MB Financial Inc. (NASDAQ:MBFI) – Stock analysts at Jefferies Group decreased their Q3 2016 EPS estimates for MB Financial in a research report issued to clients and investors on Tuesday. Jefferies Group analyst E. Harmon now expects that the firm will earn $0.60 per share for the quarter, down from their previous forecast of $0.61. Jefferies Group also issued estimates for MB Financial’s Q4 2016 earnings at $0.62 EPS and FY2016 earnings at $2.33 EPS.

Earnings History and Estimates for MB Financial (NASDAQ:MBFI)

Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on MB Financial from $35.50 to $36.50 and gave the company a “neutral” rating in a report on Thursday, July 7th. Zacks Investment Research downgraded MB Financial from a “buy” rating to a “hold” rating in a report on Thursday. DA Davidson boosted their target price on MB Financial from $39.19 to $43.00 and gave the company a “neutral” rating in a report on Friday, August 26th. JMP Securities started coverage on MB Financial in a report on Friday, September 16th. They issued a “market perform” rating for the company. Finally, Sandler O’Neill downgraded MB Financial from a “buy” rating to a “hold” rating in a report on Friday, August 26th. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $36.28.

MB Financial (NASDAQ:MBFI) opened at 37.26 on Friday. The stock has a market cap of $2.74 billion, a P/E ratio of 17.40 and a beta of 1.06. MB Financial has a 52-week low of $27.98 and a 52-week high of $39.50. The stock has a 50 day moving average price of $38.18 and a 200 day moving average price of $36.39.

Several large investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in MB Financial by 121.5% in the second quarter. BNP Paribas Arbitrage SA now owns 21,964 shares of the company’s stock worth $797,000 after buying an additional 12,049 shares in the last quarter. Endeavour Capital Advisors Inc. boosted its stake in MB Financial by 0.7% in the first quarter. Endeavour Capital Advisors Inc. now owns 126,469 shares of the company’s stock worth $4,104,000 after buying an additional 884 shares in the last quarter. Barclays PLC boosted its stake in MB Financial by 132.5% in the first quarter. Barclays PLC now owns 8,369 shares of the company’s stock worth $268,000 after buying an additional 4,769 shares in the last quarter. Wellington Management Group LLP boosted its stake in MB Financial by 33.3% in the first quarter. Wellington Management Group LLP now owns 2,888,141 shares of the company’s stock worth $93,720,000 after buying an additional 721,226 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in MB Financial by 9.9% in the first quarter. Geode Capital Management LLC now owns 498,589 shares of the company’s stock worth $16,179,000 after buying an additional 45,088 shares in the last quarter. Institutional investors and hedge funds own 64.18% of the company’s stock.

In other MB Financial news, insider Rose Marie Bouman sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The stock was sold at an average price of $38.98, for a total transaction of $155,920.00. Following the transaction, the insider now owns 68,607 shares in the company, valued at approximately $2,674,300.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Jill E. York sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $39.05, for a total value of $195,250.00. Following the transaction, the vice president now owns 69,889 shares in the company, valued at approximately $2,729,165.45. The disclosure for this sale can be found here. Company insiders own 7.05% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 2.04%. The ex-dividend date was Tuesday, September 13th. MB Financial’s payout ratio is 35.68%.

MB Financial Company Profile

MB Financial, Inc is a financial holding company. The Company, through its bank subsidiary, MB Financial Bank, N.A., offers a range of financial services to small and middle market businesses, and individuals. The Company’s segments include banking, leasing and mortgage banking. Its banking segment includes lending and deposit gathering activities.

5 Day Chart for NASDAQ:MBFI

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