News articles about MidWestOne Financial Group (NASDAQ:MOFG) have been trending positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MidWestOne Financial Group earned a media sentiment score of 0.35 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.6583603006712 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of MidWestOne Financial Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. BidaskClub raised shares of MidWestOne Financial Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 22nd.
Shares of MidWestOne Financial Group (NASDAQ:MOFG) traded up $0.50 during mid-day trading on Monday, reaching $35.85. 18,275 shares of the company traded hands, compared to its average volume of 35,283. MidWestOne Financial Group has a 1 year low of $30.56 and a 1 year high of $39.20. The firm has a market capitalization of $431.94, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 2.52 and a beta of 1.24. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.53.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.90%. MidWestOne Financial Group’s dividend payout ratio (DPR) is presently 33.50%.
In other news, Director Kurt R. Weise sold 1,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $35.21, for a total value of $35,210.00. Following the completion of the transaction, the director now directly owns 2,275 shares in the company, valued at $80,102.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 25.30% of the stock is currently owned by corporate insiders.
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MidWestOne Financial Group Company Profile
MidWestOne Financial Group, Inc is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc that operates through three agencies located in central and east-central Iowa. As of December 31, 2016, the Bank operated a total of 43 banking offices in Iowa, Minnesota, Wisconsin, and Florida.
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