First Midwest Bancorp, Inc. (FMBI) Forms $24.70 Double Top; Apartment Investment and Management Company Common (AIV) Shorts Up By 9.37%

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First Midwest Bancorp, Inc. (FMBI) formed double top with $25.69 target or 4.00% above today’s $24.70 share price. First Midwest Bancorp, Inc. (FMBI) has $2.54B valuation. The stock decreased 0.92% or $0.23 during the last trading session, reaching $24.7. About 107,528 shares traded. First Midwest Bancorp, Inc. (NASDAQ:FMBI) has risen 6.24% since April 13, 2017 and is uptrending. It has underperformed by 5.31% the S&P500.

Apartment Investment and Management Company Common (NYSE:AIV) had an increase of 9.37% in short interest. AIV’s SI was 4.09 million shares in April as released by FINRA. Its up 9.37% from 3.74M shares previously. With 1.05 million avg volume, 4 days are for Apartment Investment and Management Company Common (NYSE:AIV)’s short sellers to cover AIV’s short positions. The SI to Apartment Investment and Management Company Common’s float is 2.63%. The stock increased 0.17% or $0.07 during the last trading session, reaching $40.77. About 155,542 shares traded. Apartment Investment and Management Company (NYSE:AIV) has declined 10.56% since April 13, 2017 and is downtrending. It has underperformed by 22.11% the S&P500.

Among 9 analysts covering First Midwest Bancorp (NASDAQ:FMBI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. First Midwest Bancorp has $28 highest and $19 lowest target. $26’s average target is 5.26% above currents $24.7 stock price. First Midwest Bancorp had 21 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, May 13 the stock rating was initiated by Macquarie Research with “Neutral”. Keefe Bruyette & Woods maintained First Midwest Bancorp, Inc. (NASDAQ:FMBI) on Tuesday, October 3 with “Hold” rating. Jefferies maintained the stock with “Buy” rating in Friday, August 11 report. The stock of First Midwest Bancorp, Inc. (NASDAQ:FMBI) earned “Overweight” rating by PiperJaffray on Monday, July 24. As per Friday, June 9, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Friday, September 15 by Jefferies. On Tuesday, November 28 the stock rating was maintained by SunTrust with “Buy”. Stephens initiated the shares of FMBI in report on Friday, October 9 with “Overweight” rating. Jefferies maintained it with “Buy” rating and $27.0 target in Friday, October 20 report. The stock of First Midwest Bancorp, Inc. (NASDAQ:FMBI) has “Buy” rating given on Monday, January 8 by SunTrust.

Analysts await First Midwest Bancorp, Inc. (NASDAQ:FMBI) to report earnings on April, 24. They expect $0.39 earnings per share, up 14.71% or $0.05 from last year’s $0.34 per share. FMBI’s profit will be $40.17M for 15.83 P/E if the $0.39 EPS becomes a reality. After $0.34 actual earnings per share reported by First Midwest Bancorp, Inc. for the previous quarter, Wall Street now forecasts 14.71% EPS growth.

Since December 15, 2017, it had 0 buys, and 8 insider sales for $5.33 million activity. The insider OMEARA ROBERT P sold 5,200 shares worth $137,800. SCUDDER MICHAEL L had sold 8,554 shares worth $224,628. VANDERWOUDE J STEPHEN sold $1.10M worth of First Midwest Bancorp, Inc. (NASDAQ:FMBI) on Thursday, March 8. MCDONNELL PATRICK J had sold 25,392 shares worth $657,145 on Thursday, March 8. Sander Mark G sold $1.11M worth of stock.

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.45, from 1.57 in 2017Q3. It fall, as 17 investors sold First Midwest Bancorp, Inc. shares while 56 reduced holdings. 19 funds opened positions while 63 raised stakes. 84.55 million shares or 2.14% more from 82.77 million shares in 2017Q3 were reported. Nj State Employees Deferred Compensation Plan owns 0.14% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI) for 33,000 shares. Cna accumulated 33,701 shares. Blackrock holds 0.02% of its portfolio in First Midwest Bancorp, Inc. (NASDAQ:FMBI) for 13.18 million shares. Moreover, Kennedy Cap Mgmt Incorporated has 0.15% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI). New York-based Citigroup Inc has invested 0% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Moreover, Prudential Financial has 0.01% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI) for 169,256 shares. Neuberger Berman Limited Liability Company holds 0% of its portfolio in First Midwest Bancorp, Inc. (NASDAQ:FMBI) for 11,009 shares. Credit Suisse Ag reported 58,964 shares. Foundry Ptnrs Ltd Liability Corporation has 0.54% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Jpmorgan Chase & Co stated it has 549,895 shares or 0% of all its holdings. Northern Trust invested 0.02% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Teacher Retirement Sys Of Texas invested in 35,284 shares or 0.01% of the stock. New York State Common Retirement Fund holds 0% or 111,700 shares. Ls Inv Advisors Limited Liability accumulated 3,012 shares. First Tru Advisors Lp invested in 185,135 shares or 0.01% of the stock.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.03, from 1 in 2017Q3. It improved, as 26 investors sold Apartment Investment and Management Company shares while 98 reduced holdings. 34 funds opened positions while 94 raised stakes. 155.65 million shares or 0.55% more from 154.80 million shares in 2017Q3 were reported. Renaissance Lc holds 0.26% or 5.35 million shares. Farmers And Merchants holds 0% in Apartment Investment and Management Company (NYSE:AIV) or 51 shares. Da Davidson & invested in 0% or 5,197 shares. Nuveen Asset Mngmt Limited Liability Corporation holds 1.29 million shares. Texas Permanent School Fund stated it has 42,865 shares or 0.02% of all its holdings. Manufacturers Life Insur The invested 0.01% of its portfolio in Apartment Investment and Management Company (NYSE:AIV). Raymond James Fincl Svcs has invested 0.01% of its portfolio in Apartment Investment and Management Company (NYSE:AIV). State Of Wisconsin Investment Board reported 0% stake. Lmr Prtnrs Ltd Liability Partnership invested 0.04% in Apartment Investment and Management Company (NYSE:AIV). Pnc Financial Serv Group Incorporated has 0% invested in Apartment Investment and Management Company (NYSE:AIV). Riverhead Mngmt Ltd Com holds 10,394 shares. Moreover, Cornerstone Cap Ltd Co has 0.03% invested in Apartment Investment and Management Company (NYSE:AIV) for 103,388 shares. Public Employees Retirement Systems Of Ohio accumulated 252,569 shares or 0.05% of the stock. Cibc Asset reported 13,635 shares. Pensionfund Dsm Netherlands reported 41,500 shares.

Apartment Investment and Management Company is a real estate investment trust. The company has market cap of $6.72 billion. The firm engages in the acquisition, ownership, management, and redevelopment of apartment properties. It has a 20.8 P/E ratio. It invests in real estate markets of United States.

First Midwest Bancorp, Inc. (NASDAQ:FMBI) Institutional Positions Chart