Shares of MB Financial Inc. (NASDAQ:MBFI) saw unusually-strong trading volume on Friday . Approximately 1,123,511 shares changed hands during trading, an increase of 115% from the previous session’s volume of 522,684 shares.The stock last traded at $39.39 and had previously closed at $39.16.

Several analysts recently issued reports on MBFI shares. JPMorgan Chase & Co. boosted their target price 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. Sandler O’Neill lowered shares of MB Financial from a “buy” rating to a “hold” rating in a research report on Friday, August 26th. DA Davidson boosted their target price on shares of MB Financial from $39.19 to $43.00 and gave the company a “neutral” rating in a research report on Friday, August 26th. Zacks Investment Research upgraded shares of MB Financial from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research report on Saturday, July 9th. Finally, Piper Jaffray Cos. assumed coverage on shares of MB Financial in a research report on Friday, June 10th. They issued an “overweight” rating and a $41.00 price target for the company. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $36.17.

The stock has a market cap of $2.89 billion and a price-to-earnings ratio of 18.40. The company has a 50 day moving average price of $38.69 and a 200 day moving average price of $35.15.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Tuesday, September 13th.

In related news, VP Jill E. York sold 5,000 shares of the company’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 completion of the transaction, the vice president now directly owns 69,889 shares of the company’s stock, valued at $2,729,165.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jill E. York sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of $37.26, for a total value of $93,150.00. Following the completion of the transaction, the chief financial officer now directly owns 75,438 shares of the company’s stock, valued at $2,810,819.88. The disclosure for this sale can be found here.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.