Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) insider Jimmy S. H. Lee sold 25,000 shares of the stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $14.20, for a total transaction of $355,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Mercer International Inc. (MERC) traded down $0.05 on Wednesday, reaching $14.10. 127,000 shares of the company’s stock traded hands, compared to its average volume of 192,866. The company has a current ratio of 3.58, a quick ratio of 2.44 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $916.74, a price-to-earnings ratio of 19.58 and a beta of 1.48. Mercer International Inc. has a 12 month low of $10.35 and a 12 month high of $15.00.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Shareholders of record on Wednesday, December 27th were issued a $0.125 dividend. The ex-dividend date was Tuesday, December 26th. This is a positive change from Mercer International’s previous quarterly dividend of $0.12. This represents a $0.50 annualized dividend and a yield of 3.55%. Mercer International’s dividend payout ratio (DPR) is 69.44%.

MERC has been the topic of several analyst reports. BidaskClub upgraded shares of Mercer International from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. CSFB lowered shares of Mercer International from an “outperform” rating to a “neutral” rating and set a $15.00 target price on the stock. in a report on Friday, October 27th. Credit Suisse Group lowered shares of Mercer International from an “outperform” rating to a “neutral” rating in a report on Thursday, October 26th. Finally, Royal Bank of Canada upgraded shares of Mercer International from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $12.00 to $15.00 in a report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Mercer International has an average rating of “Hold” and a consensus target price of $16.19.

Institutional investors and hedge funds have recently bought and sold shares of the business. Parametric Portfolio Associates LLC raised its holdings in Mercer International by 9.3% in the second 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 during the period. Renaissance Group LLC raised its holdings in Mercer International by 10.5% in the third 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 during the period. Nationwide Fund Advisors raised its holdings in Mercer International by 16.5% in the second 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 during the period. Bank of New York Mellon Corp raised its holdings in Mercer International by 11.0% in the second 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 during the period. Finally, Kennedy Capital Management Inc. raised its holdings in Mercer International by 14.1% in the second quarter. Kennedy Capital Management Inc. now owns 386,307 shares of the basic materials company’s stock worth $4,443,000 after purchasing an additional 47,623 shares during the period. Institutional investors own 79.00% of the company’s stock.

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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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