MB Financial Inc. (NASDAQ:MBFI) VP Jill E. York sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $42.07, for a total value of $210,350.00. Following the transaction, the vice president now directly owns 72,600 shares of the company’s stock, valued at approximately $3,054,282. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

MB Financial Inc. (NASDAQ:MBFI) traded up 0.33% during mid-day trading on Wednesday, reaching $42.26. The company’s stock had a trading volume of 666,447 shares. MB Financial Inc. has a 1-year low of $27.98 and a 1-year high of $42.43. The stock’s 50 day moving average price is $37.62 and its 200 day moving average price is $37.11. The stock has a market capitalization of $3.28 billion, a P/E ratio of 19.47 and a beta of 1.07.

Insider Buying and Selling by Quarter for MB Financial (NASDAQ:MBFI)

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Thursday, December 15th will be issued a $0.19 dividend. The ex-dividend date is Tuesday, December 13th. This represents a $0.76 annualized dividend and a yield of 1.80%. MB Financial’s dividend payout ratio (DPR) is presently 35.19%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in shares of MB Financial by 140.4% in the first quarter. BlackRock Inc. now owns 5,156 shares of the company’s stock valued at $168,000 after buying an additional 3,011 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of MB Financial by 9.9% in the first quarter. Geode Capital Management LLC now owns 498,589 shares of the company’s stock valued at $16,179,000 after buying an additional 45,088 shares in the last quarter. Barclays PLC boosted its stake in shares of MB Financial by 132.5% in the first quarter. Barclays PLC now owns 8,369 shares of the company’s stock valued at $268,000 after buying an additional 4,769 shares in the last quarter. Endeavour Capital Advisors Inc. boosted its stake in shares of MB Financial by 0.7% in the first quarter. Endeavour Capital Advisors Inc. now owns 126,469 shares of the company’s stock valued at $4,104,000 after buying an additional 884 shares in the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of MB Financial by 121.5% in the second quarter. BNP Paribas Arbitrage SA now owns 21,964 shares of the company’s stock valued at $797,000 after buying an additional 12,049 shares in the last quarter. Institutional investors own 64.73% of the company’s stock.

A number of equities research analysts have recently issued reports on MBFI shares. JMP Securities started coverage on MB Financial in a research report on Friday, September 16th. They issued a “market perform” rating for the company. Zacks Investment Research upgraded MB Financial from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Friday, October 7th. Jefferies Group restated a “hold” rating and issued a $39.00 price target on shares of MB Financial in a research report on Tuesday, November 1st. Sandler O’Neill lowered MB Financial from a “buy” rating to a “hold” rating in a research report on Friday, August 26th. Finally, DA Davidson upgraded MB Financial from a “neutral” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Monday, October 24th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $37.06.

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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