Shares of MB Financial Inc. (NASDAQ:MBFI) saw an uptick in trading volume on Friday . 13,774,194 shares were traded during trading, an increase of 925% from the previous session’s volume of 1,343,758 shares.The stock last traded at $38.39 and had previously closed at $38.62.

MBFI has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of MB Financial from a “hold” rating to a “sell” rating in a research report on Thursday, April 14th. DA Davidson initiated coverage on shares of MB Financial in a research report on Thursday, April 7th. They set a “neutral” rating and a $36.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of MB Financial from $35.50 to $36.50 and gave the company a “neutral” rating in a research report on Thursday, July 7th. Finally, Piper Jaffray Cos. initiated coverage on shares of MB Financial in a research report on Friday, June 10th. They set an “overweight” rating and a $41.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. MB Financial presently has a consensus rating of “Buy” and an average target price of $35.39.

The stock has a 50 day moving average price of $36.49 and a 200 day moving average price of $33.55. The company has a market capitalization of $2.82 billion and a P/E ratio of 17.93.

In other news, CFO Jill E. York sold 2,500 shares of the firm’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $36.12, for a total transaction of $90,300.00. Following the sale, the chief financial officer now owns 102,563 shares in the company, valued at $3,704,575.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Rose Marie Bouman sold 2,781 shares of the firm’s stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $36.36, for a total value of $101,117.16. Following the sale, the insider now owns 72,607 shares in the company, valued at approximately $2,639,990.52. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of MBFI. State of Tennessee Treasury Department bought a new position in shares of MB Financial during the fourth quarter worth approximately $1,765,000. Nationwide Fund Advisors boosted its position in shares of MB Financial by 1.0% in the fourth quarter. Nationwide Fund Advisors now owns 63,689 shares of the company’s stock worth $2,062,000 after buying an additional 660 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of MB Financial by 9.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 86,172 shares of the company’s stock worth $2,789,000 after buying an additional 7,557 shares in the last quarter. Rhumbline Advisers boosted its position in shares of MB Financial by 4.3% in the fourth quarter. Rhumbline Advisers now owns 125,644 shares of the company’s stock worth $4,067,000 after buying an additional 5,225 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of MB Financial by 0.7% in the fourth quarter. New York State Common Retirement Fund now owns 126,509 shares of the company’s stock worth $4,095,000 after buying an additional 900 shares in the last quarter.

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.

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