Market Runner: Is Mid Penn Bancorp Inc (NASDAQ:MPB) Going to Burn These Institutional Investors?

November 22, 2016 - By Ellis Scott   ·   0 Comments

Market Runner: Is Mid Penn Bancorp Inc (NASDAQ:MPB) Going to Burn These Institutional Investors?

Sentiment for Mid Penn Bancorp Inc (NASDAQ:MPB)

Mid Penn Bancorp Inc (NASDAQ:MPB) institutional sentiment increased to 4 in 2016 Q2. Its up 2.00, from 2 in 2016Q1. The ratio improved, as 6 investment managers opened new and increased stock positions, while 3 reduced and sold holdings in Mid Penn Bancorp Inc. The investment managers in our partner’s database now have: 203,972 shares, up from 100,232 shares in 2016Q1. Also, the number of investment managers holding Mid Penn Bancorp Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 2 New Position: 4.

Mid Penn Bancorp, Inc. is the bank holding firm for Mid Penn Bank (the Bank). The company has a market cap of $87.52 million. The Bank engages in a full-service commercial banking and trust business, providing a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit and individual retirement accounts (IRAs). It has a 11.94 P/E ratio. The Bank provides a range of trust and retail investment services.

The stock closed at $20.15 during the last session. It is down 32.77% since April 20, 2016 and is uptrending. It has outperformed by 28.22% the S&P500.

According to Zacks Investment Research, “MID PENN BANCORP, INC. is a one-bank holding company engaged in general banking business.”

Emerald Advisers Inc Pa holds 0.03% of its portfolio in Mid Penn Bancorp, Inc. for 36,205 shares. Wharton Business Group Llc owns 16,887 shares or 0.03% of their US portfolio. Moreover, Bryn Mawr Trust Co has 0.02% invested in the company for 21,452 shares. The Massachusetts-based Welch & Forbes Llc has invested 0.02% in the stock. Blackrock Fund Advisors, a California-based fund reported 733 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 9 insider buys, and 0 insider sales for $164,197 net activity.

MPB Company Profile

Mid Penn Bancorp, Inc. (Mid Penn), incorporated on August 14, 1991, is the bank holding firm for Mid Penn Bank (the Bank). The Bank engages in a full-service commercial banking and trust business, providing a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit and individual retirement accounts (IRAs). The Bank provides a range of trust and retail investment services. The Bank also offers other services, such as online banking, telephone banking, cash management services, automated teller services and safe deposit boxes. The Bank has approximately 20 retail banking properties located in Cumberland, Dauphin, Lancaster, Luzerne, Northumberland and Schuylkill Counties in Pennsylvania.

More notable recent Mid Penn Bancorp, Inc. (NASDAQ:MPB) news were published by: Globenewswire.com which released: “Mid Penn Bancorp, Inc. Declares Quarterly Dividend” on October 26, 2016, also Globenewswire.com with their article: “Mid Penn Bancorp, Inc. Reports Improvement in Quarterly and Year-Over-Year …” published on October 24, 2016, Globenewswire.com published: “Mid Penn Bancorp, Inc. Announces Completion of Merger” on March 02, 2015. More interesting news about Mid Penn Bancorp, Inc. (NASDAQ:MPB) were released by: Globenewswire.com and their article: “Mid Penn Bancorp, Inc. and Phoenix Bancorp, Inc. Announce Agreement to Merge” published on August 27, 2014 as well as Globenewswire.com‘s news article titled: “Mid Penn Bank Appoints Joseph Paese as Director of Trust and Wealth Management” with publication date: April 13, 2016.

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By Ellis Scott


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