--- title: "Jane Street Group LLC Sells 19,232 Shares of 1st Source Co. (NASDAQ:SRCE)" description: "Jane Street Group LLC has reduced its stake in 1st Source Co. (NASDAQ:SRCE) by 54.7%, selling 19,232 shares during the fourth quarter, leaving it with 15,937 shares valued at $930,000. Other instituti" type: "news" locale: "en" url: "https://longbridge.com/en/news/241730870.md" published_at: "2025-05-25T07:08:22.000Z" --- # Jane Street Group LLC Sells 19,232 Shares of 1st Source Co. (NASDAQ:SRCE) > Jane Street Group LLC has reduced its stake in 1st Source Co. (NASDAQ:SRCE) by 54.7%, selling 19,232 shares during the fourth quarter, leaving it with 15,937 shares valued at $930,000. Other institutional investors have also adjusted their positions, with PDT Partners LLC increasing its stake by 31.9%. 1st Source recently reported a quarterly EPS of $1.52, exceeding estimates, and announced a dividend increase to $0.38 per share. The stock is currently trading at $60.53, with a market cap of $1.49 billion and a dividend yield of 2.51%. Jane Street Group LLC reduced its position in 1st Source Co. (NASDAQ:SRCE - Free Report) by 54.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 15,937 shares of the financial services provider's stock after selling 19,232 shares during the period. Jane Street Group LLC owned 0.07% of 1st Source worth $930,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. PDT Partners LLC raised its stake in 1st Source by 31.9% in the 4th quarter. PDT Partners LLC now owns 8,741 shares of the financial services provider's stock valued at $510,000 after acquiring an additional 2,114 shares during the period. Northern Trust Corp raised its stake in 1st Source by 5.2% in the 4th quarter. Northern Trust Corp now owns 184,434 shares of the financial services provider's stock valued at $10,767,000 after acquiring an additional 9,165 shares during the period. Tudor Investment Corp ET AL raised its stake in 1st Source by 23.0% in the 4th quarter. Tudor Investment Corp ET AL now owns 57,695 shares of the financial services provider's stock valued at $3,368,000 after acquiring an additional 10,803 shares during the period. Aquatic Capital Management LLC increased its position in shares of 1st Source by 14.3% during the fourth quarter. Aquatic Capital Management LLC now owns 2,515 shares of the financial services provider's stock valued at $147,000 after buying an additional 315 shares during the period. Finally, Oberweis Asset Management Inc. increased its position in shares of 1st Source by 2.4% during the fourth quarter. Oberweis Asset Management Inc. now owns 73,500 shares of the financial services provider's stock valued at $4,291,000 after buying an additional 1,700 shares during the period. 74.45% of the stock is currently owned by institutional investors. ## 1st Source Trading Down 1.0% Shares of SRCE opened at $60.53 on Friday. 1st Source Co. has a twelve month low of $48.97 and a twelve month high of $68.13. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.49 billion, a PE ratio of 11.29 and a beta of 0.69. The business's 50-day moving average price is $58.99 and its 200-day moving average price is $61.20. 1st Source (NASDAQ:SRCE - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.52 EPS for the quarter, topping the consensus estimate of $1.36 by $0.16. 1st Source had a return on equity of 11.92% and a net margin of 23.10%. The company had revenue of $104.04 million during the quarter, compared to analyst estimates of $100.97 million. On average, equities analysts forecast that 1st Source Co. will post 5.82 EPS for the current fiscal year. ## 1st Source Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a dividend of $0.38 per share. This is a positive change from 1st Source's previous quarterly dividend of $0.36. The ex-dividend date was Monday, May 5th. This represents a $1.52 annualized dividend and a dividend yield of 2.51%. 1st Source's payout ratio is presently 26.71%. ## Analyst Ratings Changes Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of 1st Source in a research report on Saturday, May 10th. Keefe, Bruyette & Woods upped their price target on 1st Source from $67.00 to $69.00 and gave the company a "market perform" rating in a research report on Monday, January 27th. Finally, Piper Sandler upped their price target on 1st Source from $72.50 to $75.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. **View Our Latest Research Report on SRCE** ## About 1st Source (Free Report) 1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. ## Further Reading - Five stocks we like better than 1st Source - What Are Dividend Contenders? Investing in Dividend Contenders - Turbulence for Joby Shares: What's Behind the Recent Dip? - Learn Technical Analysis Skills to Master the Stock Market - Why Carnival Could Be the Ultimate Non-Tech Growth Stock - What Investors Must Know About Over-the-Counter (OTC) Stocks - Super Micro Computer Stock Clears New Path Higher on Saudi Orders *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in 1st Source Right Now? Before you consider 1st Source, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and 1st Source wasn't on the list. While 1st Source currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [SRCE.US - 1st Source](https://longbridge.com/en/quote/SRCE.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 每千次展示 60 美元！OpenAI 用高价拉开 “AI 广告” 大幕 | 为应对 AI 巨额开支，OpenAI 正式测试广告，CPM60 美元起步、最低投入 20 万美元，定位高端渠道，直接挑战谷歌万亿美元市场，WPP 等顶级代理已率先合作。但转型风险并存：需平衡用户信任，承诺不用私聊数据；对手 Anthropi | [Link](https://longbridge.com/en/news/275993077.md) | | 领先汽车配件的沉重债务负担加剧了流动性、再融资以及业务扭转的风险 | Advance Auto Parts Inc (AAP) 正面临重大财务风险，主要由于其沉重的债务负担，这可能限制流动性和融资渠道。这种情况可能迫使更多现金流用于偿债，而非投资，从而增加对经济衰退和潜在契约违约的脆弱性。在严峻的信贷环境中， | [Link](https://longbridge.com/en/news/275997122.md) | | 伊本·阿尔·海赛姆医院全年收入为 301,281 第纳尔 | 伊本·海瑟姆医院公司 PSC (IBNH.AM)：伊本·海瑟姆医院财年税后净收入为 301,281 第纳尔；伊本·海瑟姆医院财年收入为 1210 万第纳尔 | [Link](https://longbridge.com/en/news/275996849.md) | | 新濠博亚娱乐（MLCO）在恢复季度盈利并获得创纪录的五星奖项后股价下跌 12.9% | 新濠博亚娱乐报告了 2025 年第四季度的收入为 12.9 亿美元，扭亏为盈，实现了 6064 万美元的利润，主要得益于澳门和塞浦路斯的强劲博彩表现。该公司还获得了创纪录的 19 项福布斯旅游指南五星奖，突显其在高端市场的定位。尽管财务表现 | [Link](https://longbridge.com/en/news/276002958.md) | | 华尔街对 AtaiBeckley（ATAI）持乐观态度，原因如下 | 华尔街对 AtaiBeckley Inc.（纳斯达克代码：ATAI）持乐观态度，认为其是一个潜力巨大的低价股，预计上涨空间超过 202%。H.C. Wainwright 的分析师 Patrick Trucchio 重新确认了该股票的买入评级 | [Link](https://longbridge.com/en/news/276000823.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.