MutualFirst Financial Inc. (NASDAQ:MFSF) Director Jerry Dean Mcvicker sold 1,621 shares of MutualFirst Financial stock in a transaction on Monday, December 18th. The stock was sold at an average price of $39.25, for a total transaction of $63,624.25. Following the transaction, the director now owns 36,550 shares in the company, valued at approximately $1,434,587.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Jerry Dean Mcvicker also recently made the following trade(s):
- On Thursday, November 30th, Jerry Dean Mcvicker sold 3,870 shares of MutualFirst Financial stock. The stock was sold at an average price of $39.25, for a total transaction of $151,897.50.
- On Friday, October 27th, Jerry Dean Mcvicker sold 3,599 shares of MutualFirst Financial stock. The stock was sold at an average price of $40.03, for a total transaction of $144,067.97.
Shares of MutualFirst Financial Inc. (NASDAQ:MFSF) opened at $38.40 on Friday. MutualFirst Financial Inc. has a fifty-two week low of $29.20 and a fifty-two week high of $40.50. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.44. The firm has a market cap of $279.32, a PE ratio of 20.43, a PEG ratio of 3.48 and a beta of 0.33.
MutualFirst Financial (NASDAQ:MFSF) last posted its earnings results on Tuesday, October 24th. The bank reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. MutualFirst Financial had a net margin of 18.68% and a return on equity of 9.73%. The firm had revenue of $16.70 million for the quarter, compared to the consensus estimate of $17.00 million. research analysts anticipate that MutualFirst Financial Inc. will post 1.94 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 8th were issued a $0.18 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This is an increase from MutualFirst Financial’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.88%. MutualFirst Financial’s payout ratio is 38.30%.
Several institutional investors have recently bought and sold shares of MFSF. Russell Investments Group Ltd. bought a new stake in shares of MutualFirst Financial in the 3rd quarter worth about $101,000. First Quadrant L P CA purchased a new position in shares of MutualFirst Financial during the 3rd quarter worth about $112,000. Nationwide Fund Advisors boosted its stake in shares of MutualFirst Financial by 9.7% during the 2nd quarter. Nationwide Fund Advisors now owns 3,371 shares of the bank’s stock worth $120,000 after purchasing an additional 298 shares during the period. Bank of America Corp DE boosted its stake in shares of MutualFirst Financial by 424.4% during the 1st quarter. Bank of America Corp DE now owns 3,933 shares of the bank’s stock worth $124,000 after purchasing an additional 3,183 shares during the period. Finally, Advisor Group Inc. purchased a new position in shares of MutualFirst Financial during the 2nd quarter worth about $141,000. Hedge funds and other institutional investors own 47.49% of the company’s stock.
A number of research firms recently weighed in on MFSF. BidaskClub cut shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research cut shares of MutualFirst Financial from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 13th. ValuEngine downgraded shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $36.00 price target on shares of MutualFirst Financial in a report on Sunday, October 8th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $38.67.
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About MutualFirst Financial
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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