Insider Purchase: Charles Funk Invested in 500 Shares of MidWestOne Financial Group, Inc. (MOFG); Balyasny Asset Management Has Lowered Dover (DOV) Stake

February 2, 2018 - By Danny Collins

Balyasny Asset Management Llc decreased Dover Corp (DOV) stake by 94.45% reported in 2017Q3 SEC filing. Balyasny Asset Management Llc sold 200,519 shares as Dover Corp (DOV)’s stock rose 4.00%. The Balyasny Asset Management Llc holds 11,783 shares with $1.08 million value, down from 212,302 last quarter. Dover Corp now has $16.17 billion valuation. The stock decreased 1.46% or $1.54 during the last trading session, reaching $103.8. About 402,803 shares traded. Dover Corporation (NYSE:DOV) has risen 29.68% since February 2, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Charles Funk, President and CEO of Midwestone Financial Group Inc, in an insider buying transaction took 500 shares whose sum is estimated to be $16,516 at average stock price of $33.0. The acquired shares were bought on 02-02-2018 and the report that contains the original information, filed with the Security and Exchange Commission can be accessed here. Charles Funk now indirectly possess 4005 shares. He also directly possess 96079 shares. In total he holds a stake of 0.82%.

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 93 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 3 by Vertical Research. Bernstein downgraded the stock to “Mkt Perform” rating in Friday, January 15 report. Barclays Capital maintained the shares of DOV in report on Monday, July 18 with “Equalweight” rating. As per Friday, October 13, the company rating was maintained by Robert W. Baird. RBC Capital Markets maintained Dover Corporation (NYSE:DOV) on Tuesday, November 3 with “Sector Perform” rating. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 11. Oppenheimer maintained Dover Corporation (NYSE:DOV) on Thursday, July 20 with “Hold” rating. Barclays Capital maintained Dover Corporation (NYSE:DOV) on Monday, October 5 with “Equal-Weight” rating. The firm earned “Neutral” rating on Tuesday, April 19 by Citigroup. Susquehanna initiated Dover Corporation (NYSE:DOV) on Friday, October 7 with “Neutral” rating.

Balyasny Asset Management Llc increased Hasbro Inc (NASDAQ:HAS) stake by 36,028 shares to 43,128 valued at $4.21M in 2017Q3. It also upped Csx Corp (NYSE:CSX) stake by 16,200 shares and now owns 29,501 shares. Metlife Inc (NYSE:MET) was raised too.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.13, from 0.91 in 2017Q2. It improved, as 33 investors sold DOV shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Texas Permanent School Fund stated it has 43,141 shares. Loomis Sayles & Co Ltd Partnership has 0.02% invested in Dover Corporation (NYSE:DOV) for 108,151 shares. Nuance Invests Limited Liability Corporation holds 39,912 shares. Haverford Comm owns 4,432 shares. Cramer Rosenthal Mcglynn Ltd Liability stated it has 1.64M shares or 2.4% of all its holdings. Toronto Dominion Financial Bank has invested 0.02% in Dover Corporation (NYSE:DOV). Stewart Patten Com Limited Company, California-based fund reported 6,250 shares. Veritable LP has invested 0.01% in Dover Corporation (NYSE:DOV). Buckingham Asset Mgmt Ltd Liability stated it has 0.12% of its portfolio in Dover Corporation (NYSE:DOV). Aviva Public Ltd Llc owns 98,302 shares. 12,660 are held by Commonwealth Of Pennsylvania Public School Empls Retrmt. Glg Lp has invested 0.01% of its portfolio in Dover Corporation (NYSE:DOV). Sector Pension Invest Board, Quebec – Canada-based fund reported 17,355 shares. First Quadrant LP Ca holds 0.02% of its portfolio in Dover Corporation (NYSE:DOV) for 8,700 shares. Tradition Cap Management Limited Liability Company invested in 8,375 shares or 0.25% of the stock.

Since August 4, 2017, it had 0 buys, and 4 sales for $5.83 million activity. $419,100 worth of Dover Corporation (NYSE:DOV) was sold by Goldberg Paul on Thursday, October 26. 41,505 shares were sold by STUBBS MICHAEL B, worth $3.97 million on Monday, October 23. Spurgeon William also sold $624,203 worth of Dover Corporation (NYSE:DOV) on Thursday, October 26.

MidWestOne Financial Group, Inc. operates as the bank holding firm for MidWestOne Bank that provides commercial and retail banking services and products to individuals, businesses, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, and Florida. The company has market cap of $407.40 million. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits. It has a 21.51 P/E ratio. The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans.

Since August 22, 2017, it had 3 insider purchases, and 2 insider sales for $9,567 activity. $29,257 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) shares were sold by WEISE KURT R. On Tuesday, January 30 Kramer Kevin E bought $33,338 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 1,000 shares. $13,283 worth of stock was bought by DONOHUE RICHARD R on Tuesday, January 30. McCormick Tracy S also bought $8,275 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) shares.

Analysts await MidWestOne Financial Group, Inc. (NASDAQ:MOFG) to report earnings on March, 1. MOFG’s profit will be $7.58M for 13.44 P/E if the $0.62 EPS becomes a reality. After $0.52 actual EPS reported by MidWestOne Financial Group, Inc. for the previous quarter, Wall Street now forecasts 19.23% EPS growth.

Investors sentiment increased to 2.59 in 2017 Q3. Its up 1.16, from 1.43 in 2017Q2. It increased, as 6 investors sold MidWestOne Financial Group, Inc. shares while 11 reduced holdings. 15 funds opened positions while 29 raised stakes. 5.56 million shares or 0.36% less from 5.58 million shares in 2017Q2 were reported. Balyasny Asset Lc has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). 37,983 are held by Jpmorgan Chase. Cornerstone Capital Mgmt Ltd Liability Corp holds 0.01% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 23,555 shares. Blackrock has invested 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Goldman Sachs Gru owns 8,410 shares. Meeder Asset Mgmt has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Northwestern Mutual Wealth Mgmt invested in 0% or 566 shares. Invesco Limited reported 9,465 shares. Northern Corp holds 0% or 138,147 shares. California State Teachers Retirement Sys has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Legal General Grp Incorporated Public Ltd has 0% invested in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). The Massachusetts-based Geode Management Limited Liability Company has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Sterling Llc has invested 0.01% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Cornercap Investment Counsel Inc reported 0.1% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Pacific Ridge Cap Prns Ltd Company holds 42,740 shares.

The stock increased 0.57% or $0.19 during the last trading session, reaching $33.34. About 10,354 shares traded. MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has risen 22.57% since February 2, 2017 and is uptrending. It has outperformed by 5.87% the S&P500.