MainSource Financial Group Lowered to Hold at Zacks (MSFG)
Shares of MainSource Financial Group (NASDAQ:MSFG) traded up 1.21% during mid-day trading on Friday, hitting $16.72. 6,934 shares of the company’s stock traded hands. MainSource Financial Group has a one year low of $13.22 and a one year high of $18.44. The stock’s 50-day moving average is $17.04 and its 200-day moving average is $16.8. The company has a market cap of $341.8 million and a price-to-earnings ratio of 12.07.
MainSource Financial Group (NASDAQ:MSFG) last released its earnings data on Monday, April 28th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.01. Analysts expect that MainSource Financial Group will post $1.38 EPS for the current fiscal year.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of MainSource Financial Group from $20.00 to $21.00 in a research note on Wednesday, April 9th.
In other MainSource Financial Group news, CEO Archie Brown, Jr. purchased 2,468 shares of MainSource Financial Group stock in a transaction dated Thursday, May 8th. The stock was purchased at an average cost of $16.55 per share, for a total transaction of $40,845.40. Following the completion of the purchase, the chief executive officer now directly owns 42,158 shares of the company’s stock, valued at approximately $697,715. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
MainSource Financial Group, Inc (NASDAQ:MSFG) is a bank holding company.
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