Federated Investors Inc. PA Reduces Holdings in MB Financial Inc (MBFI)

Federated Investors Inc. PA trimmed its holdings in shares of MB Financial Inc (NASDAQ:MBFI) by 9.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 347,811 shares of the bank’s stock after selling 37,687 shares during the period. Federated Investors Inc. PA owned 0.41% of MB Financial worth $14,079,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Advisor Group Inc. raised its holdings in shares of MB Financial by 93.4% during the fourth quarter. Advisor Group Inc. now owns 2,940 shares of the bank’s stock worth $131,000 after purchasing an additional 1,420 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of MB Financial during the fourth quarter worth $169,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of MB Financial by 40.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,568 shares of the bank’s stock worth $203,000 after purchasing an additional 1,313 shares during the period. Zeke Capital Advisors LLC acquired a new stake in shares of MB Financial during the fourth quarter worth $220,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of MB Financial during the fourth quarter worth $260,000. 75.67% of the stock is currently owned by institutional investors.

A number of analysts have weighed in on the stock. ValuEngine raised shares of MB Financial from a “hold” rating to a “buy” rating in a report on Tuesday, May 22nd. DA Davidson increased their target price on shares of MB Financial to $54.20 in a report on Tuesday, May 22nd. BidaskClub cut shares of MB Financial from a “buy” rating to a “hold” rating in a report on Monday, May 14th. Zacks Investment Research cut shares of MB Financial from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Piper Jaffray Companies restated a “hold” rating and set a $44.00 price target on shares of MB Financial in a research report on Friday, April 6th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $47.91.

MB Financial stock opened at $50.56 on Friday. The stock has a market cap of $4.29 billion, a PE ratio of 21.15, a PEG ratio of 1.68 and a beta of 1.02. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.91 and a quick ratio of 0.87. MB Financial Inc has a one year low of $38.28 and a one year high of $51.33.

MB Financial (NASDAQ:MBFI) last released its quarterly earnings results on Tuesday, April 24th. The bank reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The business had revenue of $246.18 million during the quarter, compared to analyst estimates of $249.16 million. MB Financial had a net margin of 28.85% and a return on equity of 7.52%. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 earnings per share. equities research analysts predict that MB Financial Inc will post 2.9 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.90%. MB Financial’s dividend payout ratio is currently 40.17%.

MB Financial Company Profile

MB Financial, Inc operates as a bank holding company for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals in the United States. The company operates through three segments: Banking, Leasing, and Mortgage Banking. The Banking segment offers commercial banking products, including working capital loans and lines of credit; accounts receivable financing; inventory and equipment financing; industrial revenue bond financing; ESOP financing; business acquisition loans; owner occupied real estate loans; asset-based loans; and financial, performance, and commercial letters of credit.

Institutional Ownership by Quarter for MB Financial (NASDAQ:MBFI)

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