Context BH Capital Management LP boosted its position in Byline Bancorp Inc (NYSE:BY) by 6.5% during the first quarter, Holdings Channel reports. The institutional investor owned 31,387 shares of the company’s stock after acquiring an additional 1,907 shares during the quarter. Context BH Capital Management LP’s holdings in Byline Bancorp were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of BY. Mendon Capital Advisors Corp grew its stake in Byline Bancorp by 35.7% in the 4th quarter. Mendon Capital Advisors Corp now owns 859,365 shares of the company’s stock valued at $14,317,000 after buying an additional 225,898 shares during the last quarter. Vanguard Group Inc. grew its stake in Byline Bancorp by 24.0% in the 3rd quarter. Vanguard Group Inc. now owns 801,810 shares of the company’s stock valued at $18,201,000 after buying an additional 155,365 shares during the last quarter. Millennium Management LLC boosted its holdings in Byline Bancorp by 206.2% in the 4th quarter. Millennium Management LLC now owns 96,392 shares of the company’s stock valued at $1,606,000 after purchasing an additional 64,912 shares during the period. BlackRock Inc. boosted its holdings in Byline Bancorp by 7.5% in the 1st quarter. BlackRock Inc. now owns 919,593 shares of the company’s stock valued at $16,994,000 after purchasing an additional 63,920 shares during the period. Finally, Martingale Asset Management L P bought a new stake in Byline Bancorp in the 4th quarter valued at $857,000. Institutional investors and hedge funds own 29.40% of the company’s stock.

A number of brokerages have weighed in on BY. TheStreet raised shares of Byline Bancorp from a “d+” rating to a “c-” rating in a report on Tuesday, February 19th. Zacks Investment Research downgraded shares of Byline Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th.

In other news, Director Robert R. Yohanan sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $20.12, for a total transaction of $201,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brogan Ptacin sold 5,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $19.92, for a total transaction of $109,560.00. The disclosure for this sale can be found here. Over the last three months, insiders acquired 4,750 shares of company stock valued at $94,969 and sold 15,734 shares valued at $315,361. 45.13% of the stock is owned by corporate insiders.

Shares of Byline Bancorp stock opened at $18.83 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.65. Byline Bancorp Inc has a fifty-two week low of $15.39 and a fifty-two week high of $24.50. The firm has a market capitalization of $709.34 million, a price-to-earnings ratio of 11.96, a P/E/G ratio of 1.17 and a beta of 1.06.

Byline Bancorp (NYSE:BY) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. Byline Bancorp had a net margin of 16.67% and a return on equity of 8.97%. The firm had revenue of $62.07 million during the quarter, compared to the consensus estimate of $61.70 million. On average, equities research analysts expect that Byline Bancorp Inc will post 1.6 earnings per share for the current fiscal year.

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Byline Bancorp Profile

Byline Bancorp, Inc operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit.

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Institutional Ownership by Quarter for Byline Bancorp (NYSE:BY)

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