Legacy Private Trust Lowers stake in Associated Banc Corp (ASB)

Associated Banc Corp (ASB) : Legacy Private Trust reduced its stake in Associated Banc Corp by 0.84% during the most recent quarter end. The investment management company now holds a total of 413,722 shares of Associated Banc Corp which is valued at $7,322,879 after selling 3,500 shares in Associated Banc Corp , the firm said in a disclosure report filed with the SEC on Jul 14, 2016.Associated Banc Corp makes up approximately 1.04% of Legacy Private Trust’s portfolio.

Other Hedge Funds, Including , Dalton Greiner Hartman Maher Co reduced its stake in ASB by selling 4,329 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 841,299 shares of ASB which is valued at $14,689,081. Associated Banc Corp makes up approx 0.88% of Dalton Greiner Hartman Maher Co’s portfolio.Cutler Group Lp reduced its stake in ASB by selling 3,500 shares or 48.24% in the most recent quarter. The Hedge Fund company now holds 3,755 shares of ASB which is valued at $65,562.Weaver C. Barksdale Associates boosted its stake in ASB in the latest quarter, The investment management firm added 29 additional shares and now holds a total of 241 shares of Associated Banc Corp which is valued at $4,208. Associated Banc Corp makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in ASB in the latest quarter, The investment management firm added 54,741 additional shares and now holds a total of 76,786 shares of Associated Banc Corp which is valued at $1,313,808. Associated Banc Corp makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.

Associated Banc Corp closed down -0.03 points or -0.17% at $17.7 with 5,42,214 shares getting traded on Monday. Post opening the session at $17.74, the shares hit an intraday low of $17.56 and an intraday high of $17.82 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Associated Banc Corp reported $0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $0.28.Analysts expectations of $ 252.56.During the same quarter in the previous year, the company posted $0.27 EPS.

Associated Banc-Corp (Associated) is a bank holding company. The Company through its banking subsidiary Associated Bank National Association (Associated Bank) and various nonbanking subsidiaries provides a range of banking and non-banking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community Consumer and Business and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves a range of customers including businesses developers non-profits municipalities and financial institutions. The Community Consumer and Business segment serves individuals as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes Corporate Risk Management Credit Administration Finance Treasury Operations and Technology.

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