New York Life Investment Management LLC Takes Position in MidWestOne Financial Group, Inc. $MOFG

New York Life Investment Management LLC acquired a new stake in shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,156 shares of the financial services provider’s stock, valued at approximately $930,000. New York Life Investment Management LLC owned about 0.12% of MidWestOne Financial Group at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Federated Hermes Inc. grew its holdings 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 valued at $35,000 after buying an additional 700 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of MidWestOne Financial Group by 8.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,382 shares of the financial services provider’s stock valued at $337,000 after buying an additional 841 shares during the last quarter. Invesco Ltd. grew its holdings in shares of MidWestOne Financial Group by 2.9% during the second quarter. Invesco Ltd. now owns 30,485 shares of the financial services provider’s stock valued at $877,000 after buying an additional 848 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of MidWestOne Financial Group by 4.8% during the second quarter. Rhumbline Advisers now owns 26,265 shares of the financial services provider’s stock valued at $756,000 after buying an additional 1,206 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings 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 valued at $93,000 after buying an additional 1,299 shares during the last quarter. 65.42% of the stock is owned by hedge funds and other institutional investors.

MidWestOne Financial Group Price Performance

Shares of MOFG opened at $49.31 on Wednesday. The firm has a market capitalization of $1.02 billion, a PE ratio of 17.55 and a beta of 1.07. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.85 and a quick ratio of 0.85. MidWestOne Financial Group, Inc. has a 1-year low of $25.75 and a 1-year high of $49.69. The company’s fifty day moving average price is $49.31 and its 200-day moving average price is $44.99.

About MidWestOne Financial Group

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.