Jerry Dean Mcvicker Sells 1,621 Shares of MutualFirst Financial Inc. (MFSF) Stock

MutualFirst Financial Inc. (NASDAQ:MFSF) Director Jerry Dean Mcvicker sold 1,621 shares of MutualFirst Financial stock in a transaction on Monday, December 18th. The stock was sold at an average price of $39.25, for a total transaction of $63,624.25. Following the transaction, the director now owns 36,550 shares in the company, valued at approximately $1,434,587.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Jerry Dean Mcvicker also recently made the following trade(s):

  • On Thursday, November 30th, Jerry Dean Mcvicker sold 3,870 shares of MutualFirst Financial stock. The stock was sold at an average price of $39.25, for a total transaction of $151,897.50.
  • On Friday, October 27th, Jerry Dean Mcvicker sold 3,599 shares of MutualFirst Financial stock. The stock was sold at an average price of $40.03, for a total transaction of $144,067.97.

Shares of MutualFirst Financial Inc. (NASDAQ MFSF) remained flat at $$38.40 during mid-day trading on Friday. 3,879 shares of the company’s stock traded hands, compared to its average volume of 8,489. The stock has a market capitalization of $283.75, a P/E ratio of 20.43, a P/E/G ratio of 3.42 and a beta of 0.33. MutualFirst Financial Inc. has a 52-week low of $29.20 and a 52-week high of $40.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.01 and a current ratio of 1.01.

MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The firm had revenue of $16.70 million for the quarter, compared to the consensus estimate of $17.00 million. MutualFirst Financial had a net margin of 18.68% and a return on equity of 9.73%. analysts predict that MutualFirst Financial Inc. will post 1.94 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 8th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.88%. This is an increase from MutualFirst Financial’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, December 7th. MutualFirst Financial’s dividend payout ratio (DPR) is presently 38.30%.

Several research analysts have recently weighed in on the stock. ValuEngine cut shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research cut shares of MutualFirst Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 27th. BidaskClub upgraded shares of MutualFirst Financial from a “hold” rating to a “buy” rating in a research note on Saturday, December 30th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $39.00 price target on shares of MutualFirst Financial in a research note on Friday, December 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $38.67.

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of MutualFirst Financial by 4.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 417,640 shares of the bank’s stock valued at $16,058,000 after purchasing an additional 18,993 shares during the period. Hillsdale Investment Management Inc. raised its position in shares of MutualFirst Financial by 47.6% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 21,700 shares of the bank’s stock valued at $834,000 after purchasing an additional 7,000 shares during the period. Wells Fargo & Company MN raised its position in shares of MutualFirst Financial by 170.8% during the 3rd quarter. Wells Fargo & Company MN now owns 9,455 shares of the bank’s stock valued at $363,000 after purchasing an additional 5,964 shares during the period. Macquarie Group Ltd. bought a new stake in shares of MutualFirst Financial during the 3rd quarter valued at $423,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of MutualFirst Financial during the 3rd quarter valued at $101,000. Hedge funds and other institutional investors own 47.49% of the company’s stock.

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MutualFirst Financial Company Profile

MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.

Insider Buying and Selling by Quarter for MutualFirst Financial (NASDAQ:MFSF)

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