Investors sentiment increased to 1.58 in Q2 2018. Its up 0.45, from 1.13 in 2018Q1. It increased, as 10 investors sold First Midwest Bancorp, Inc. shares while 45 reduced holdings. 20 funds opened positions while 67 raised stakes. 83.28 million shares or 1.73% less from 84.74 million shares in 2018Q1 were reported.
Dimensional Fund Advsrs L P, a Texas-based fund reported 6.69M shares. Banc Funds Com Limited Com holds 0.65% or 492,836 shares. First Financial Corporation In accumulated 9,555 shares. Northwestern Mutual Wealth Mgmt has 311 shares. Raymond James And Associate accumulated 67,644 shares. 10,239 were accumulated by Bnp Paribas Arbitrage. Convergence Invest Prtnrs Ltd owns 44,452 shares or 0.16% of their US portfolio. Teachers Retirement System Of The State Of Kentucky stated it has 0.01% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Aqr Mgmt Limited Company has invested 0% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Moreover, Int has 0.01% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Ameritas Prns Inc holds 0.03% in First Midwest Bancorp, Inc. (NASDAQ:FMBI) or 22,204 shares. Envestnet Asset Management accumulated 0% or 287 shares. The Massachusetts-based State Street Corporation has invested 0.01% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Glenmede Na has invested 0.11% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Dalton Greiner Hartman Maher & Co invested in 0.6% or 456,990 shares.
Since June 1, 2018, it had 1 buying transaction, and 1 insider sale for $3,578 activity. On Monday, October 29 the insider Modruson Frank Blaise bought $100,123.
First Midwest Bancorp, Inc. (NASDAQ:FMBI) Ratings Coverage
Among 3 analysts covering First Midwest Bancorp (NASDAQ:FMBI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. First Midwest Bancorp had 3 analyst reports since June 8, 2018 according to SRatingsIntel. Raymond James maintained the stock with “Outperform” rating in Thursday, October 25 report. The company was downgraded on Friday, June 8 by Stephens. PiperJaffray maintained the stock with “Overweight” rating in Friday, July 27 report. Below is a list of First Midwest Bancorp, Inc. (NASDAQ:FMBI) latest ratings and price target changes.
25/10/2018 Broker: Raymond James Old Rating: Outperform New Rating: Outperform Old Target: $29 New Target: $25 Maintain
27/07/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Overweight Old Target: $30 New Target: $31 Maintain
08/06/2018 Broker: Stephens Rating: Hold New Target: $28.0000 Downgrade
The stock decreased 3.09% or $0.71 during the last trading session, reaching $22.3. About 449,091 shares traded or 2.67% up from the average. First Midwest Bancorp, Inc. (NASDAQ:FMBI) has risen 19.90% since November 14, 2017 and is uptrending. It has outperformed by 4.28% the S&P500.
First Midwest Bancorp, Inc. operates as a bank holding firm for First Midwest Bank that provides various banking services and products. The company has market cap of $2.37 billion. The firm accepts various deposits, such as checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. It has a 22.28 P/E ratio. The Company’s loan products include working capital loans and lines of credit; accounts receivable financing; inventory and equipment financing; sector lending, including leasing, healthcare, asset lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and auto loans.
More news for First Midwest Bancorp, Inc. (NASDAQ:FMBI) were recently published by: Globenewswire.com, which released: “First Midwest Bancorp, Inc. Announces 2018 Third Quarter Results” on October 23, 2018. Seekingalpha.com‘s article titled: “First Midwest Bancorp, Inc. (FMBI) CEO Mike Scudder on Q3 2018 Results – Earnings Call Transcript” and published on October 24, 2018 is yet another important article.