Consector Capital Lp Lowers stake in Old Second Bancorp (OSBC)

Old Second Bancorp (OSBC) : Consector Capital Lp reduced its stake in Old Second Bancorp by 13.7% during the most recent quarter end. The investment management company now holds a total of 547,224 shares of Old Second Bancorp which is valued at $3.8 Million after selling 86,839 shares in Old Second Bancorp , the firm said in a disclosure report filed with the SEC on May 13, 2016.Old Second Bancorp makes up approximately 8.61% of Consector Capital Lp’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in OSBC in the latest quarter, The investment management firm added 6,720 additional shares and now holds a total of 1,031,357 shares of Old Second Bancorp which is valued at $7.1 Million. Ausdal Financial Partners sold out all of its stake in OSBC during the most recent quarter. The investment firm sold 1,818 shares of OSBC which is valued $12,562. Municipal Employees’ Retirement System Of Michigan added OSBC to its portfolio by purchasing 63,600 company shares during the most recent quarter which is valued at $439,476. Old Second Bancorp makes up approx 0.03% of Municipal Employees’ Retirement System Of Michigan’s portfolio.

Old Second Bancorp closed down -0.03 points or -0.42% at $7.16 with 21,359 shares getting traded on Wednesday. Post opening the session at $7.19, the shares hit an intraday low of $7.1 and an intraday high of $7.25 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Old Second Bancorp Inc. is a bank holding company. The Company conducts a full service community banking and trust business through its wholly owned subsidiaries. The Bank’s full service banking businesses include the customary consumer and commercial products and services that banks provide including demand negotiable order of withdrawal (NOW) money market savings time deposit individual retirement and Keogh deposit accounts; commercial industrial consumer and real estate lending including installment loans student loans agricultural loans lines of credit and overdraft checking; safe deposit operations; trust services; wealth management services and a variety of additional services to the needs of individual customers such as the acquisition of the United States Treasury notes and bonds the sale of traveler’s checks money orders cashiers’ checks and foreign currency direct deposit discount brokerage debit cards credit cards and other special services.

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