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Piper Sandler has maintained an Overweight rating on First Busey Corporation – Preferred Stock (NasdaqGS:BUSEP) as of October 31, 2025. The average one-year price target for the stock is $30.11 per share, indicating a potential 17.39% upside from its latest closing price of $25.65 per share.
As of October 30, 2025, there has been a significant increase in institutional ownership, with 15 funds holding shares, up 275% from the previous quarter. Total shares owned by institutions rose 336.06% to 2,038,000 shares, with an average portfolio weight of 0.42%, an increase of 158.60%.
Prominent shareholders include Virtus InfraCap U.S. Preferred Stock ETF with 783,000 shares and John Hancock Tax-advantaged Dividend Income Fund holding 260,000 shares.
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