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 15.09% during the most recent quarter end. The investment management company now holds a total of 464,624 shares of Old Second Bancorp which is valued at $3,503,265 after selling 82,600 shares in Old Second Bancorp , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Old Second Bancorp makes up approximately 7.53% of Consector Capital Lp’s portfolio.

Other Hedge Funds, Including , Geode Capital Management reduced its stake in OSBC by selling 1,705 shares or 1.01% in the most recent quarter. The Hedge Fund company now holds 166,810 shares of OSBC which is valued at $1,257,747.Analytic Investors boosted its stake in OSBC in the latest quarter, The investment management firm added 7,295 additional shares and now holds a total of 48,014 shares of Old Second Bancorp which is valued at $362,026.Blackrock Advisors boosted its stake in OSBC in the latest quarter, The investment management firm added 194 additional shares and now holds a total of 15,294 shares of Old Second Bancorp which is valued at $115,317.Eam Investors reduced its stake in OSBC by selling 53,014 shares or 23.77% in the most recent quarter. The Hedge Fund company now holds 169,996 shares of OSBC which is valued at $1,264,770. Old Second Bancorp makes up approx 0.18% of Eam Investors’s portfolio.

Old Second Bancorp opened for trading at $7.98 and hit $8.18 on the upside on Monday, eventually ending the session at $8.09, with a gain of 1.38% or 0.11 points. The heightened volatility saw the trading volume jump to 63,741 shares. Company has a market cap of $239 M.

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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