Versor Investments LP Acquires Shares of 70,444 MidWestOne Financial Group, Inc. $MOFG

Versor Investments LP acquired a new stake in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 70,444 shares of the financial services provider’s stock, valued at approximately $2,712,000. Versor Investments LP owned about 0.34% of MidWestOne Financial Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Federated Hermes Inc. boosted its position in shares of MidWestOne Financial Group by 129.2% during the third quarter. Federated Hermes Inc. now owns 1,242 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 700 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of MidWestOne Financial Group by 12,135.7% during the third quarter. Russell Investments Group Ltd. now owns 1,713 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 1,699 shares in the last quarter. Signaturefd LLC boosted its position in shares of MidWestOne Financial Group by 402.1% during the fourth quarter. Signaturefd LLC now owns 2,124 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 1,701 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of MidWestOne Financial Group by 65.0% during the third quarter. BNP Paribas Financial Markets now owns 3,298 shares of the financial services provider’s stock worth $93,000 after purchasing an additional 1,299 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of MidWestOne Financial Group during the second quarter worth $98,000. 65.42% of the stock is owned by institutional investors.

MidWestOne Financial Group Stock Performance

Shares of NASDAQ MOFG opened at $49.31 on Tuesday. The company’s fifty day moving average is $49.31 and its 200-day moving average is $44.37. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 17.55 and a beta of 1.07. MidWestOne Financial Group, Inc. has a twelve month low of $25.75 and a twelve month high of $49.69. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.16.

MidWestOne Financial Group Profile

MidWestOne Financial Group, Inc (NASDAQ: MOFG) is a registered bank holding company headquartered in West Des Moines, Iowa. Through its principal subsidiary, MidWestOne Bank, the company provides a comprehensive range of commercial and consumer banking products and services. Its commercial banking division offers business lending solutions, including commercial real estate loans, business lines of credit, equipment financing and treasury management services. For individual customers, MidWestOne delivers checking and savings accounts, home mortgage and home equity loans, and personal lending solutions.

Beyond traditional banking, MidWestOne offers trust, wealth management and insurance services through specialized teams of financial advisors.