Sei Investments Co. acquired a new position in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,693 shares of the financial services provider’s stock, valued at approximately $355,000. Sei Investments Co. owned approximately 0.10% of MidWestOne Financial Group at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Trutina Financial LLC bought a new stake in shares of MidWestOne Financial Group during the second quarter worth approximately $434,000. California State Teachers Retirement System raised its stake in shares of MidWestOne Financial Group by 3.8% in the second quarter. California State Teachers Retirement System now owns 17,309 shares of the financial services provider’s stock worth $494,000 after buying an additional 631 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of MidWestOne Financial Group by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 40,152 shares of the financial services provider’s stock worth $1,147,000 after buying an additional 1,787 shares in the last quarter. Teachers Advisors Inc. raised its stake in shares of MidWestOne Financial Group by 9.2% in the second quarter. Teachers Advisors Inc. now owns 13,210 shares of the financial services provider’s stock worth $377,000 after buying an additional 1,116 shares in the last quarter. Finally, American International Group Inc. raised its stake in shares of MidWestOne Financial Group by 3.0% in the second quarter. American International Group Inc. now owns 4,751 shares of the financial services provider’s stock worth $136,000 after buying an additional 140 shares in the last quarter. 22.20% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)

Shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) traded up 2.02% during trading on Friday, hitting $36.79. The stock had a trading volume of 15,410 shares. MidWestOne Financial Group, Inc. has a 52-week low of $24.71 and a 52-week high of $39.20. The stock has a 50 day moving average of $36.31 and a 200 day moving average of $31.43. The firm has a market cap of $420.69 million, a PE ratio of 17.01 and a beta of 1.32.

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Separately, Zacks Investment Research upgraded MidWestOne Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, November 29th.

About MidWestOne Financial Group

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 MidWestOne Bank and Central Bank provide service retail banking in the communities in which their respective branch offices are located.

5 Day Chart for NASDAQ:MOFG

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