Latest Stocks: First Midwest Bancorp Inc (FMBI) Announces Quarterly Dividend of $0.10

Gladys Abbott
June 12, 2017

First Midwest Bancorp has a one year low of $15.86 and a one year high of $25.83. During the same quarter in the prior year, the business earned $0.27 earnings per share. First Midwest Bancorp's dividend payout ratio is presently 31.58%. The stock increased 4.16% or $2.27 during the last trading session, reaching $56.9. Keefe, Bruyette & Woods restated a "hold" rating and set a $25.00 price target on shares of First Midwest Bancorp in a report on Wednesday, April 12th. It has outperformed by 8.76% the S&P500. Jefferies Group LLC's target price suggests a potential upside of 11.29% from the stock's current price. Alexion Pharmaceuticals Inc now has $24.23 billion valuation. Ngam Ltd Partnership invested in 247,126 shares or 0.08% of the stock. About 116 shares traded. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) has declined 18.12% since June 12, 2016 and is downtrending. It has underperformed by 35.98% the S&P500. 215.83 million shares or 2.26% more from 211.05 million shares in 2016Q3 were reported. Livforsakringsbolaget Skandia Omsesidigt has 0.09% invested in Alexion Pharmaceuticals, Inc. (NASDAQ:FMBI) shares have been labeled a top pick by Beta Research as it meets the A+ criteria outlined by the firm. Caisse De Depot Et Placement Du Quebec owns 10,124 shares for 0% of their portfolio. Next Fincl Grp holds 14 shares. The Company's principal subsidiary, First Midwest Bank, is an IL state-chartered bank and provides a range of banking, treasury and wealth management services and products, to commercial and industrial, commercial real estate, municipal and consumer customers. Minnesota-based Advantus Cap Mgmt has invested 0.07% in Alexion Pharmaceuticals, Inc. 3,795 were reported by Commonwealth Equity Ser Incorporated.

Shares of First Midwest Bancorp, Inc. Iguana Healthcare Mngmt Limited Liability Corporation invested in 4.02% or 55,000 shares.

Among 22 analysts covering Alexion Pharmaceuticals Inc. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Therefore 67% are positive. CubeSmart had 21 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Overweight" rating by Barclays Capital on Tuesday, November 29. The stock of Alexion Pharmaceuticals, Inc. The company has an average rating of "Buy" and a consensus target price of $26.75. BMO Capital Markets maintained the shares of CUBE in report on Thursday, March 23 with "Buy" rating. The rating was maintained by Evercore with "Buy" on Tuesday, September 8. Bank of America downgraded CubeSmart (NYSE:CUBE) on Friday, January 20 to "Neutral" rating.

Analysts await Alexion Pharmaceuticals, Inc. This represents a $0.40 annualized dividend and a yield of 1.65%. ALXN's profit will be $252.97 million for 23.95 P/E if the $1.10 EPS becomes a reality. The financial services provider reported $0.34 EPS for the quarter, hitting the Zacks' consensus estimate of $0.34.

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Since February 8, 2017, it had 1 insider buy, and 2 selling transactions for $86,500 activity. Another trade for 167 shares valued at $21,182 was sold by Carmichael Clare. Sei Investments Co. now owns 70,843 shares of the financial services provider's stock valued at $1,678,000 after buying an additional 70,424 shares in the last quarter. (NASDAQ:ALXN) or 167 shares. (NASDAQ:FMBI) opened at 24.26 on Monday. Security Capital Research & Management Inc acquired 261,979 shares as Cubesmart (CUBE)'s stock declined 7.70%.

Among 7 analysts covering First Midwest Bancorp (NASDAQ:FMBI), 3 have Buy rating, 0 Sell and 4 Hold. As per Friday, June 10, the company rating was initiated by Piper Jaffray.

Investors sentiment increased to 1.14 in 2016 Q4. It increased, as 7 investors sold FMBI shares while 66 reduced holdings. BlackRock Inc. increased its stake in shares of First Midwest Bancorp by 49,897.9% in the first quarter. 16,814 are owned by Hsbc Plc. Sumitomo Mitsui Trust Inc owns 179,581 shares or 0.01% of their USA portfolio. Airain stated it has 27,602 shares or 0.06% of all its holdings.

First Midwest Bancorp (NASDAQ:FMBI) last released its quarterly earnings data on Tuesday, April 25th. Finally, Zacks Investment Research lowered First Midwest Bancorp from a "buy" rating to a "hold" rating in a report on Friday, April 28th. Envestnet Asset Management Inc. raised its stake in First Midwest Bancorp by 1.6% in the first quarter. Guggenheim Limited Co holds 0% of its portfolio in First Midwest Bancorp Inc (NASDAQ:FMBI) for 33,757 shares. Wells Fargo And Company Mn, a California-based fund reported 716,304 shares. Blackrock Fund Advsr invested in 6.43M shares. Ameritas Investment Partners Inc. purchased a new position in First Midwest Bancorp during the first quarter valued at $177,000. Thompson Davis & Company reported 109 shares stake. Cna Finance invested in 33,701 shares. Diedrich Robert P sold $181,850 worth of First Midwest Bancorp Inc (NASDAQ:FMBI) on Wednesday, February 8.

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