American Century Companies Inc. Buys 2,984 Shares of Nicolet Bankshares, Inc. (NYSE:NIC)

American Century Companies Inc. boosted its holdings in Nicolet Bankshares, Inc. (NYSE:NIC - Free Report) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,576 shares of the company's stock after buying an additional 2,984 shares during the period. American Century Companies Inc. owned approximately 0.21% of Nicolet Bankshares worth $3,313,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NIC. State Street Corp lifted its stake in shares of Nicolet Bankshares by 3.7% in the third quarter. State Street Corp now owns 381,755 shares of the company's stock valued at $36,507,000 after buying an additional 13,772 shares during the period. Geode Capital Management LLC raised its holdings in Nicolet Bankshares by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 303,391 shares of the company's stock valued at $29,019,000 after acquiring an additional 4,911 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Nicolet Bankshares by 9.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 127,925 shares of the company's stock worth $13,421,000 after acquiring an additional 11,516 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Nicolet Bankshares by 1.7% during the 4th quarter. Bank of New York Mellon Corp now owns 58,247 shares of the company's stock worth $6,111,000 after purchasing an additional 950 shares in the last quarter. Finally, Merit Financial Group LLC increased its position in shares of Nicolet Bankshares by 1.7% during the fourth quarter. Merit Financial Group LLC now owns 34,543 shares of the company's stock valued at $3,624,000 after purchasing an additional 592 shares during the period. 43.06% of the stock is currently owned by institutional investors and hedge funds.

Nicolet Bankshares Price Performance

Shares of Nicolet Bankshares stock traded up $1.07 during midday trading on Friday, hitting $101.87. 62,691 shares of the company were exchanged, compared to its average volume of 51,958. The firm has a 50 day simple moving average of $112.89 and a 200-day simple moving average of $108.24. Nicolet Bankshares, Inc. has a 52 week low of $75.24 and a 52 week high of $121.52. The firm has a market cap of $1.55 billion, a P/E ratio of 12.69 and a beta of 0.69. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.96 and a quick ratio of 0.96.

Nicolet Bankshares (NYSE:NIC - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $2.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.94 by $0.23. Nicolet Bankshares had a return on equity of 10.95% and a net margin of 23.83%. Research analysts forecast that Nicolet Bankshares, Inc. will post 8.18 earnings per share for the current year.

Nicolet Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Monday, March 10th. Nicolet Bankshares's payout ratio is presently 13.95%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Maxim Group raised their target price on Nicolet Bankshares from $124.00 to $131.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Piper Sandler increased their price objective on shares of Nicolet Bankshares from $119.00 to $120.00 and gave the company a "neutral" rating in a research note on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Nicolet Bankshares from $110.00 to $115.00 and gave the company a "market perform" rating in a research report on Thursday, January 23rd.

Insider Activity

In related news, Director Robert Bruce Atwell sold 3,975 shares of Nicolet Bankshares stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $118.08, for a total transaction of $469,368.00. Following the completion of the sale, the director now directly owns 30,317 shares of the company's stock, valued at $3,579,831.36. The trade was a 11.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Susan L. Merkatoris sold 1,000 shares of the company's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $111.27, for a total value of $111,270.00. Following the completion of the sale, the director now directly owns 82,218 shares of the company's stock, valued at approximately $9,148,396.86. This trade represents a 1.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,527 shares of company stock worth $996,674. 16.40% of the stock is owned by corporate insiders.

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.