Associated Banc-Corp (NYSE:ASB) Institutional Investor Purchases 24,334 Shares

SG Americas Securities LLC recently purchased a new position in Associated Banc-Corp, acquiring 24,334 shares valued at approximately $523,000. This move comes as several other large investors have also been buying and selling shares of ASB, including Steph & Co., Creekmur Asset Management LLC, Parallel Advisors LLC, Quadrant Capital Group LLC, and GAMMA Investing LLC.

In other news, insider transactions at Associated Banc have been making headlines, with EVP Nicole M. Kitowski and EVP John A. Utz both selling shares of the firm’s stock. Kitowski sold 5,019 shares at an average price of $21.23, while Utz sold 2,500 shares at an average price of $22.18.

Analysts have set new price targets for Associated Banc, with Jefferies Financial Group, Stephens, Robert W. Baird, Wells Fargo & Company, and Barclays all issuing reports on the company. The consensus rating for ASB is “Hold,” with an average target price of $23.11.

Associated Banc’s price performance has been steady, with shares opening at $22.90 on Friday. The company recently reported quarterly earnings, surpassing expectations with an EPS of $0.52. The firm also announced a quarterly dividend of $0.22 per share, representing a dividend yield of 3.84%.

Associated Banc-Corp, a bank holding company, offers various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. With a focus on lending solutions and other financial services, the company continues to attract investor interest and analyst attention.

For more information on Associated Banc and its latest developments, investors can visit HoldingsChannel.com for the latest 13F filings and insider trades. Stay updated on the company’s performance and news with MarketBeat.com’s FREE daily email newsletter.