Jane Street Group LLC Acquires 1,799 Shares of MB Financial Inc (NASDAQ:MBFI)

Jane Street Group LLC boosted its position in shares of MB Financial Inc (NASDAQ:MBFI) by 36.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,799 shares of the bank’s stock after buying an additional 1,799 shares during the quarter. Jane Street Group LLC’s holdings in MB Financial were worth $269,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its stake in shares of MB Financial by 3,937.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,331,291 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,298,314 shares during the period. Morgan Stanley lifted its stake in shares of MB Financial by 149.7% in the 3rd quarter. Morgan Stanley now owns 808,043 shares of the bank’s stock valued at $37,261,000 after purchasing an additional 484,377 shares during the period. BlackRock Inc. lifted its stake in shares of MB Financial by 3.0% in the 4th quarter. BlackRock Inc. now owns 9,859,271 shares of the bank’s stock valued at $390,723,000 after purchasing an additional 285,569 shares during the period. ARP Americas LP lifted its stake in shares of MB Financial by 253.3% in the 4th quarter. ARP Americas LP now owns 237,119 shares of the bank’s stock valued at $9,397,000 after purchasing an additional 170,009 shares during the period. Finally, Citigroup Inc. lifted its stake in shares of MB Financial by 14.6% in the 4th quarter. Citigroup Inc. now owns 1,240,725 shares of the bank’s stock valued at $49,170,000 after purchasing an additional 158,351 shares during the period. 74.20% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Brian J. Wildman sold 3,285 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $44.14, for a total value of $144,999.90. Following the completion of the transaction, the insider now owns 24,940 shares in the company, valued at approximately $1,100,851.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jill E. York sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $45.65, for a total value of $456,500.00. Following the completion of the transaction, the vice president now owns 72,391 shares of the company’s stock, valued at approximately $3,304,649.15. The disclosure for this sale can be found here. 2.69% of the stock is owned by company insiders.

A number of research firms have recently weighed in on MBFI. Zacks Investment Research raised MB Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, February 13th. BidaskClub upgraded MB Financial from a “sell” rating to a “hold” rating in a report on Thursday, February 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. MB Financial has an average rating of “Hold” and a consensus price target of $53.60.

MBFI stock remained flat at $$42.38 during trading hours on Thursday. The company’s stock had a trading volume of 35,365,244 shares, compared to its average volume of 2,826,225. The company has a market cap of $3.58 billion, a PE ratio of 15.70, a PEG ratio of 1.23 and a beta of 0.99. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.87 and a current ratio of 0.87. MB Financial Inc has a 52-week low of $37.13 and a 52-week high of $51.59.

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MB Financial Profile

MB Financial, Inc operates as a bank holding company for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals primarily in Chicago, Illinois metropolitan area. The company operates through three segments: Banking, Leasing, and Mortgage Banking.

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Institutional Ownership by Quarter for MB Financial (NASDAQ:MBFI)

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