insiders own 16.40% of the company’s stock.

Nicolet Bankshares Trading Up 0.1 %

Shares of Nicolet Bankshares stock opened at $94.43 on Friday. Nicolet Bankshares, Inc. has a fifty-two week low of $63.58 and a fifty-two week high of $104.58. The firm has a market cap of $1.41 billion, a PE ratio of 14.55 and a beta of 0.76. The business’s fifty day moving average is $95.26 and its two-hundred day moving average is $86.33. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.15.

Nicolet Bankshares (NYSE:NIC) last released its quarterly earnings data on Tuesday, July 16th. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.18. The business had revenue of $85.43 million during the quarter, compared to the consensus estimate of $81.40 million. Nicolet Bankshares had a return on equity of 10.20% and a net margin of 21.13%. Analysts anticipate that Nicolet Bankshares, Inc. will post 7.3 earnings per share for the current year.

Nicolet Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd were given a $0.28 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.12 dividend on an annualized basis and a yield of 1.19%. Nicolet Bankshares’s payout ratio is currently 17.26%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on NIC shares. Piper Sandler lifted their price target on Nicolet Bankshares from $86.00 to $104.00 and gave the stock a “neutral” rating in a report on Wednesday, July 17th. Stephens lifted their target price on Nicolet Bankshares from $90.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 18th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Nicolet Bankshares presently has a consensus rating of “Hold” and an average price target of $100.00.

Nicolet Bankshares Profile

Nicolet Bankshares, Inc operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.