MB Financial Inc. (NASDAQ:MBFI) declared a quarterly dividend on Wednesday, November 16th. Shareholders of record on Thursday, December 15th will be given a dividend of 0.19 per share on Friday, December 30th. This represents a $0.76 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Tuesday, December 13th.

MB Financial (NASDAQ:MBFI) opened at 42.26 on Thursday. The firm’s 50-day moving average price is $37.62 and its 200-day moving average price is $37.11. MB Financial has a 12-month low of $27.98 and a 12-month high of $42.33. The company has a market cap of $3.28 billion, a PE ratio of 19.47 and a beta of 1.07.

Dividend History for MB Financial (NASDAQ:MBFI)

MBFI has been the topic of a number of recent research reports. DA Davidson lifted their price target on shares of MB Financial from $39.19 to $43.00 and gave the stock a “neutral” rating in a report on Friday, August 26th. Sandler O’Neill lowered shares of MB Financial from a “buy” rating to a “hold” rating in a report on Friday, August 26th. JMP Securities started coverage on shares of MB Financial in a report on Friday, September 16th. They issued a “market perform” rating on the stock. Zacks Investment Research lowered shares of MB Financial from a “buy” rating to a “hold” rating in a report on Monday, September 26th. Finally, Jefferies Group restated a “hold” rating and issued a $39.00 target price on shares of MB Financial in a report on Tuesday, November 1st. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $37.06.

In other news, CEO Mitchell Feiger sold 6,500 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $38.69, for a total transaction of $251,485.00. Following the completion of the sale, the chief executive officer now directly owns 119,997 shares of the company’s stock, valued at $4,642,683.93. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Rose Marie Bouman sold 1,424 shares of the business’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of $38.67, for a total transaction of $55,066.08. Following the sale, the insider now directly owns 67,463 shares of the company’s stock, valued at $2,608,794.21. The disclosure for this sale can be found here. Insiders own 7.05% of the company’s stock.

Large investors have recently bought and sold shares of the company. BlackRock Investment Management LLC increased its stake in MB Financial by 2.1% in the second quarter. BlackRock Investment Management LLC now owns 325,568 shares of the company’s stock valued at $11,812,000 after buying an additional 6,560 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in MB Financial by 15.4% in the second quarter. Parametric Portfolio Associates LLC now owns 183,697 shares of the company’s stock valued at $6,665,000 after buying an additional 24,506 shares during the last quarter. Credit Suisse AG increased its stake in MB Financial by 24.6% in the third quarter. Credit Suisse AG now owns 161,538 shares of the company’s stock valued at $6,146,000 after buying an additional 31,841 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in MB Financial during the second quarter valued at approximately $4,616,000. Finally, Eaton Vance Management increased its stake in MB Financial by 28.0% in the third quarter. Eaton Vance Management now owns 113,950 shares of the company’s stock valued at $4,335,000 after buying an additional 24,929 shares during the last quarter. 64.73% of the stock is owned by institutional investors.

About MB Financial

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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