Stieven Capital Advisors L.P. boosted its stake in MidWestOne Financial Group, Inc. (NASDAQ:MOFG – Free Report) by 31.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,200 shares of the financial services provider’s stock after acquiring an additional 49,600 shares during the period. MidWestOne Financial Group accounts for about 1.5% of Stieven Capital Advisors L.P.’s holdings, making the stock its 27th biggest position. Stieven Capital Advisors L.P.’s holdings in MidWestOne Financial Group were worth $7,900,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in MOFG. AQR Capital Management LLC increased its position in MidWestOne Financial Group by 242.2% in the 1st quarter. AQR Capital Management LLC now owns 40,228 shares of the financial services provider’s stock valued at $1,191,000 after acquiring an additional 28,473 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in MidWestOne Financial Group by 8.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,382 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 841 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in MidWestOne Financial Group by 16.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 531,724 shares of the financial services provider’s stock valued at $15,744,000 after purchasing an additional 76,368 shares in the last quarter. Empowered Funds LLC boosted its holdings in MidWestOne Financial Group by 8.4% in the 1st quarter. Empowered Funds LLC now owns 68,431 shares of the financial services provider’s stock valued at $2,026,000 after purchasing an additional 5,294 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in MidWestOne Financial Group by 125.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 138,212 shares of the financial services provider’s stock valued at $3,976,000 after purchasing an additional 76,966 shares in the last quarter. Institutional investors and hedge funds own 65.42% of the company’s stock.
MidWestOne Financial Group Price Performance
Shares of MOFG opened at $49.31 on Friday. MidWestOne Financial Group, Inc. has a twelve month low of $25.75 and a twelve month high of $49.69. The stock’s 50 day moving average is $49.31 and its two-hundred day moving average is $45.19. The firm has a market capitalization of $1.02 billion, a PE ratio of 17.55 and a beta of 1.07. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.16.
MidWestOne Financial Group Company Profile
MidWestOne Financial Group, Inc (NASDAQ: MOFG) is a registered bank holding company headquartered in West Des Moines, Iowa. Through its principal subsidiary, MidWestOne Bank, the company provides a comprehensive range of commercial and consumer banking products and services. Its commercial banking division offers business lending solutions, including commercial real estate loans, business lines of credit, equipment financing and treasury management services. For individual customers, MidWestOne delivers checking and savings accounts, home mortgage and home equity loans, and personal lending solutions.
Beyond traditional banking, MidWestOne offers trust, wealth management and insurance services through specialized teams of financial advisors.
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