Voya Investment Management LLC Sells 756 Shares of Byline Bancorp, Inc. $BY

Voya Investment Management LLC trimmed its holdings in shares of Byline Bancorp, Inc. (NYSE:BY) by 7.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,518 shares of the company’s stock after selling 756 shares during the quarter. Voya Investment Management LLC’s holdings in Byline Bancorp were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BY. Bank of America Corp DE raised its holdings in shares of Byline Bancorp by 14.3% in the fourth quarter. Bank of America Corp DE now owns 53,363 shares of the company’s stock valued at $1,548,000 after acquiring an additional 6,672 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Byline Bancorp by 25.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 71,032 shares of the company’s stock valued at $2,060,000 after acquiring an additional 14,307 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Byline Bancorp by 16.6% during the fourth quarter. Wellington Management Group LLP now owns 478,359 shares of the company’s stock valued at $13,872,000 after acquiring an additional 68,000 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Byline Bancorp by 1,726.4% during the first quarter. GAMMA Investing LLC now owns 1,936 shares of the company’s stock valued at $51,000 after acquiring an additional 1,830 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its holdings in shares of Byline Bancorp by 17.7% during the first quarter. Wedge Capital Management L L P NC now owns 30,292 shares of the company’s stock valued at $792,000 after acquiring an additional 4,550 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

Byline Bancorp Stock Down 1.2%

BY opened at $28.00 on Tuesday. The firm’s 50-day moving average price is $27.87 and its 200-day moving average price is $26.72. The company has a market cap of $1.28 billion, a P/E ratio of 10.45 and a beta of 0.91. Byline Bancorp, Inc. has a 52-week low of $22.63 and a 52-week high of $32.89.

Byline Bancorp (NYSE:BY) last issued its earnings results on Thursday, July 24th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.08. Byline Bancorp had a return on equity of 10.98% and a net margin of 19.03%.The firm had revenue of $110.45 million for the quarter, compared to analyst estimates of $106.95 million. On average, research analysts anticipate that Byline Bancorp, Inc. will post 2.6 EPS for the current fiscal year.

Byline Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 19th. Shareholders of record on Tuesday, August 5th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, August 5th. Byline Bancorp’s dividend payout ratio is currently 14.93%.

Insider Buying and Selling

In other Byline Bancorp news, insider Dana Rose sold 1,999 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $28.76, for a total value of $57,491.24. Following the sale, the insider owned 10,192 shares in the company, valued at approximately $293,121.92. This represents a 16.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 28.79% of the company’s stock.

Byline Bancorp Company Profile

Byline Bancorp, Inc operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers various retail deposit products, including non-interest-bearing accounts, money market demand accounts, savings accounts, interest-bearing checking accounts, and time deposits; ATM and debit cards; and online, mobile, and text banking services, as well as commercial deposits.