MutualFirst Financial Inc. (NASDAQ:MFSF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $28.92 and last traded at $27.87, with a volume of 12,801 shares traded. The stock had previously closed at $27.51.

Separately, Zacks Investment Research downgraded shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th.

The company has a 50-day moving average of $26.35 and a 200 day moving average of $25.51. The firm has a market cap of $207.43 million and a P/E ratio of 17.37.

MutualFirst Financial (NASDAQ:MFSF) last announced its earnings results on Thursday, April 21st. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.07. Equities analysts predict that MutualFirst Financial Inc. will post $1.48 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Friday, June 10th were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, June 8th. This represents a $0.56 annualized dividend and a yield of 2.02%.

In related news, Director Jonathan E. Kintner sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, April 25th. The shares were sold at an average price of $26.08, for a total transaction of $130,400.00. Following the completion of the sale, the director now directly owns 54,537 shares in the company, valued at $1,422,324.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). MutualBank also has trust offices in Carmel and Crawfordsville, Indiana and a loan origination office in New Buffalo, Michigan. The Company has a subsidiary, Summit Mortgage, Inc, that operates a mortgage banking firm in Ft.

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