How Many First Midwest Bancorp, Inc. (NASDAQ:FMBI)’s Analysts Are Bearish?

February 11, 2018 - By Adrian Mccoy

 How Many First Midwest Bancorp, Inc. (NASDAQ:FMBI)'s Analysts Are Bearish?
Investors sentiment increased to 1.57 in Q3 2017. Its up 0.12, from 1.45 in 2017Q2. It increased, as 14 investors sold First Midwest Bancorp, Inc. shares while 46 reduced holdings. 19 funds opened positions while 75 raised stakes. 82.77 million shares or 0.78% more from 82.13 million shares in 2017Q2 were reported.
Invesco Ltd has invested 0.01% of its portfolio in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Denver Invest Advisors Ltd Com invested in 417,893 shares or 0.48% of the stock. National Bank Of Montreal Can has invested 0% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Utd Serv Automobile Association has 944,544 shares for 0.06% of their portfolio. 66,725 are held by Eaton Vance. State Of Alaska Department Of Revenue has invested 0.02% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). California State Teachers Retirement Systems holds 0.01% or 163,457 shares in its portfolio. Foundry Prtn Limited Liability Corp owns 522,622 shares or 0.49% of their US portfolio. Hutchin Hill Cap Lp reported 153,327 shares. Nj State Employees Deferred Compensation Plan reported 0.14% stake. Sterling Mngmt Ltd reported 804,150 shares. Qs Investors Lc invested in 198,296 shares or 0.04% of the stock. Brandywine Glob Investment Management Limited Liability Corporation has invested 0.04% of its portfolio in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Guggenheim Cap Limited Liability Company reported 18,785 shares stake. Ny State Common Retirement Fund invested in 0% or 109,200 shares.

Since September 15, 2017, it had 0 buys, and 2 insider sales for $1.30 million activity. MCDONNELL PATRICK J had sold 3,500 shares worth $76,475.

First Midwest Bancorp, Inc. (NASDAQ:FMBI) Ratings Coverage

Among 9 analysts covering First Midwest Bancorp (NASDAQ:FMBI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. First Midwest Bancorp had 21 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 3 by Piper Jaffray. The stock of First Midwest Bancorp, Inc. (NASDAQ:FMBI) has “Buy” rating given on Friday, October 20 by Jefferies. PiperJaffray upgraded the shares of FMBI in report on Monday, July 24 to “Overweight” rating. Keefe Bruyette & Woods maintained First Midwest Bancorp, Inc. (NASDAQ:FMBI) on Tuesday, October 3 with “Hold” rating. The firm has “Buy” rating given on Friday, June 9 by Jefferies. As per Wednesday, January 3, the company rating was maintained by Sandler O’Neill. The firm has “Buy” rating given on Thursday, December 7 by Jefferies. The stock of First Midwest Bancorp, Inc. (NASDAQ:FMBI) has “Neutral” rating given on Friday, May 13 by Macquarie Research. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. On Tuesday, November 28 the stock rating was maintained by SunTrust with “Buy”. Below is a list of First Midwest Bancorp, Inc. (NASDAQ:FMBI) latest ratings and price target changes.

08/01/2018 Broker: SunTrust Rating: Buy New Target: $28.0 Maintain
03/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $26.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $26.0 Maintain
07/12/2017 Broker: Jefferies Rating: Buy New Target: $28.0 Maintain
01/12/2017 Broker: Piper Jaffray Rating: Buy New Target: $28.0 Maintain
28/11/2017 Broker: SunTrust Rating: Buy New Target: $27.0 Maintain
20/10/2017 Broker: Jefferies Rating: Buy New Target: $27.0 Maintain
03/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $26.0 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $24.0 Maintain
15/09/2017 Broker: Jefferies Rating: Buy New Target: $27.0 Maintain

The stock increased 0.50% or $0.12 during the last trading session, reaching $24.15. About 744,012 shares traded or 9.66% up from the average. First Midwest Bancorp, Inc. (NASDAQ:FMBI) has risen 25.46% since February 11, 2017 and is uptrending. It has outperformed by 8.76% 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 $2.48 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 25.16 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 notable recent First Midwest Bancorp, Inc. (NASDAQ:FMBI) news were published by: Globenewswire.com which released: “First Midwest Bancorp, Inc. Announces Schedule for 2017 Fourth Quarter and …” on January 05, 2018, also Nasdaq.com with their article: “First Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for September 28 …” published on September 27, 2017, Globenewswire.com published: “First Midwest Names Kathleen Carroll as Chief Human Resources Officer” on January 24, 2018. More interesting news about First Midwest Bancorp, Inc. (NASDAQ:FMBI) were released by: Globenewswire.com and their article: “First Midwest Bancorp, Inc. Appoints Michael L. Scudder as Chairman of the …” published on November 15, 2017 as well as Nasdaq.com‘s news article titled: “First Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for December 21 …” with publication date: December 20, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.