Old Second Bancorp, Inc. (NASDAQ:OSBC) Stake Held by Rothschild Investment Corp IL

Rothschild Investment Corp IL continued to hold its position in shares of Old Second Bancorp, Inc. (NASDAQ:OSBC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,202 shares of the financial services provider’s stock at the end of the second quarter. Rothschild Investment Corp IL owned 0.20% of Old Second Bancorp worth $695,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. ClariVest Asset Management LLC boosted its position in shares of Old Second Bancorp by 5.4% in the first quarter. ClariVest Asset Management LLC now owns 9,703 shares of the financial services provider’s stock worth $109,000 after buying an additional 496 shares during the last quarter. Menta Capital LLC bought a new position in shares of Old Second Bancorp during the first quarter worth about $141,000. Prudential Financial Inc. boosted its position in shares of Old Second Bancorp by 7.4% in the first quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock worth $181,000 after buying an additional 1,100 shares during the last quarter. Globeflex Capital L P boosted its position in shares of Old Second Bancorp by 9,572.5% in the first quarter. Globeflex Capital L P now owns 17,604 shares of the financial services provider’s stock worth $198,000 after buying an additional 17,422 shares during the last quarter. Finally, American International Group Inc. boosted its position in shares of Old Second Bancorp by 7.1% in the first quarter. American International Group Inc. now owns 17,704 shares of the financial services provider’s stock worth $199,000 after buying an additional 1,175 shares during the last quarter. Institutional investors and hedge funds own 65.70% of the company’s stock.

Old Second Bancorp, Inc. (NASDAQ OSBC) remained flat at $11.35 during mid-day trading on Friday. 68,091 shares of the company’s stock were exchanged. The firm has a market capitalization of $336.27 million, a PE ratio of 18.31 and a beta of 1.31. Old Second Bancorp, Inc. has a 52-week low of $7.45 and a 52-week high of $12.75. The stock has a 50 day moving average of $11.69 and a 200-day moving average of $11.42.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 7th. Investors of record on Friday, July 28th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Wednesday, July 26th.

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Several analysts have recently commented on OSBC shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.00 target price on shares of Old Second Bancorp in a research report on Thursday, June 1st. Zacks Investment Research raised Old Second Bancorp from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Wednesday, August 2nd. BidaskClub raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Finally, ValuEngine raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Old Second Bancorp presently has a consensus rating of “Buy” and an average price target of $12.25.

In other news, CFO Bradley S. Adams acquired 41,800 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was acquired at an average price of $11.89 per share, for a total transaction of $497,002.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Edward Bonifas acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The stock was purchased at an average price of $11.58 per share, with a total value of $34,740.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 47,300 shares of company stock valued at $560,242 and sold 12,000 shares valued at $143,660. 3.60% of the stock is owned by corporate insiders.

About Old Second Bancorp

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

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