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Institutional Investors Buy More 1st Source Shares; EPS Tops Estimates

1st Source logo1st Source
Sig1.17Sen+2.42Env0.00Soc0.00Gov0.00

An institutional investor acquired 16,125 shares of 1st Source for about $1,315,000, adding to larger disclosed holdings by Millennium Management, UBS Asset Management and others. 1st Source reported quarterly EPS of $1.95, above analysts’ $1.71 estimate, and paid a $0.45 dividend, with a 27.61% payout ratio. Multiple analysts raised price targets.

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