Economy

Do Institutional Investors Love First Midwest Bancorp Inc (NASDAQ:FMBI)?

Endeavour Capital Advisors Inc bought 285,345 shares as the company's stock declined 9.42% while stock markets rallied. The Firm operates through two divisions: Pay-TV and Broadband, and Wireless. It has a 19.62 P/E ratio. It offers pay-TV services under the DISH brand and the Sling brand. Piper Jaffray Companies upgraded First Midwest Bancorp from a "neutral" rating to an "overweight" rating and increased their price target for the company from $25.00 to $26.00 in a report on Monday, July 24th. On average, analysts predict that First Midwest Bancorp will post $1.30 EPS for the current year. About shares traded. First Midwest Bancorp Inc (NASDAQ:FMBI) has risen 25.46% since September 28, 2016 and is uptrending. It has outperformed by 8.76% the S&P500.

Investors sentiment increased to 1.45 in 2017 Q2. Its down 0.02, from 1.38 in 2017Q1. Sold All: 15 Reduced: 51 Increased: 70 New Position: 26. The value of the company's investment in First Midwest Bancorp, Inc. went from $73,000 to $103,000 increasing 41.1% quarter to quarter. South Dakota Council accumulated 95,800 shares. Pub Sector Pension Investment Board reported 0.01% of its portfolio in First Midwest Bancorp Inc (NASDAQ:FMBI).

04/08/2016 - D.A. Davidson began new coverage on First Midwest Bancorp, Inc. giving the company a "neutral" rating. Segall Bryant & Hamill Limited Liability Company owns 15,737 shares for 0.01% of their portfolio. Dimensional Fund Advisors Ltd Partnership owns 5.88M shares or 0.06% of their United States portfolio. Arizona State Retirement Systems accumulated 42,345 shares. Price T Rowe Assoc Inc Md holds 33,480 shares. Northwestern Mutual Wealth owns 0% invested in Antero Resources Corp (NYSE:AR) for 166 shares. Ubs Asset Management Americas holds 0% or 46,259 shares in its portfolio. Invesco Ltd invested in 620,376 shares. Banc Funds Ltd Liability Corp has 1.23% invested in First Midwest Bancorp Inc (NASDAQ:FMBI) for 1.16M shares.

Proshare Advisors Ltd Limited Liability Company invested 0% in First Midwest Bancorp Inc (NASDAQ:FMBI). The Business's principal subsidiary, First Midwest Bank (the Bank), is an IL state-chartered bank and provides a range of banking, treasury and wealth management products and services, to commercial and industrial, commercial real estate, municipal and consumer customers. It has a 20.04 P/E ratio. As of December 31, 2016, the Bank operated primarily throughout the Chicago metropolitan area, as well as northwest IN, central and western IL, and eastern Iowa through 117 banking locations. The correct version of this story can be viewed at https://weekherald.com/2017/09/27/first-midwest-bancorp-inc-fmbi-rating-increased-to-hold-at-zacks-investment-research.html. Therefore 50% are positive. Finally, Jefferies Group LLC restated a "buy" rating and set a $28.00 price objective on shares of First Midwest Bancorp in a report on Sunday, December 11th.

In related news, Director Patrick J. Mcdonnell sold 3,500 shares of First Midwest Bancorp stock in a transaction on Friday, September 15th. The stock of First Midwest Bancorp Inc (NASDAQ:FMBI) earned "Buy" rating by Jefferies on Friday, June 9. Jefferies maintained it with "Buy" rating and $2700 target in Friday, June 9 report. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. FMBI was included in 12 notes of analysts from July 24, 2015. Jefferies has "Buy" rating and $27.0 target.

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $72,180 activity. Brown Thomas Lynn bought $72,180 worth of stock.

FMBI has been the topic of several analyst reports. Fifth Third Retail Bank reported 78 shares or 0% of all its holdings. DISH's profit will be $284.35 million for 21.85 P/E if the $0.61 EPS becomes a reality. Next quarter's EPS is estimated at $0.37 with next year's EPS projected to be $1.61. Volume was down 99.55% under the stocks average daily volume. About 656,655 shares traded.

Ratings analysis reveals 50% of DISH Network's analysts are positive. The stock's average target of $23.50 is 2.44% above today's ($22.94) share price. The stock has "Overweight" rating by PiperJaffray on Monday, July 24. The rating was maintained by Pivotal Research with "Buy" on Thursday, November 10. The stock of Antero Resources Corp (NYSE:AR) has "Hold" rating given on Thursday, September 21 by Scotia Capital. First Mercantile Comm owns 15,113 shares for 0.06% of their portfolio. Moreover, Tourbillon Capital Partners L.P. has 5.52% invested in the company for 4.57 million shares. Dalton Greiner Hartman Maher & Co, a New York-based fund reported 821,497 shares.#img1#.



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