Shares of MutualFirst Financial, Inc. (NASDAQ:MFSF) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $30.77 and traded as high as $32.19. MutualFirst Financial shares last traded at $31.90, with a volume of 3,124 shares changing hands.

A number of research analysts have recently weighed in on MFSF shares. BidaskClub lowered MutualFirst Financial from a “buy” rating to a “hold” rating in a report on Thursday, July 11th. Zacks Investment Research upgraded MutualFirst Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, July 30th.

The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 1.28. The company has a 50-day moving average of $32.16 and a 200 day moving average of $30.77. The firm has a market capitalization of $268.75 million, a PE ratio of 13.16, a PEG ratio of 2.48 and a beta of 0.72.

MutualFirst Financial (NASDAQ:MFSF) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.04. The company had revenue of $21.75 million for the quarter, compared to the consensus estimate of $21.55 million. MutualFirst Financial had a return on equity of 10.65% and a net margin of 20.40%. As a group, equities analysts anticipate that MutualFirst Financial, Inc. will post 2.55 EPS for the current fiscal year.

In other news, SVP Sharon L. Ferguson sold 5,500 shares of MutualFirst Financial stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $32.00, for a total transaction of $176,000.00. Following the completion of the sale, the senior vice president now owns 4,400 shares of the company’s stock, valued at $140,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael J. Marien sold 3,800 shares of MutualFirst Financial stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $30.90, for a total transaction of $117,420.00. Following the sale, the director now directly owns 51,750 shares of the company’s stock, valued at approximately $1,599,075. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,375 shares of company stock valued at $743,689. 27.40% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA grew its stake in shares of MutualFirst Financial by 510.5% in the first quarter. BNP Paribas Arbitrage SA now owns 1,221 shares of the bank’s stock worth $37,000 after acquiring an additional 1,021 shares during the last quarter. LSV Asset Management bought a new position in shares of MutualFirst Financial in the second quarter valued at about $51,000. Acadian Asset Management LLC raised its holdings in shares of MutualFirst Financial by 440.8% in the second quarter. Acadian Asset Management LLC now owns 2,985 shares of the bank’s stock valued at $102,000 after buying an additional 2,433 shares during the last quarter. Bank of America Corp DE increased its position in MutualFirst Financial by 80.6% in the fourth quarter. Bank of America Corp DE now owns 3,945 shares of the bank’s stock worth $106,000 after purchasing an additional 1,761 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in MutualFirst Financial in the first quarter worth about $142,000. 48.28% of the stock is owned by institutional investors.

MutualFirst Financial Company Profile (NASDAQ:MFSF)

MutualFirst Financial, Inc operates as the bank holding company for MutualBank that provides various financial services in the United States. It accepts savings deposit, NOW, and demand accounts, as well as certificates of deposit. The company offers one-to-four family residential property, commercial real estate, construction and development, and commercial business loans; consumer loans, such as auto loans, boat and recreational vehicle loans, loans secured by savings deposits, and credit card and unsecured consumer loans; and adjustable rate loans.

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