Stephen West, director of MidWestOne Financial Group, Inc. (MOFG) Just Invested in Shares; Advent Capital Management Has Decreased Verizon Communications (VZ) Stake By $1.96 Million

After the disclosing of a legal form filled with Washington-based Security and Exchange Commission; a new insider purchase became apparent. The director of Midwestone Financial Group Inc, Stephen West; completed a trade in the open market by accumulating 3,000 shares at an avg. market stock price per share of $33.0 of the stock exchange listed company having a value near $99,055 U.S Dollars. Today, he owns 34,193 shares or 0.28% of the company’s market cap.

Advent Capital Management decreased Verizon Communications Inc (VZ) stake by 24.24% reported in 2017Q3 SEC filing. Advent Capital Management sold 40,000 shares as Verizon Communications Inc (VZ)’s stock declined 7.66%. The Advent Capital Management holds 125,000 shares with $6.19 million value, down from 165,000 last quarter. Verizon Communications Inc now has $205.70B valuation. The stock decreased 0.14% or $0.07 during the last trading session, reaching $50.43. About 5.61 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 6, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Advent Capital Management increased Welltower Inc stake by 74,915 shares to 273,000 valued at $17.26M in 2017Q3. It also upped Nuvasive Inc (Prn) stake by 4.21 million shares and now owns 19.58M shares. Dycom Industries Inc (Prn) was raised too.

Since August 28, 2017, it had 0 buys, and 3 sales for $89,365 activity. SILLIMAN CRAIG L. also sold $29,677 worth of Verizon Communications Inc. (NYSE:VZ) on Monday, August 28.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Argus Research to “Hold” on Friday, April 21. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, April 18. The firm has “Buy” rating by Bank of America given on Friday, October 20. The stock has “Buy” rating by Scotia Capital on Monday, January 22. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Wednesday, January 24 by JP Morgan. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 25. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, January 2. The firm has “Outperform” rating by FBR Capital given on Wednesday, October 21. Citigroup upgraded the stock to “Buy” rating in Tuesday, January 3 report. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) on Thursday, October 19 with “Hold” rating.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. M holds 0.47% or 29,918 shares. Fiduciary Finance Service Of The Southwest Tx holds 1.25% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 84,456 shares. Alliancebernstein Limited Partnership invested in 0.4% or 10.89M shares. Mitsubishi Ufj Trust And Corporation has invested 0.83% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Manchester Management Limited Company invested 0.08% in Verizon Communications Inc. (NYSE:VZ). The Colorado-based Employees Retirement Association Of Colorado has invested 0.26% in Verizon Communications Inc. (NYSE:VZ). Parsec Mngmt Inc invested in 119,661 shares. Gould Asset Management Limited Liability Corporation Ca has 0.09% invested in Verizon Communications Inc. (NYSE:VZ). Penobscot Invest Mngmt Inc has invested 0.52% in Verizon Communications Inc. (NYSE:VZ). Brave Asset Mgmt reported 9,218 shares. Exchange Mngmt holds 0.72% in Verizon Communications Inc. (NYSE:VZ) or 44,112 shares. Arcadia Corp Mi holds 0.05% or 3,400 shares. Hamel Associates invested in 1.26% or 52,274 shares. D L Carlson owns 43,747 shares or 0.67% of their US portfolio. Cim Investment Mangement reported 30,375 shares or 0.55% of all its holdings.

Among 4 analysts covering MidWestOne Financial Group (NASDAQ:MOFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MidWestOne Financial Group has $41.0 highest and $36.0 lowest target. $38.25’s average target is 18.09% above currents $32.39 stock price. MidWestOne Financial Group had 8 analyst reports since April 6, 2017 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Tuesday, December 19 with “Hold”. The company was maintained on Thursday, October 26 by Piper Jaffray. Piper Jaffray maintained the stock with “Hold” rating in Thursday, July 27 report. Sandler O’Neill maintained MidWestOne Financial Group, Inc. (NASDAQ:MOFG) on Thursday, January 18 with “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $4000 target in Tuesday, August 8 report. The firm has “Buy” rating given on Friday, December 22 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Buy” rating and $4000 target in Thursday, June 22 report.

The stock increased 2.69% or $0.85 during the last trading session, reaching $32.39. About 1,891 shares traded. MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has risen 22.57% since February 6, 2017 and is uptrending. It has outperformed by 5.87% the S&P500.

Since August 22, 2017, it had 8 insider purchases, and 2 sales for $56,744 activity. 200 shares were bought by Stanoch Ruth E, worth $6,624 on Thursday, February 1. On Thursday, February 1 Funk Charles N bought $16,516 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 500 shares. On Tuesday, August 22 WEISE KURT R sold $29,257 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 889 shares. On Tuesday, January 30 the insider Kramer Kevin E bought $33,338. Shares for $16,516 were bought by Monson Kevin W. Another trade for 250 shares valued at $8,275 was made by McCormick Tracy S on Wednesday, January 31. 400 shares were bought by DONOHUE RICHARD R, worth $13,283.

Analysts await MidWestOne Financial Group, Inc. (NASDAQ:MOFG) to report earnings on March, 1. MOFG’s profit will be $7.58 million for 13.06 P/E if the $0.62 EPS becomes a reality. After $0.52 actual EPS reported by MidWestOne Financial Group, Inc. for the previous quarter, Wall Street now forecasts 19.23% EPS growth.

MidWestOne Financial Group, Inc. operates as the bank holding firm for MidWestOne Bank that provides commercial and retail banking services and products to individuals, businesses, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, and Florida. The company has market cap of $395.79 million. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits. It has a 20.9 P/E ratio. The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans.

Investors sentiment increased to 2.59 in 2017 Q3. Its up 1.16, from 1.43 in 2017Q2. It increased, as 6 investors sold MidWestOne Financial Group, Inc. shares while 11 reduced holdings. 15 funds opened positions while 29 raised stakes. 5.56 million shares or 0.36% less from 5.58 million shares in 2017Q2 were reported. At National Bank & Trust accumulated 280,861 shares or 1.08% of the stock. Moreover, Emerald Mutual Fund Advisers Trust has 0.21% invested in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 150,908 shares. Sei stated it has 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Alliancebernstein Limited Partnership stated it has 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Bessemer Grp holds 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 16,300 shares. Invesco has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). reported 7,485 shares stake. Pinnacle Holding Co holds 0.13% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 10,229 shares. Bridgeway Cap Mngmt holds 48,160 shares. State Street Corporation invested in 175,590 shares. Cornerstone Capital Mngmt Limited Liability has 0.01% invested in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Ameritas Investment Incorporated owns 980 shares for 0% of their portfolio. Cornercap Invest Counsel holds 0.1% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 20,695 shares. Blackrock Incorporated holds 520,653 shares. Vanguard Group holds 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) for 444,346 shares.