Old Second Bancorp Inc. (NASDAQ:OSBC) shares saw unusually-high trading volume on Wednesday . Approximately 487,197 shares changed hands during mid-day trading, an increase of 653% from the previous session’s volume of 64,710 shares.The stock last traded at $7.21 and had previously closed at $7.15.

Separately, Zacks Investment Research lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th.

The firm has a market cap of $214.27 million and a P/E ratio of 15.10. The company has a 50-day moving average price of $7.02 and a 200-day moving average price of $6.99.

Old Second Bancorp (NASDAQ:OSBC) last released its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. On average, equities research analysts expect that Old Second Bancorp Inc. will post $0.50 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 9th. Shareholders of record on Friday, July 29th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, July 27th. This represents a $0.04 annualized dividend and a yield of 0.55%.

In other Old Second Bancorp news, CEO James Eccher acquired 10,000 shares of the company’s stock in a transaction on Friday, June 17th. The shares were purchased at an average price of $7.08 per share, for a total transaction of $70,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

An institutional investor recently raised its position in Old Second Bancorp stock. Dimensional Fund Advisors LP boosted its position in Old Second Bancorp Inc. (NASDAQ:OSBC) by 2.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,024,637 shares of the financial services provider’s stock after buying an additional 27,787 shares during the period. Dimensional Fund Advisors LP owned 3.48% of Old Second Bancorp worth $8,033,000 as of its most recent SEC filing.

Old Second Bancorp, Inc is a bank holding company for the Old Second National Bank (the Bank). The Company conducts a full service community banking and trust business through its subsidiaries. It operates in the community banking segment. The Company provides financial services through its approximately 20 banking locations that are located primarily in Aurora, Illinois, and its surrounding communities and throughout the Chicago metropolitan area.

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