How Analysts Feel About Mbt Financial Corporation (NASDAQ:MBTF) After Decrease in Sellers?

February 15, 2018 - By Winifred Garcia

 How Analysts Feel About Mbt Financial Corporation (NASDAQ:MBTF) After Decrease in Sellers?

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.12, from 1.04 in 2017Q2. It fall, as 4 investors sold MBT Financial Corp. shares while 21 reduced holdings. 8 funds opened positions while 15 raised stakes. 11.22 million shares or 0.18% more from 11.20 million shares in 2017Q2 were reported.
Schwab Charles Mngmt accumulated 27,100 shares. 85,351 were reported by California Public Employees Retirement System. Amer International Group Inc holds 11,954 shares. Goldman Sachs Grp owns 29,418 shares. James Inv Incorporated has invested 0% in MBT Financial Corp. (NASDAQ:MBTF). Citigroup owns 5,176 shares. Bancorp Of Ny Mellon Corporation holds 95,065 shares or 0% of its portfolio. Strs Ohio owns 0% invested in MBT Financial Corp. (NASDAQ:MBTF) for 3,400 shares. Cranbrook Wealth Management Ltd Company owns 7,703 shares for 0.03% of their portfolio. Moreover, State Street has 0% invested in MBT Financial Corp. (NASDAQ:MBTF) for 260,601 shares. Regal Investment Limited Liability holds 0.05% or 21,357 shares in its portfolio. 12,424 are owned by Nationwide Fund. Wellington Management Grp Incorporated Limited Liability Partnership has invested 0% in MBT Financial Corp. (NASDAQ:MBTF). Ny State Common Retirement Fund holds 0% or 15,845 shares. Ancora Ltd owns 0.01% invested in MBT Financial Corp. (NASDAQ:MBTF) for 15,000 shares.

The stock of Mbt Financial Corporation (NASDAQ:MBTF) registered a decrease of 0.87% in short interest. MBTF’s total short interest was 329,500 shares in February as published by FINRA. Its down 0.87% from 332,400 shares, reported previously. With 19,600 shares average volume, it will take short sellers 17 days to cover their MBTF’s short positions. The short interest to Mbt Financial Corporation’s float is 1.85%.

The stock increased 3.22% or $0.325 during the last trading session, reaching $10.425. About 40,311 shares traded. MBT Financial Corp. (NASDAQ:MBTF) has risen 32.74% since February 15, 2017 and is uptrending. It has outperformed by 16.04% the S&P500.

MBT Financial Corp. operates as the bank holding firm for the Monroe Bank & Trust that provides retail and commercial banking, and trust services to small and middle-market businesses and middle-income individuals. The company has market cap of $238.57 million. It offers checking and savings accounts, time deposits, and IRAs; and commercial loans, personal loans, real estate mortgage loans, and installment loans. It has a 22.66 P/E ratio. The firm also provides safe deposit facilities, ATM and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit, and investment management services.

MBT Financial Corp. (NASDAQ:MBTF) Ratings Coverage

Among 2 analysts covering MBT Financial (NASDAQ:MBTF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. MBT Financial had 4 analyst reports since October 19, 2016 according to SRatingsIntel. Maxim Group maintained the shares of MBTF in report on Friday, July 28 with “Buy” rating. The firm has “Buy” rating given on Wednesday, October 19 by Maxim Group. The firm has “Hold” rating by Sandler O’Neill given on Monday, February 6. The stock has “Buy” rating by Maxim Group on Monday, December 19.

More notable recent MBT Financial Corp. (NASDAQ:MBTF) news were published by: Globenewswire.com which released: “MBT Financial Corp. Announces First Quarter 2017 Preliminary Earnings Release …” on March 31, 2017, also Globenewswire.com with their article: “MBT Financial Corp. Announces Third Quarter 2017 Earnings and Quarterly Dividend” published on October 26, 2017, Globenewswire.com published: “MBT Financial Corp. Announces Third Quarter 2017 Preliminary Earnings Release …” on October 05, 2017. More interesting news about MBT Financial Corp. (NASDAQ:MBTF) were released by: Globenewswire.com and their article: “MBT Financial Corp. Announces 20% Increase in Annual Earnings and Increases in …” published on February 02, 2017 as well as Seekingalpha.com‘s news article titled: “MBT Financial’s (MBTF) CEO Doug Chaffin on Q4 2017 Results – Earnings Call …” with publication date: January 26, 2018.

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