California State Teachers Retirement System bought a new position in Middleburg Financial Corp. (NASDAQ:MBRG) during the second quarter, Holdings Channel reports. The firm bought 9,841 shares of the financial services provider’s stock, valued at approximately $268,000. California State Teachers Retirement System owned approximately 0.14% of Middleburg Financial Corp. at the end of the most recent quarter.
Separately, Bank of New York Mellon Corp acquired a new position in shares of Middleburg Financial Corp. during the second quarter worth $286,000. 27.42% of the stock is currently owned by institutional investors.
Shares of Middleburg Financial Corp. (NASDAQ:MBRG) remained flat at $27.58 during midday trading on Wednesday. The stock had a trading volume of 4 shares. The company has a 50-day moving average price of $27.68 and a 200 day moving average price of $27.33. Middleburg Financial Corp. has a 12 month low of $17.35 and a 12 month high of $29.24. The company has a market cap of $195.85 million, a PE ratio of 25.33 and a beta of 0.43.
Middleburg Financial Corp. (NASDAQ:MBRG) last announced its quarterly earnings data on Friday, July 29th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.05. Middleburg Financial Corp. had a return on equity of 6.21% and a net margin of 14.74%. Analysts predict that Middleburg Financial Corp. will post $1.38 earnings per share for the current year.
Separately, Zacks Investment Research upgraded shares of Middleburg Financial Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 12th.
Middleburg Financial Corp. Company Profile
Middleburg Financial Corporation is a bank holding company. The Company conducts its primary operations through two subsidiaries, Middleburg Bank and Middleburg Investment Group, Inc Its segments are Commercial & Retail Banking, which includes loans, investment securities and deposit accounts; Wealth Management, including wealth management activities, and Mortgage Banking, including mortgage banking activities.
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