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American Research & Management Co. Cuts Stock Holdings in Old National Bancorp (NASDAQ:ONBPP)

Financial News Live ·  Dec 15, 2022 23:51

American Research & Management Co. reduced its position in shares of Old National Bancorp (NASDAQ:ONBPP – Get Rating) by 3.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 36,072 shares of the company's stock after selling 1,400 shares during the quarter. American Research & Management Co.'s holdings in Old National Bancorp were worth $895,000 at the end of the most recent reporting period.

Old National Bancorp Stock Down 0.1 %

Shares of NASDAQ:ONBPP opened at $25.12 on Thursday. Old National Bancorp has a one year low of $24.40 and a one year high of $27.44. The firm's 50 day simple moving average is $25.14 and its 200-day simple moving average is $25.70.

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Old National Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 20th. Stockholders of record on Sunday, February 5th will be paid a dividend of $0.4375 per share. The ex-dividend date is Thursday, February 2nd. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.97%.

Old National Bancorp Company Profile

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Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing.

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