Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) insider Jimmy S. H. Lee sold 25,000 shares of the business’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $14.46, for a total transaction of $361,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Mercer International Inc. (MERC) traded down $0.15 during midday trading on Thursday, hitting $14.40. 119,611 shares of the company’s stock traded hands, compared to its average volume of 156,392. The stock has a market cap of $936.25, a price-to-earnings ratio of 20.00 and a beta of 1.48. Mercer International Inc. has a 52 week low of $10.45 and a 52 week high of $15.00. The company has a quick ratio of 2.44, a current ratio of 3.58 and a debt-to-equity ratio of 1.40.

Mercer International (NASDAQ:MERC) (TSE:MRI.U) last released its quarterly earnings data on Thursday, October 26th. The basic materials company reported $0.32 EPS for the quarter. Mercer International had a net margin of 4.49% and a return on equity of 13.50%.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Wednesday, December 27th were given a $0.125 dividend. The ex-dividend date of this dividend 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 dividend yield of 3.47%. Mercer International’s payout ratio is currently 69.44%.

Institutional investors have recently added to or reduced their stakes in the stock. Walthausen & Co. LLC boosted its position in shares of Mercer International by 8.1% in the 2nd quarter. Walthausen & Co. LLC now owns 1,051,619 shares of the basic materials company’s stock worth $12,094,000 after buying an additional 79,242 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Mercer International by 16.5% in the 2nd quarter. Nationwide Fund Advisors now owns 216,961 shares of the basic materials company’s stock worth $2,495,000 after buying an additional 30,661 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Mercer International by 11.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 240,556 shares of the basic materials company’s stock worth $2,767,000 after buying an additional 23,872 shares in the last quarter. Renaissance Group LLC boosted its position in shares of Mercer International by 10.5% in the 3rd quarter. Renaissance Group LLC now owns 43,100 shares of the basic materials company’s stock worth $511,000 after buying an additional 4,087 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in shares of Mercer International by 9.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 19,478 shares of the basic materials company’s stock worth $224,000 after buying an additional 1,654 shares in the last quarter. Institutional investors and hedge funds own 79.00% of the company’s stock.

Several brokerages have commented on MERC. BidaskClub lowered shares of Mercer International from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Royal Bank of Canada upgraded shares of Mercer International from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $12.00 to $15.00 in a research report on Wednesday, October 18th. 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 research report on Friday, October 27th. Finally, Credit Suisse Group lowered shares of Mercer International from an “outperform” rating to a “neutral” rating in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $16.19.

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Mercer International Company Profile

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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