Dividend Flows Summary: MainSource Financial Group, Inc. (NASDAQ:MSFG) expected to pay $0.16 on Dec 15, 2016

Dividend Flows Summary:   MainSource Financial Group, Inc. (NASDAQ:MSFG) expected to pay $0.16 on Dec 15, 2016

MainSource Financial Group, Inc. (NASDAQ:MSFG) is expected to pay $0.16 on Dec 15, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on MainSource Financial Group, Inc.’s current price of $30.92, the dividend is 0.52%. This dividend’s record date is Dec 5, 2016 and the announcement date is Oct 27, 2016. The stock closed at $30.92 during the last session. It is down 41.25% since April 27, 2016 and is uptrending. It has outperformed by 36.02% the S&P500.

MainSource Financial Group, Inc. is a bank holding company. The company has a market cap of $775.22 million. The Firm operates a banking subsidiary: MainSource Bank , an Indiana state-chartered bank. It has a 19.7 P/E ratio. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.

Insitutional Activity: The institutional sentiment increased to 1.59 in Q2 2016. Its up 0.26, from 1.33 in 2016Q1. The ratio is positive, as 6 funds sold all MainSource Financial Group Inc. shares owned while 33 reduced positions. 13 funds bought stakes while 39 increased positions. They now own 12.90 million shares or 5.72% more from 12.20 million shares in 2016Q1.
Kennedy Capital has 167,595 shares for 0.07% of their US portfolio. Schwab Charles Investment Mgmt Inc last reported 0% of its portfolio in the stock. Hightower Advisors Ltd Llc last reported 179,217 shares in the company. Tiaa Cref Invest Mngmt Lc has invested 0% of its portfolio in MainSource Financial Group Inc. (NASDAQ:MSFG). Moreover, Emerald Mutual Fund Advisers has 0.05% invested in MainSource Financial Group Inc. (NASDAQ:MSFG) for 44,420 shares. Kessler Grp Lc accumulated 0.56% or 17,840 shares. National Bank & Trust Of Montreal Can accumulated 0% or 785 shares. Putnam Invs Ltd accumulated 92,203 shares or 0% of the stock. Blackrock Fund Advsr owns 594,126 shares or 0% of their US portfolio. Alphamark Limited Com has 626 shares for 0.01% of their US portfolio. Brandywine Glob Mngmt Ltd has 0% invested in the company for 8,420 shares. Cornercap Invest Counsel Inc holds 0.1% of its portfolio in MainSource Financial Group Inc. (NASDAQ:MSFG) for 23,839 shares. Los Angeles Capital & Equity Research last reported 30,966 shares in the company. Cambridge Investment Rech Advsr owns 13,334 shares or 0.01% of their US portfolio. Panagora Asset Mngmt holds 181,937 shares or 0.02% of its portfolio.

Insider Transactions: Since June 21, 2016, the stock had 1 buy, and 1 insider sale for $23,363 net activity. 3,130 MainSource Financial Group Inc. (NASDAQ:MSFG) shares with value of $73,383 were bought by BARRON WILLIAM G. 2,000 shares with value of $50,020 were sold by HARRISON CHRIS M on Wednesday, November 9.

MainSource Financial Group Inc. (NASDAQ:MSFG) Ratings Coverage

Out of 2 analysts covering Mainsource Financial Groups (NASDAQ:MSFG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $27 is the highest target while $25 is the lowest. The $26 average target is -15.91% below today’s ($30.92) stock price. Mainsource Financial Groups has been the topic of 2 analyst reports since October 2, 2015 according to StockzIntelligence Inc. The stock of MainSource Financial Group Inc. (NASDAQ:MSFG) earned “Outperform” rating by Wood on Friday, August 26. The firm has “Overweight” rating given on Friday, October 2 by Stephens.

More recent MainSource Financial Group Inc. (NASDAQ:MSFG) news were published by: Prnewswire.com which released: “MainSource Financial Group Expands Presence in Cincinnati; Completes its …” on May 23, 2016. Also Prnewswire.com published the news titled: “MainSource Financial Group Announces Appointment of Vince Berta to Board of …” on January 28, 2016. Streetinsider.com‘s news article titled: “MainSource Financial Group (MSFG) to Acquire Cheviot Financial Corp (CHEV) for …” with publication date: November 24, 2015 was also an interesting one.

MSFG Company Profile

MainSource Financial Group, Inc., incorporated on March 30, 1983, is a bank holding company. The Firm operates a banking subsidiary: MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements. The Firm operates approximately 80 branch banking offices in Indiana, Illinois, Ohio and Kentucky.

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