Robert R. Yohanan Sells 1,000 Shares of Byline Bancorp Inc (BY) Stock

Byline Bancorp Inc (NYSE:BY) Director Robert R. Yohanan sold 1,000 shares of Byline Bancorp stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $20.95, for a total value of $20,950.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

BY opened at $20.74 on Friday. The stock has a market capitalization of $753.11 million, a P/E ratio of 17.73, a P/E/G ratio of 1.57 and a beta of 0.11. Byline Bancorp Inc has a 12 month low of $18.85 and a 12 month high of $24.80. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.69.

Byline Bancorp (NYSE:BY) last released its quarterly earnings results on Friday, October 26th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The company had revenue of $63.74 million during the quarter, compared to analyst estimates of $62.82 million. Byline Bancorp had a return on equity of 7.32% and a net margin of 10.15%. Analysts anticipate that Byline Bancorp Inc will post 1.32 earnings per share for the current year.

Several equities research analysts have recently issued reports on the company. ValuEngine raised Byline Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. Zacks Investment Research raised Byline Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Wednesday, October 31st.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BY. GFS Advisors LLC purchased a new position in Byline Bancorp in the third quarter worth about $46,278,000. Jennison Associates LLC grew its position in Byline Bancorp by 18.3% in the third quarter. Jennison Associates LLC now owns 1,651,816 shares of the company’s stock worth $37,496,000 after acquiring an additional 255,626 shares in the last quarter. Vanguard Group Inc. grew its position in Byline Bancorp by 24.0% in the third quarter. Vanguard Group Inc. now owns 801,810 shares of the company’s stock worth $18,201,000 after acquiring an additional 155,365 shares in the last quarter. Signet Financial Management LLC purchased a new position in Byline Bancorp in the second quarter worth about $3,097,000. Finally, BlackRock Inc. grew its position in Byline Bancorp by 10.4% in the second quarter. BlackRock Inc. now owns 827,148 shares of the company’s stock worth $18,480,000 after acquiring an additional 78,100 shares in the last quarter. Institutional investors own 33.23% of the company’s stock.

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Byline Bancorp Company Profile

Byline Bancorp, Inc operates as the bank holding company for Byline Bank that provides a range of banking products and services to small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States. It offers non-interest bearing accounts, money market demand accounts, savings accounts, interest bearing checking accounts, and time deposits, as well as certificates of deposit.

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Insider Buying and Selling by Quarter for Byline Bancorp (NYSE:BY)

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