Ruth Stanoch Picked up 200 Shares of MidWestOne Financial Group, Inc. (MOFG); Mercer International (MERC)’s Sentiment Is 1.4

February 2, 2018 - By Martha Paddon

Mercer International Inc., together with its subsidiaries, makes and sells northern bleached softwood Kraft pulp worldwide. The company has market cap of $922.70 million. It produces NBSK pulp principally from wood chips and pulp logs; and tall oil for use as a chemical additive and green energy source, as well as carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste. It has a 19.41 P/E ratio. The firm sells its pulp to tissue, specialty papers, and printing and writing paper manufacturers; and green energy to third party utilities.

Ruth Stanoch, the insider, who is the current director of Midwestone Financial Group Inc bought roughly 200 shares of the company valued by the market at about $6,624 U.S. Dollars at an average 33.1 U.S. Dollars for a share. Right now, Ruth Stanoch owns a total of 2,600 shares or 0.02% of the company’s market cap (share price times the number of shares outstanding).

The stock decreased 3.40% or $0.5 during the last trading session, reaching $14.2. About 181,064 shares traded or 5.53% up from the average. Mercer International Inc. (MERC) has risen 25.28% since February 2, 2017 and is uptrending. It has outperformed by 8.58% the S&P500.

Ratings analysis reveals 0 of Mercer Intl’s analysts are positive. Out of 2 Wall Street analysts rating Mercer Intl, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MERC was included in 2 notes of analysts from January 6, 2017. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Friday, January 6 report. The firm has “Hold” rating given on Monday, January 23 by Standpoint Research.

Iat Reinsurance Co Ltd. holds 30.11% of its portfolio in Mercer International Inc. for 16.47 million shares. Knighthead Capital Management Llc owns 2.32 million shares or 3.93% of their US portfolio. Moreover, Aegis Financial Corp has 3.54% invested in the company for 211,115 shares. The New York-based Gates Capital Management Inc. has invested 2.8% in the stock. Redwood Capital Management Llc, a New Jersey-based fund reported 2.08 million shares.

Since January 1, 0001, it had 4 insider buys, and 22 sales for $28.97 million activity.

Since August 22, 2017, it had 3 insider purchases, and 2 insider sales for $9,567 activity. On Tuesday, January 30 DONOHUE RICHARD R bought $13,283 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) or 400 shares. 250 shares were bought by McCormick Tracy S, worth $8,275. 1,000 shares were sold by WEISE KURT R, worth $35,206. Shares for $33,338 were bought by Kramer Kevin E.

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 $405.08 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 21.39 P/E ratio. The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans.

Analysts await MidWestOne Financial Group, Inc. (NASDAQ:MOFG) to report earnings on March, 1. MOFG’s profit will be $7.58 million for 13.37 P/E if the $0.62 EPS becomes a reality. After $0.52 actual earnings per share reported by MidWestOne Financial Group, Inc. for the previous quarter, Wall Street now forecasts 19.23% EPS growth.

The stock increased 0.21% or $0.07 during the last trading session, reaching $33.15. About 29,820 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.

Among 4 analysts covering MidWestOne Financial Group (NASDAQ:MOFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MidWestOne Financial Group has $41.0 highest and $36.0 lowest target. $38.25’s average target is 15.38% above currents $33.15 stock price. MidWestOne Financial Group had 8 analyst reports since April 6, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, December 22. The rating was maintained by Piper Jaffray on Tuesday, December 19 with “Hold”. Keefe Bruyette & Woods maintained MidWestOne Financial Group, Inc. (NASDAQ:MOFG) rating on Thursday, June 22. Keefe Bruyette & Woods has “Buy” rating and $4000 target. The stock of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) earned “Buy” rating by Keefe Bruyette & Woods on Tuesday, August 8. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 27. Piper Jaffray maintained MidWestOne Financial Group, Inc. (NASDAQ:MOFG) on Thursday, October 26 with “Hold” rating. The stock of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has “Buy” rating given on Thursday, January 18 by Sandler O’Neill.

Investors sentiment increased to 2.59 in 2017 Q3. Its up 1.16, from 1.43 in 2017Q2. It is positive, 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. Barclays Public Limited Com stated it has 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Northwestern Mutual Wealth Mgmt invested in 0% or 566 shares. Jpmorgan Chase &, New York-based fund reported 37,983 shares. Ameritas Invest Partners Inc reported 0% of its portfolio in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Sterling Cap Management Limited Liability Co invested in 23,310 shares. Sei Invests reported 11,513 shares stake. Credit Suisse Ag has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Rhumbline Advisers holds 12,672 shares or 0% of its portfolio. 3,877 are owned by Brandywine Global Investment Management Limited Company. Us State Bank De reported 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Bnp Paribas Arbitrage, a New York-based fund reported 1,067 shares. Kennedy Management stated it has 0.19% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Renaissance Technology Limited Liability Corporation accumulated 225,290 shares. The Pennsylvania-based Vanguard has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG). Blackrock has invested 0% in MidWestOne Financial Group, Inc. (NASDAQ:MOFG).