TheStreet lowered shares of MBT Financial (NASDAQ:MBTF) from a b- rating to a c rating in a research report released on Monday, TheStreetRatingsTable reports.

A number of other equities analysts have also commented on the company. BidaskClub lowered MBT Financial from a buy rating to a hold rating in a research note on Thursday, March 7th. ValuEngine lowered MBT Financial from a hold rating to a sell rating in a research note on Thursday, April 25th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of $12.00.

MBT Financial stock opened at $9.80 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $220.92 million, a PE ratio of 23.39 and a beta of 0.45. MBT Financial has a 52 week low of $8.75 and a 52 week high of $12.49.

MBT Financial (NASDAQ:MBTF) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.40). The business had revenue of $3.73 million during the quarter. MBT Financial had a return on equity of 7.66% and a net margin of 16.82%.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Investors of record on Thursday, May 9th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Wednesday, May 8th.

A number of hedge funds have recently added to or reduced their stakes in the stock. Natixis acquired a new stake in shares of MBT Financial during the 1st quarter worth approximately $1,546,000. Renaissance Technologies LLC boosted its position in MBT Financial by 3.8% in the first quarter. Renaissance Technologies LLC now owns 667,447 shares of the financial services provider’s stock valued at $6,688,000 after buying an additional 24,300 shares in the last quarter. Northern Trust Corp boosted its position in MBT Financial by 3.0% in the first quarter. Northern Trust Corp now owns 217,825 shares of the financial services provider’s stock valued at $2,183,000 after buying an additional 6,254 shares in the last quarter. Yakira Capital Management Inc. boosted its position in MBT Financial by 3.8% in the first quarter. Yakira Capital Management Inc. now owns 49,289 shares of the financial services provider’s stock valued at $494,000 after buying an additional 1,789 shares in the last quarter. Finally, Context BH Capital Management LP boosted its position in MBT Financial by 107.7% in the first quarter. Context BH Capital Management LP now owns 58,438 shares of the financial services provider’s stock valued at $586,000 after buying an additional 30,303 shares in the last quarter. 45.67% of the stock is currently owned by institutional investors and hedge funds.

MBT Financial Company Profile

MBT Financial Corp. is a bank holding company, which operates through its subsidiary Monroe Bank & Trust. It offers various deposit products which include checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, IRAs, ATM and night depository facilities, treasury management services, telephone and internet banking, personal trust, employee benefit and investment management services.

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