Stieven Capital Advisors L.P. Grows Stock Holdings in MidWestOne Financial Group, Inc. $MOFG

Stieven Capital Advisors L.P. lifted its stake in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) by 31.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 205,200 shares of the financial services provider’s stock after purchasing an additional 49,600 shares during the period. MidWestOne Financial Group comprises about 1.5% of Stieven Capital Advisors L.P.’s holdings, making the stock its 27th largest holding. Stieven Capital Advisors L.P. owned about 0.99% of MidWestOne Financial Group worth $7,900,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Federated Hermes Inc. increased its position in shares of MidWestOne Financial Group by 129.2% during the third quarter. Federated Hermes Inc. now owns 1,242 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 700 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of MidWestOne Financial Group by 12,135.7% during the third quarter. Russell Investments Group Ltd. now owns 1,713 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 1,699 shares in the last quarter. Signaturefd LLC increased its position in shares of MidWestOne Financial Group by 402.1% during the fourth quarter. Signaturefd LLC now owns 2,124 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 1,701 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of MidWestOne Financial Group by 65.0% during the third quarter. BNP Paribas Financial Markets now owns 3,298 shares of the financial services provider’s stock worth $93,000 after purchasing an additional 1,299 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of MidWestOne Financial Group during the second quarter worth about $98,000. 65.42% of the stock is owned by hedge funds and other institutional investors.

MidWestOne Financial Group Price Performance

MOFG opened at $49.31 on Friday. The business’s 50-day simple moving average is $49.31 and its 200-day simple moving average is $45.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.85 and a current ratio of 0.85. MidWestOne Financial Group, Inc. has a one year low of $25.75 and a one year high of $49.69. The stock has a market capitalization of $1.02 billion, a P/E ratio of 17.55 and a beta of 1.07.

About MidWestOne Financial Group

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.