BidaskClub lowered shares of MB Financial (NASDAQ:MBFI) from a hold rating to a sell rating in a research note released on Tuesday.

MBFI has been the subject of several other research reports. SunTrust Banks set a $48.00 price target on MB Financial and gave the company a buy rating in a report on Friday, October 20th. Zacks Investment Research upgraded MB Financial from a sell rating to a hold rating in a report on Wednesday, October 25th. Keefe, Bruyette & Woods reaffirmed a hold rating and issued a $49.00 price objective on shares of MB Financial in a research note on Friday, December 22nd. Piper Jaffray Companies reaffirmed a hold rating and issued a $44.00 price objective on shares of MB Financial in a research note on Thursday, October 19th. Finally, DA Davidson lowered MB Financial from a buy rating to a neutral rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $48.78.

MB Financial (NASDAQ:MBFI) opened at $42.84 on Tuesday. The firm has a market capitalization of $3,624.41, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 1.47 and a beta of 1.03. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.88 and a current ratio of 0.91. MB Financial has a 1-year low of $38.28 and a 1-year high of $47.64.

MB Financial (NASDAQ:MBFI) last released its quarterly earnings results on Thursday, January 25th. The bank reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.10). The firm had revenue of $242.71 million for the quarter, compared to analysts’ expectations of $251.78 million. MB Financial had a net margin of 29.25% and a return on equity of 8.11%. During the same quarter in the prior year, the business earned $0.59 EPS. equities research analysts expect that MB Financial will post 2.81 earnings per share for the current fiscal year.

In other news, VP Jill E. York sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $44.60, for a total value of $223,000.00. Following the completion of the sale, the vice president now directly owns 65,430 shares of the company’s stock, valued at approximately $2,918,178. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark A. Heckler sold 13,804 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $46.25, for a total value of $638,435.00. Following the completion of the sale, the insider now directly owns 55,236 shares of the company’s stock, valued at $2,554,665. The disclosure for this sale can be found here. 7.05% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in shares of MB Financial during the 4th quarter worth approximately $169,000. US Bancorp DE lifted its stake in shares of MB Financial by 17.1% during the 4th quarter. US Bancorp DE now owns 10,558 shares of the bank’s stock worth $470,000 after acquiring an additional 1,541 shares during the last quarter. Aperio Group LLC lifted its stake in shares of MB Financial by 5.3% during the 4th quarter. Aperio Group LLC now owns 23,579 shares of the bank’s stock worth $1,050,000 after acquiring an additional 1,179 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of MB Financial by 40.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,568 shares of the bank’s stock worth $203,000 after acquiring an additional 1,313 shares during the last quarter. Finally, Mutual of America Capital Management LLC lifted its stake in shares of MB Financial by 2.4% during the 4th quarter. Mutual of America Capital Management LLC now owns 169,441 shares of the bank’s stock worth $7,544,000 after acquiring an additional 4,033 shares during the last quarter. 76.54% of the stock is owned by institutional investors and hedge funds.

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MB Financial Company Profile

MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.

Analyst Recommendations for MB Financial (NASDAQ:MBFI)

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