Voya Investment Management LLC raised its holdings in shares of Old Second Bancorp, Inc. (NASDAQ:OSBC) by 8.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,645 shares of the financial services provider’s stock after acquiring an additional 1,965 shares during the quarter. Voya Investment Management LLC owned approximately 0.08% of Old Second Bancorp worth $285,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Virtu KCG Holdings LLC purchased a new position in shares of Old Second Bancorp during the second quarter valued at about $161,000. Prudential Financial Inc. grew its position in shares of Old Second Bancorp by 7.4% during the first quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 1,100 shares in the last quarter. American International Group Inc. grew its position in shares of Old Second Bancorp by 7.1% during the first quarter. American International Group Inc. now owns 17,704 shares of the financial services provider’s stock valued at $199,000 after purchasing an additional 1,175 shares in the last quarter. Metropolitan Life Insurance Co. NY grew its position in shares of Old Second Bancorp by 12.6% during the first quarter. Metropolitan Life Insurance Co. NY now owns 20,854 shares of the financial services provider’s stock valued at $235,000 after purchasing an additional 2,338 shares in the last quarter. Finally, Alliancebernstein L.P. purchased a new position in shares of Old Second Bancorp during the second quarter valued at about $236,000. 66.65% of the stock is currently owned by institutional investors and hedge funds.

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A number of research analysts have recently weighed in on OSBC shares. DA Davidson started coverage on Old Second Bancorp in a research report on Friday, September 1st. They set a “neutral” rating and a $13.00 price objective for the company. BidaskClub lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Zacks Investment Research lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.50 price objective on shares of Old Second Bancorp in a research report on Thursday, July 27th. Finally, ValuEngine lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, October 21st. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Old Second Bancorp currently has a consensus rating of “Buy” and a consensus price target of $13.50.

In related news, CEO William B. Skoglund sold 3,850 shares of Old Second Bancorp stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $12.13, for a total value of $46,700.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Ladowicz sold 10,096 shares of Old Second Bancorp stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $14.40, for a total value of $145,382.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 49,346 shares of company stock valued at $623,302. 3.60% of the stock is currently owned by company insiders.

Old Second Bancorp, Inc. (NASDAQ OSBC) opened at $12.60 on Thursday. The company has a market capitalization of $371.82, a PE ratio of 20.24, a P/E/G ratio of 2.21 and a beta of 1.34. Old Second Bancorp, Inc. has a 12-month low of $8.55 and a 12-month high of $14.90. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.80 and a quick ratio of 0.80.

Old Second Bancorp (NASDAQ:OSBC) last released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.08. Old Second Bancorp had a return on equity of 12.34% and a net margin of 19.91%. analysts expect that Old Second Bancorp, Inc. will post 0.81 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 6th. Investors of record on Friday, October 27th were given a $0.01 dividend. The ex-dividend date of this dividend was Thursday, October 26th. This represents a $0.04 annualized dividend and a yield of 0.32%. Old Second Bancorp’s dividend payout ratio is currently 6.45%.

Old Second Bancorp Company Profile

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Institutional Ownership by Quarter for Old Second Bancorp (NASDAQ:OSBC)

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