MB Financial Inc (MBFI) : Tributary Capital Management scooped up 30,948 additional shares in MB Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 294,172 shares of MB Financial Inc which is valued at $11,322,680.MB Financial Inc makes up approximately 1.57% of Tributary Capital Management’s portfolio.
Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in MBFI in the latest quarter, The investment management firm added 1,220 additional shares and now holds a total of 46,656 shares of MB Financial Inc which is valued at $1,795,789.First Trust Advisors Lp boosted its stake in MBFI in the latest quarter, The investment management firm added 22,383 additional shares and now holds a total of 118,016 shares of MB Financial Inc which is valued at $4,607,345. MB Financial Inc makes up approx 0.01% of First Trust Advisors Lp’s portfolio. Quantbot Technologies Lp sold out all of its stake in MBFI during the most recent quarter. The investment firm sold 5,476 shares of MBFI which is valued $208,745.Public Employees Retirement Association Of Colorado reduced its stake in MBFI by selling 259 shares or 0.07% in the most recent quarter. The Hedge Fund company now holds 387,965 shares of MBFI which is valued at $14,893,976. MB Financial Inc makes up approx 0.12% of Public Employees Retirement Association Of Colorado’s portfolio.Old Second National Bank Of Aurora reduced its stake in MBFI by selling 3,094 shares or 11.24% in the most recent quarter. The Hedge Fund company now holds 24,430 shares of MBFI which is valued at $939,578. MB Financial Inc makes up approx 0.42% of Old Second National Bank Of Aurora’s portfolio.
MB Financial Inc closed down -0.24 points or -0.61% at $38.93 with 3,58,564 shares getting traded on Wednesday. Post opening the session at $39.08, the shares hit an intraday low of $38.71 and an intraday high of $39.21 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, MB Financial Inc reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Oct 15, 2015. Analyst had a consensus of $0.53.Analysts expectations of $ 204.59.During the same quarter in the previous year, the company posted $0.52 EPS.
Many Wall Street Analysts have commented on MB Financial Inc. MB Financial Inc was Initiated by Piper Jaffray to “Overweight” on Jun 10, 2016.
MB Financial Inc. (MB Financial) is a financial holding company. Through its bank subsidiary MB Financial Bank N.A. (MB Financial Bank) the Company offers financial services to small and middle market businesses and individuals in the markets that it serves. Its primary business segments include banking leasing and mortgage banking. It makes commercial loans to middle market businesses located in the Chicago area. Loan products offered by it are primarily working capital term loans and lines of credit that help its customers finance accounts receivable inventory and equipment. It also offers financial performance and commercial letters of credit. It originates commercial real estate loans that are secured by multi-unit residential property and owner and non-owner occupied commercial and industrial property. Its consumer loan portfolio is focused on indirect vehicle loans through a network of motorcycle power sports recreational vehicles and marine dealers.