Midland States Bancorp Inc (NASDAQ:MSBI) Director Leon J. Holschbach sold 10,234 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $28.00, for a total transaction of $286,552.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Leon J. Holschbach also recently made the following trade(s):

  • On Monday, October 21st, Leon J. Holschbach sold 8,766 shares of Midland States Bancorp stock. The shares were sold at an average price of $26.59, for a total transaction of $233,087.94.
  • On Thursday, September 5th, Leon J. Holschbach sold 1,992 shares of Midland States Bancorp stock. The shares were sold at an average price of $26.00, for a total transaction of $51,792.00.

Shares of Midland States Bancorp stock opened at $28.04 on Friday. Midland States Bancorp Inc has a twelve month low of $19.56 and a twelve month high of $28.24. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 1.15. The firm’s 50-day moving average price is $26.48 and its 200 day moving average price is $26.16. The firm has a market capitalization of $678.57 million, a PE ratio of 13.75 and a beta of 1.36.

Midland States Bancorp (NASDAQ:MSBI) last posted its earnings results on Friday, October 25th. The financial services provider reported $0.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.13). Midland States Bancorp had a net margin of 18.30% and a return on equity of 10.15%. The company had revenue of $69.06 million during the quarter. On average, sell-side analysts predict that Midland States Bancorp Inc will post 2.49 EPS for the current fiscal year.

The firm also recently declared a dividend, which will be paid on Monday, November 25th. Shareholders of record on Monday, November 18th will be paid a $0.2425 dividend. The ex-dividend date is Friday, November 15th. Midland States Bancorp’s dividend payout ratio (DPR) is 47.55%.

A number of brokerages recently weighed in on MSBI. ValuEngine lowered shares of Midland States Bancorp from a “hold” rating to a “sell” rating in a research note on Monday, October 21st. Zacks Investment Research lowered shares of Midland States Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Finally, BidaskClub raised shares of Midland States Bancorp from a “hold” rating to a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating and two have given a buy rating to the company. Midland States Bancorp has a consensus rating of “Hold” and a consensus target price of $27.00.

Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its stake in shares of Midland States Bancorp by 63.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,036 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 401 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Midland States Bancorp in the second quarter worth $54,000. Bank of Montreal Can grew its stake in shares of Midland States Bancorp by 687.3% in the second quarter. Bank of Montreal Can now owns 2,102 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,835 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Midland States Bancorp in the second quarter worth $211,000. Finally, UBS Asset Management Americas Inc. acquired a new position in shares of Midland States Bancorp in the second quarter worth $216,000. Institutional investors and hedge funds own 47.71% of the company’s stock.

About Midland States Bancorp

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Commercial FHA Origination and Servicing, Wealth Management, and Other segments.

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