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Middleburg Financial Corp. (NASDAQ:MBRG) major shareholder David L. Sokol purchased 16,801 shares of the stock on the open market in a transaction that occurred on Thursday, February 6th. The shares were purchased at an average price of $18.05 per share, for a total transaction of $303,258.05. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Middleburg Financial Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, December 27th. They now have a $19.40 price target on the stock.

Shares of Middleburg Financial Corp. (NASDAQ:MBRG) traded up 0.33% during mid-day trading on Thursday, hitting $18.31. The stock had a trading volume of 6,535 shares. Middleburg Financial Corp. has a 1-year low of $16.38 and a 1-year high of $21.81. The stock has a 50-day moving average of $18.42 and a 200-day moving average of $19.31.

Middleburg Financial Corp. (NASDAQ:MBRG) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.02. Analysts expect that Middleburg Financial Corp. will post $0.86 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of 0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, February 12th.

Middleburg Financial Corporation is a bank holding company. The Company conducts its primary operations through two wholly owned subsidiaries, Middleburg Bank and Middleburg Investment Group, Inc The Company has one other wholly owned subsidiary, MFC Capital Trust II, which is a Delaware Business Trust.

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