Byline Bancorp, Inc. (NYSE:BY) Director Mary Jo S. Herseth Purchases 590 Shares

Byline Bancorp, Inc. (NYSE:BY – Get Rating) Director Mary Jo S. Herseth acquired 590 shares of Byline Bancorp stock in a transaction dated Thursday, March 9th. The stock was bought at an average price of $22.74 per share, for a total transaction of $13,416.60. Following the completion of the purchase, the director now owns 12,192 shares of the company’s stock, valued at approximately $277,246.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Byline Bancorp Stock Down 10.9 %

Shares of NYSE BY opened at $19.75 on Tuesday. The stock has a market cap of $744.91 million, a P/E ratio of 8.34 and a beta of 1.20. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.82. Byline Bancorp, Inc. has a 12-month low of $19.66 and a 12-month high of $28.00. The business’s fifty day simple moving average is $24.04 and its 200-day simple moving average is $22.84.

Byline Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 21st. Shareholders of record on Tuesday, February 7th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Monday, February 6th. Byline Bancorp’s dividend payout ratio is presently 15.13%.

Institutional Trading of Byline Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capstone Financial Advisors Inc. raised its stake in Byline Bancorp by 5.8% in the third quarter. Capstone Financial Advisors Inc. now owns 12,221 shares of the company’s stock valued at $247,000 after buying an additional 670 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Byline Bancorp by 5.6% during the fourth quarter. SG Americas Securities LLC now owns 13,667 shares of the company’s stock worth $314,000 after purchasing an additional 720 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Byline Bancorp by 19.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,486 shares of the company’s stock worth $126,000 after purchasing an additional 904 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Byline Bancorp by 4.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,362 shares of the company’s stock worth $560,000 after purchasing an additional 930 shares during the last quarter. Finally, Swiss National Bank grew its holdings in shares of Byline Bancorp by 1.9% during the fourth quarter. Swiss National Bank now owns 54,300 shares of the company’s stock worth $1,247,000 after purchasing an additional 1,000 shares during the last quarter. 47.06% of the stock is currently owned by institutional investors and hedge funds.

Byline Bancorp Company Profile

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Byline Bancorp, Inc is a holding company, which engages in business through its subsidiary, Byline Bank, a full services commercial bank. It offers a broad range of banking products and service to small and medium sized businesses, commercial real estate and financial sponsors, and to consumers in the branch areas.