Institutional Investors Are Selling MB Financial Inc (NASDAQ:MBFI)

May 17, 2018 - By Alfred Lee

MB Financial, Inc. (NASDAQ:MBFI) Logo

Sentiment for MB Financial Inc (NASDAQ:MBFI)

MB Financial Inc (NASDAQ:MBFI) institutional sentiment decreased to 1.42 in Q4 2017. Its down -0.54, from 1.96 in 2017Q3. The ratio dived, as 91 investment professionals increased or opened new stock positions, while 64 reduced and sold their equity positions in MB Financial Inc. The investment professionals in our partner’s database now possess: 62.04 million shares, down from 63.13 million shares in 2017Q3. Also, the number of investment professionals holding MB Financial Inc in their top 10 stock positions was flat from 5 to 5 for the same number . Sold All: 12 Reduced: 52 Increased: 63 New Position: 28.

MB Financial, Inc. operates as a bank holding firm for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals in the United States. The company has market cap of $3.70 billion. The companyÂ’s Banking segment offers commercial banking products, including working capital loans and lines of credit; accounts receivable financing; inventory and equipment financing; industrial revenue bond financing; ESOP financing; business acquisition loans; owner occupied real estate loans; asset loans; and financial, performance, and commercial letters of credit. It has a 12.73 P/E ratio. The Company’s commercial banking products also comprise deposit and treasury management services and products, such as Internet banking products, investment sweep and zero balance accounts, automated tax payments, ATM access, telephone banking, lockboxes, automated clearing house transactions, account reconciliation, controlled disbursement, information reporting, wire transfers, vault services, remote deposit capture, and checking accounts; capital markets and international banking services; and credit, deposit, and treasury management services for real estate operators and investors.

The stock increased 0.61% or $0.27 during the last trading session, reaching $44.42. About 279,298 shares traded. MB Financial, Inc. (NASDAQ:MBFI) has declined 3.03% since May 17, 2017 and is downtrending. It has underperformed by 14.58% the S&P500.

Analysts await MB Financial, Inc. (NASDAQ:MBFI) to report earnings on July, 19. They expect $0.68 EPS, up 25.93 % or $0.14 from last year’s $0.54 per share. MBFI’s profit will be $56.69M for 16.33 P/E if the $0.68 EPS becomes a reality. After $0.64 actual EPS reported by MB Financial, Inc. for the previous quarter, Wall Street now forecasts 6.25 % EPS growth.

Cardinal Capital Management Llc Ct holds 3.65% of its portfolio in MB Financial, Inc. for 2.09 million shares. Salzhauer Michael owns 155,186 shares or 2.71% of their US portfolio. Moreover, Trust Department Mb Financial Bank N A has 2.61% invested in the company for 560,989 shares. The Illinois-based Channing Capital Management Llc has invested 2.41% in the stock. Tributary Capital Management Llc, a Colorado-based fund reported 456,838 shares.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $5,998 activity.

MB Financial, Inc. (NASDAQ:MBFI) Ratings Coverage

Ratings analysis reveals 14% of MB Financial Inc’s analysts are positive. Out of 7 Wall Street analysts rating MB Financial Inc, 1 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $4400 while the high is $52.0. The stock’s average target of $46.50 is 4.68% above today’s ($44.42) share price. MBFI was included in 14 notes of analysts from December 21, 2017. SunTrust maintained MB Financial, Inc. (NASDAQ:MBFI) on Friday, January 26 with “Buy” rating. The firm earned “Hold” rating on Friday, April 13 by Sandler O’Neill. Piper Jaffray maintained the shares of MBFI in report on Tuesday, April 24 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, January 25 report. Keefe Bruyette & Woods maintained MB Financial, Inc. (NASDAQ:MBFI) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $49.0 target. Hovde Group maintained MB Financial, Inc. (NASDAQ:MBFI) on Friday, January 12 with “Hold” rating. The rating was maintained by Hovde Group with “Hold” on Thursday, February 8. The stock of MB Financial, Inc. (NASDAQ:MBFI) has “Buy” rating given on Monday, January 8 by SunTrust. On Thursday, January 25 the stock rating was maintained by Jefferies with “Hold”. DA Davidson downgraded the stock to “Neutral” rating in Friday, January 26 report.

Another recent and important MB Financial, Inc. (NASDAQ:MBFI) news was published by Prweb.com which published an article titled: “MB Business Capital Announces $11.575 Million Credit Facility for 3P Processing” on May 16, 2018.

MB Financial, Inc. (NASDAQ:MBFI) Institutional Positions Chart

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