Old National Bncp Cm (NASDAQ:ONB).
Great Lakes Advisors, LLC sold 65,544 shares in quarter ending 09/30/2017 decreasing its exposure to Old National Bncp Cm by 23.6%. Its stake stood at $3,893,000 a decrease of 18.9% as of the end of the quarter.
Here are a few institutional investors who have updated their positions. As of the end of the quarter First Mercantile Trust Co had disposed of 2,090 shares trimming its holdings by 25.0%. The value in dollars went from $144,000 to $115,000 a change of 20.1% quarter to quarter. Dimensional Fund Advisors Lp expanded its position by buying 65,187 shares an increase of 0.6%. Dimensional Fund Advisors Lp controls 11,418,907 shares valued at $208,966,000. The value of the position overall is up by 6.7%.
Lsv Asset Management grew its investment by buying 323,054 shares an increase of 28.7% in the quarter. Lsv Asset Management currently owns 1,447,554 shares worth $26,490,000. The total value of its holdings increased 36.6%.
Equity analyst Boenning Scattergood updated coverage of ONB with a rating of “Buy” and setting a price target of $21.00. On October 6 analysts at Piper Jaffray Companies released guidance on ONB with an initial rating of “Neutral”.
On October 4, 2017 Boenning Scattergood released a research note on ONB with a rating of “Outperform”.
September 15 investment analysts at Jefferies Group LLC made no change to the company rating of “Hold” projecting a price of $18.00. On August 11 Jefferies Group LLC left the company rating at “Hold” with a current price target of $18.00.
The company is trading up from yesterday’s close of 16.89. The most current P/E ratio is 15.73 and the market cap is 2.32B. As of the latest earnings report the EPS was $1.09 with 135.52M shares outstanding.
Traders are a little more bullish lately as implied by the change in short interest. The company recorded a fall in short interest of -6.90% as of the latest report on October 13, 2017. Short shares decreased from 6,785,971 to 6,317,834 over that period. Days to cover decreased 0.0 to 8.0 and the percentage of shorted shares is 0.05% as of October 13.