Key Research Analysts at KBW Didn’t Change their ‘Buy’ rating for Midwestone Financial Group (NASDAQ:MOFG) Shares Today. Their Price Target is Set to $41.0

April 17, 2018 - By Michael Collier

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Logo

Investors sentiment decreased to 1 in 2017 Q4. Its down 1.59, from 2.59 in 2017Q3. It turned negative, as 9 investors sold MidWestOne Financial Group, Inc. shares while 24 reduced holdings. 10 funds opened positions while 23 raised stakes. 5.24 million shares or 5.74% less from 5.56 million shares in 2017Q3 were reported.

Millennium Mngmt Ltd Com holds 0% or 73,948 shares. Northern reported 120,313 shares. California State Teachers Retirement Systems has 17,714 shares for 0% of their portfolio. Brandywine Invest Lc reported 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Sg Americas Securities Ltd Liability Corp reported 3,847 shares. Parallax Volatility Advisers Limited Partnership invested in 1,680 shares or 0% of the stock. Natl Bank Of Mellon reported 63,267 shares or 0% of all its holdings. Cornerstone Mgmt Ltd Liability Com reported 25,255 shares. Legal And General Public Ltd Com holds 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 2,994 shares. California Pub Employees Retirement System has 27,100 shares. Metropolitan Life, New York-based fund reported 3,962 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 3,300 shares. Wells Fargo And Co Mn owns 42,098 shares. Financial Bank Of America Corporation De invested in 0% or 1,833 shares. Royal Bancorp Of Canada has 0% invested in MidWestOne Financial Group, Inc. (NASDAQ:MOFG).

Since October 31, 2017, it had 10 insider purchases, and 2 insider sales for $178,831 activity. Another trade for 500 shares valued at $16,516 was made by Funk Charles N on Thursday, February 1. On Wednesday, January 31 the insider McCormick Tracy S bought $8,275. $13,283 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) shares were bought by DONOHUE RICHARD R. Another trade for 3,000 shares valued at $99,055 was bought by West Stephen L. On Tuesday, February 27 the insider True Douglas K bought $9,750. Another trade for 500 shares valued at $15,975 was sold by WEISE KURT R.

Midwestone Financial Group (NASDAQ:MOFG) Rating Reaffirmed

New York: In a research note revealed to investors and clients on Friday morning, KBW reiterated their Buy rating on Midwestone Financial Group (NASDAQ:MOFG) shares. They now have a $41.0 TP on the firm. KBW’s target would suggest a potential upside of 24.92 % from the company’s current price.

Investors sentiment decreased to 1 in 2017 Q4. Its down 1.59, from 2.59 in 2017Q3. It turned negative, as 9 investors sold MidWestOne Financial Group, Inc. shares while 24 reduced holdings. 10 funds opened positions while 23 raised stakes. 5.24 million shares or 5.74% less from 5.56 million shares in 2017Q3 were reported.

Millennium Mngmt Ltd Com holds 0% or 73,948 shares. Northern reported 120,313 shares. California State Teachers Retirement Systems has 17,714 shares for 0% of their portfolio. Brandywine Invest Lc reported 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Sg Americas Securities Ltd Liability Corp reported 3,847 shares. Parallax Volatility Advisers Limited Partnership invested in 1,680 shares or 0% of the stock. Natl Bank Of Mellon reported 63,267 shares or 0% of all its holdings. Cornerstone Mgmt Ltd Liability Com reported 25,255 shares. Legal And General Public Ltd Com holds 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 2,994 shares. California Pub Employees Retirement System has 27,100 shares. Metropolitan Life, New York-based fund reported 3,962 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 3,300 shares. Wells Fargo And Co Mn owns 42,098 shares. Financial Bank Of America Corporation De invested in 0% or 1,833 shares. Royal Bancorp Of Canada has 0% invested in MidWestOne Financial Group, Inc. (NASDAQ:MOFG).

Since October 31, 2017, it had 10 insider purchases, and 2 insider sales for $178,831 activity. Another trade for 500 shares valued at $16,516 was made by Funk Charles N on Thursday, February 1. On Wednesday, January 31 the insider McCormick Tracy S bought $8,275. $13,283 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) shares were bought by DONOHUE RICHARD R. Another trade for 3,000 shares valued at $99,055 was bought by West Stephen L. On Tuesday, February 27 the insider True Douglas K bought $9,750. Another trade for 500 shares valued at $15,975 was sold by WEISE KURT R.

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Ratings Coverage

Among 3 analysts covering Midwestone Financial Group (NASDAQ:MOFG), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Midwestone Financial Group has $41.0 highest and $34.0 lowest target. $37.33’s average target is 13.74% above currents $32.82 stock price. Midwestone Financial Group had 6 analyst reports since October 26, 2017 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Thursday, October 26. The company was maintained on Tuesday, March 27 by Sandler O’Neill. Piper Jaffray maintained MidWestOne Financial Group, Inc. (NASDAQ:MOFG) rating on Tuesday, December 19. Piper Jaffray has “Hold” rating and $36.0 target. The firm has “Buy” rating by Sandler O’Neill given on Thursday, January 18. The stock of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) earned “Buy” rating by Keefe Bruyette & Woods on Friday, December 22. Piper Jaffray maintained the stock with “Hold” rating in Wednesday, February 7 report.

The stock decreased 0.09% or $0.03 during the last trading session, reaching $32.82. About 5,722 shares traded. MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has declined 3.37% since April 17, 2017 and is downtrending. It has underperformed by 14.92% the S&P500.

MidWestOne Financial Group, Inc. operates as the bank holding firm for MidWestOne Bank that provides commercial and retail banking services and products to individuals, businesses, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, and Florida. The company has market cap of $401.56 million. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits. It has a 21.17 P/E ratio. The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans.

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Institutional Positions Chart

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