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MB Financial (NASDAQ:MBFI) CEO Mitchell Feiger unloaded 9,300 shares of MB Financial stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $28.71, for a total value of $267,003.00. Following the completion of the transaction, the chief executive officer now directly owns 77,121 shares in the company, valued at approximately $2,214,144. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of MB Financial (NASDAQ:MBFI) traded up 1.34% on Tuesday, hitting $28.67. 302,548 shares of the company’s stock traded hands. MB Financial has a one year low of $24.44 and a one year high of $32.85. The stock’s 50-day moving average is $27.34 and its 200-day moving average is $28.45. The company has a market cap of $1.567 billion and a price-to-earnings ratio of 17.15.

MB Financial (NASDAQ:MBFI) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.03. Analysts expect that MB Financial will post $1.69 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Thursday, September 11th.

Separately, analysts at Sterne Agee upgraded shares of MB Financial from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 9th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. MB Financial currently has a consensus rating of “Hold” and an average price target of $31.60.

MB Financial, Inc (NASDAQ:MBFI) is a financial holding company.

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