Dreman Value Management L L C buys $15,398,239 stake in Associated Banc Corp (ASB)

Associated Banc Corp (ASB) : Dreman Value Management L L C scooped up 44,608 additional shares in Associated Banc Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 809,156 shares of Associated Banc Corp which is valued at $15,398,239.Associated Banc Corp makes up approximately 1.62% of Dreman Value Management L L C’s portfolio.

Other Hedge Funds, Including , A.r.t. Advisors sold out all of its stake in ASB during the most recent quarter. The investment firm sold 46,549 shares of ASB which is valued $885,827. Nomura Asset Management Co Ltd added ASB to its portfolio by purchasing 3,790 company shares during the most recent quarter which is valued at $72,124. Annex Advisory Services added ASB to its portfolio by purchasing 28,049 company shares during the most recent quarter which is valued at $533,772. Associated Banc Corp makes up approx 0.14% of Annex Advisory Services’s portfolio.Thompson Investment Management reduced its stake in ASB by selling 2,530 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 262,410 shares of ASB which is valued at $4,883,450. Associated Banc Corp makes up approx 0.96% of Thompson Investment Management’s portfolio.

Associated Banc Corp closed down -0.16 points or -0.81% at $19.68 with 7,19,038 shares getting traded on Thursday. Post opening the session at $19.9, the shares hit an intraday low of $19.51 and an intraday high of $20 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Associated Banc Corp reported $0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $0.28.Analysts expectations of $ 252.56.During the same quarter in the previous year, the company posted $0.27 EPS.

Associated Banc-Corp (Associated) is a bank holding company. The Company through its banking subsidiary Associated Bank National Association (Associated Bank) and various nonbanking subsidiaries provides a range of banking and non-banking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community Consumer and Business and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves a range of customers including businesses developers non-profits municipalities and financial institutions. The Community Consumer and Business segment serves individuals as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes Corporate Risk Management Credit Administration Finance Treasury Operations and Technology.

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