Strs Ohio trimmed its position in MainSource Financial Group Inc. (NASDAQ:MSFG) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,500 shares of the financial services provider’s stock after selling 1,500 shares during the period. Strs Ohio’s holdings in MainSource Financial Group were worth $816,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new position in shares of MainSource Financial Group in the fourth quarter worth $866,000. Schwab Charles Investment Management Inc. boosted its holdings in MainSource Financial Group by 6.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 129,547 shares of the financial services provider’s stock valued at $4,704,000 after acquiring an additional 7,294 shares in the last quarter. California Public Employees Retirement System boosted its holdings in MainSource Financial Group by 5.8% in the third quarter. California Public Employees Retirement System now owns 45,331 shares of the financial services provider’s stock valued at $1,626,000 after acquiring an additional 2,478 shares in the last quarter. Virtu Financial LLC bought a new stake in MainSource Financial Group in the third quarter valued at $386,000. Finally, Magnetar Financial LLC bought a new stake in MainSource Financial Group in the third quarter valued at $14,000,000. 58.08% of the stock is currently owned by institutional investors.

In other MainSource Financial Group news, Director Vince Berta bought 1,000 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were purchased at an average price of $38.20 per share, for a total transaction of $38,200.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 4.79% of the company’s stock.

Several analysts recently weighed in on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $40.00 price target on shares of MainSource Financial Group in a report on Wednesday, November 1st. BidaskClub cut shares of MainSource Financial Group from a “buy” rating to a “hold” rating in a report on Friday, December 22nd. Finally, Zacks Investment Research upgraded shares of MainSource Financial Group from a “hold” rating to a “strong-buy” rating and set a $43.00 price target on the stock in a report on Saturday, December 30th.

Shares of MainSource Financial Group Inc. (MSFG) opened at $38.60 on Thursday. The firm has a market cap of $972.27, a price-to-earnings ratio of 18.01 and a beta of 0.92. MainSource Financial Group Inc. has a fifty-two week low of $30.82 and a fifty-two week high of $40.84. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 1.20.

MainSource Financial Group (NASDAQ:MSFG) last released its quarterly earnings results on Friday, January 26th. The financial services provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The company had revenue of $51.48 million during the quarter. MainSource Financial Group had a net margin of 23.33% and a return on equity of 10.81%. equities analysts expect that MainSource Financial Group Inc. will post 2.62 EPS for the current year.

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About MainSource Financial Group

MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.

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Institutional Ownership by Quarter for MainSource Financial Group (NASDAQ:MSFG)

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