Old National Bancorp (NASDAQ:ONBPP – Get Rating)'s share price was up 0.5% during trading on Thursday . The company traded as high as $25.50 and last traded at $25.45. Approximately 3,577 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 6,592 shares. The stock had previously closed at $25.32.
Old National Bancorp Price Performance
The business has a fifty day simple moving average of $25.18 and a 200 day simple moving average of $25.64.
Get Old National Bancorp alerts:Old National Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 20th. Shareholders of record on Sunday, February 5th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.88%. The ex-dividend date is Thursday, February 2nd.
Institutional Investors Weigh In On Old National Bancorp
A hedge fund recently raised its stake in Old National Bancorp stock. American Research & Management Co. raised its holdings in Old National Bancorp (NASDAQ:ONBPP – Get Rating) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,472 shares of the company's stock after acquiring an additional 700 shares during the quarter. American Research & Management Co.'s holdings in Old National Bancorp were worth $960,000 as of its most recent filing with the SEC.About Old National Bancorp
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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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