First Midwest Bancorp Inc (FMBI) : Dalton Greiner Hartman Maher Co reduced its stake in First Midwest Bancorp Inc by 7.03% during the most recent quarter end. The investment management company now holds a total of 867,063 shares of First Midwest Bancorp Inc which is valued at $16,344,138 after selling 65,548 shares in First Midwest Bancorp Inc , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.First Midwest Bancorp Inc makes up approximately 1.08% of Dalton Greiner Hartman Maher Co’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in FMBI in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 71,100 shares of First Midwest Bancorp Inc which is valued at $1,376,496. First Midwest Bancorp Inc makes up approx 0.02% of Nisa Investment Advisors’s portfolio.Legal General Group Plc boosted its stake in FMBI in the latest quarter, The investment management firm added 60,111 additional shares and now holds a total of 78,910 shares of First Midwest Bancorp Inc which is valued at $1,527,698.
First Midwest Bancorp Inc closed down -0.26 points or -1.33% at $19.36 with 2,80,248 shares getting traded on Tuesday. Post opening the session at $19.59, the shares hit an intraday low of $19.25 and an intraday high of $19.71 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, First Midwest Bancorp Inc reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.30.Analysts expectations of $ 126.52.During the same quarter in the previous year, the company posted $0.29 EPS.
First Midwest Bancorp Inc. is an independent publicly-traded banking company. Its principal subsidiary First Midwest Bank (the Bank) is a state-chartered bank and provides banking and wealth management services to commercial and industrial commercial real estate municipal and consumer customers primarily throughout the greater Chicago metropolitan area as well as northwest Indiana central and western Illinois and eastern Iowa. Through its subsidiaries the Company offers equipment leasing commercial financing and wealth management services. The Bank originates commercial and industrial agricultural commercial real estate and consumer loans. The Companys subsidiaries also include First Midwest Equipment Finance Co. First Midwest Securities Management LLC LIH Holdings LLC Synergy Property Holdings LLC First Midwest Holdings Inc. Catalyst Asset Holdings LLC and Parasol Investment Management LLC.