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Middleburg Financial Corp. (NASDAQ:MBRG) major shareholder David L. Sokol purchased 10,315 shares of Middleburg Financial Corp. stock in a transaction that occurred on Friday, February 14th. The stock was purchased at an average cost of $17.92 per share, for a total transaction of $184,844.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

MBRG has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Middleburg Financial Corp. from a “neutral” rating to an “outperform” rating in a research note on Monday, February 10th. They now have a $19.40 price target on the stock.

Shares of Middleburg Financial Corp. (NASDAQ:MBRG) opened at 18.48 on Tuesday. Middleburg Financial Corp. has a 1-year low of $16.38 and a 1-year high of $21.81. The stock’s 50-day moving average is $18.37 and its 200-day moving average is $19.16. The company has a market cap of $130.8 million and a price-to-earnings ratio of 20.09.

Middleburg Financial Corp. (NASDAQ:MBRG) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters 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 announced a quarterly dividend, which is scheduled for Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.52%. The ex-dividend date 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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