15,496 Shares in MidWestOne Financial Group, Inc. $MOFG Purchased by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC acquired a new stake in shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) during the 4th quarter, HoldingsChannel reports. The fund acquired 15,496 shares of the financial services provider’s stock, valued at approximately $618,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its holdings in MidWestOne Financial Group by 128.3% during the fourth quarter. Quadrant Capital Group LLC now owns 710 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 399 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in MidWestOne Financial Group by 12,135.7% during the third quarter. Russell Investments Group Ltd. now owns 1,713 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 1,699 shares in the last quarter. Signaturefd LLC lifted its holdings in MidWestOne Financial Group by 402.1% during the fourth quarter. Signaturefd LLC now owns 2,124 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 1,701 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in MidWestOne Financial Group by 65.0% during the third quarter. BNP Paribas Financial Markets now owns 3,298 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 1,299 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of MidWestOne Financial Group in the second quarter worth about $98,000. 65.42% of the stock is owned by hedge funds and other institutional investors.

MidWestOne Financial Group Stock Performance

NASDAQ:MOFG opened at $49.31 on Monday. The company’s 50-day moving average price is $49.31 and its 200-day moving average price is $46.37. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.02 billion, a P/E ratio of 17.55 and a beta of 1.07. MidWestOne Financial Group, Inc. has a twelve month low of $25.75 and a twelve month high of $49.69.

MidWestOne Financial Group Profile

MidWestOne Financial Group, Inc (NASDAQ: MOFG) is a registered bank holding company headquartered in West Des Moines, Iowa. Through its principal subsidiary, MidWestOne Bank, the company provides a comprehensive range of commercial and consumer banking products and services. Its commercial banking division offers business lending solutions, including commercial real estate loans, business lines of credit, equipment financing and treasury management services. For individual customers, MidWestOne delivers checking and savings accounts, home mortgage and home equity loans, and personal lending solutions.

Beyond traditional banking, MidWestOne offers trust, wealth management and insurance services through specialized teams of financial advisors.