MBT Financial Corp. (NASDAQ:MBTF) Shares Bought by Natixis

Natixis lifted its position in MBT Financial Corp. (NASDAQ:MBTF) by 194.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 448,681 shares of the financial services provider’s stock after acquiring an additional 296,504 shares during the quarter. Natixis owned 1.95% of MBT Financial worth $4,496,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MBTF. JPMorgan Chase & Co. raised its stake in MBT Financial by 228.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,903 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 3,411 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in MBT Financial by 15.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 12,696 shares of the financial services provider’s stock valued at $127,000 after acquiring an additional 1,685 shares in the last quarter. Castine Capital Management LLC bought a new stake in MBT Financial during the 2nd quarter valued at $581,000. Context BH Capital Management LP raised its stake in MBT Financial by 40.7% during the 2nd quarter. Context BH Capital Management LP now owns 82,238 shares of the financial services provider’s stock valued at $824,000 after acquiring an additional 23,800 shares in the last quarter. Finally, Northern Trust Corp raised its stake in MBT Financial by 6.9% during the 2nd quarter. Northern Trust Corp now owns 232,775 shares of the financial services provider’s stock valued at $2,332,000 after acquiring an additional 14,950 shares in the last quarter. Institutional investors own 52.50% of the company’s stock.

Shares of MBT Financial stock opened at $9.84 on Friday. The business’s fifty day moving average price is $9.83 and its two-hundred day moving average price is $10.04. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market capitalization of $226.71 million, a P/E ratio of 20.94 and a beta of 0.51. MBT Financial Corp. has a 1-year low of $8.75 and a 1-year high of $12.49.

MBT Financial (NASDAQ:MBTF) last announced its earnings results on Thursday, July 25th. The financial services provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.09. MBT Financial had a return on equity of 8.52% and a net margin of 19.08%. The firm had revenue of $16.32 million for the quarter.

Several analysts have weighed in on the company. TheStreet downgraded MBT Financial from a “b-” rating to a “c” rating in a research note on Monday, June 10th. ValuEngine downgraded MBT Financial from a “hold” rating to a “sell” rating in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold”.

About MBT Financial

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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Institutional Ownership by Quarter for MBT Financial (NASDAQ:MBTF)

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