Clear Perspective Advisors LLC cut its position in shares of Old Second Bancorp, Inc. (NASDAQ:OSBC) by 13.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,097 shares of the financial services provider’s stock after selling 9,265 shares during the period. Clear Perspective Advisors LLC owned 0.21% of Old Second Bancorp worth $706,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. ClariVest Asset Management LLC lifted its holdings in shares of Old Second Bancorp by 5.4% during the 1st quarter. ClariVest Asset Management LLC now owns 9,703 shares of the financial services provider’s stock valued at $109,000 after buying an additional 496 shares during the last quarter. Menta Capital LLC bought a new stake in shares of Old Second Bancorp in the 1st quarter valued at approximately $141,000. Virtu KCG Holdings LLC bought a new stake in shares of Old Second Bancorp in the 2nd quarter valued at approximately $161,000. Prudential Financial Inc. grew its stake in shares of Old Second Bancorp by 7.4% in the 1st quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock valued at $181,000 after buying an additional 1,100 shares in the last quarter. Finally, Globeflex Capital L P grew its stake in shares of Old Second Bancorp by 9,572.5% in the 1st quarter. Globeflex Capital L P now owns 17,604 shares of the financial services provider’s stock valued at $198,000 after buying an additional 17,422 shares in the last quarter. 65.55% of the stock is owned by institutional investors.

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A number of equities analysts recently commented on OSBC shares. Keefe, Bruyette & Woods restated a “hold” rating and issued a $11.00 price objective on shares of Old Second Bancorp in a report on Friday, July 14th. DA Davidson started coverage on shares of Old Second Bancorp in a research note on Friday, September 1st. They issued a “neutral” rating and a $13.00 target price for the company. BidaskClub cut shares of Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Zacks Investment Research downgraded shares of Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Old Second Bancorp currently has a consensus rating of “Hold” and a consensus target price of $12.17.

Old Second Bancorp, Inc. (NASDAQ:OSBC) traded up 0.37% during trading on Wednesday, reaching $13.50. 15,961 shares of the company’s stock traded hands. Old Second Bancorp, Inc. has a 12 month low of $7.45 and a 12 month high of $13.55. The firm has a market cap of $399.96 million, a PE ratio of 21.77 and a beta of 1.38. The firm has a 50 day moving average price of $11.85 and a 200-day moving average price of $11.63.

In other news, Director John Ladowicz sold 8,450 shares of Old Second Bancorp stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $12.11, for a total value of $102,329.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Edward Bonifas acquired 3,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average price of $11.58 per share, for a total transaction of $34,740.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 5,550 shares of company stock valued at $62,594 and have sold 50,350 shares valued at $609,088. Corporate insiders own 3.60% of the company’s stock.

About Old Second Bancorp

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

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