OFG Bancorp (OFG) News Today

State Board of Administration of Florida Retirement System lowered its position in OFG Bancorp (NYSE:OFG - Free Report) by 59.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 29,475 shares of the bank's stock after selling 43,225 shares during the period

OFG Bancorp (NYSE:OFG) Sets New 52-Week High Following Analyst Upgrade

Russell Investments Group Ltd. lifted its position in OFG Bancorp (NYSE:OFG - Free Report) by 6.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 242,526 shares of the bank's stock after purchasing an additional 13,869 shares during the period. Russell

Janney Montgomery Scott LLC purchased a new position in OFG Bancorp (NYSE:OFG - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,618 shares of the bank's stock, valued at

OFG Bancorp (NYSE:OFG - Get Free Report) released its earnings results on Thursday. The bank reported $1.08 EPS for the quarter, topping the consensus estimate of $0.96 by $0.12. OFG Bancorp had a net margin of 23.00% and a return on equity of 16.10%. The firm had revenue of $179.40 million for the quarter, compared to the consensus estimate of $176.09 million. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The company's quarterly revenue was up 5.2% compared to the same quarter last year.

BNP Paribas Financial Markets boosted its holdings in OFG Bancorp (NYSE:OFG - Free Report) by 172.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 36,467 shares of the bank's stock after buying an additional 23,075 shares during the quar

OFG Bancorp (NYSE:OFG) Hits New 12-Month High at $43.38

OFG Bancorp (NYSE:OFG - Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 442,700 shares, a decrease of 25.9% from the June 15th total of 597,300 shares. Based on an average daily trading volume, of 196,600 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.0% of the company's stock are sold short.

LSV Asset Management lessened its position in shares of OFG Bancorp (NYSE:OFG - Free Report) by 6.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,722,727 shares of the bank's stock after selling 120,310 shares during the qua

OFG Bancorp (NYSE:OFG) Reaches New 52-Week High at $39.19

OFG Bancorp (NYSE:OFG) will be releasing earnings before the market opens on Thursday, July 18, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=349176)

Capstone Investment Advisors LLC bought a new stake in OFG Bancorp (NYSE:OFG - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22,923 shares of the bank's stock, valued at approximately $844,000. Other

Vanguard Group Inc. cut its stake in OFG Bancorp (NYSE:OFG - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,843,020 shares of the bank's stock after selling 21,361 shares du

OFG Bancorp (NYSE:OFG - Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 597,300 shares, an increase of 30.8% from the May 31st total of 456,800 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 200,200 shares, the short-interest ratio is presently 3.0 days.

Goldman Sachs Group Inc. increased its position in shares of OFG Bancorp (NYSE:OFG - Free Report) by 58.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 611,132 shares of the bank's stock after buying an additional 225,666 shares duri

Wellington Management Group LLP decreased its position in shares of OFG Bancorp (NYSE:OFG - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 772,706 shares of the bank's stock after selling 30,535 shares

OFG Bancorp (NYSE:OFG) Share Price Crosses Above Two Hundred Day Moving Average of $36.35

First Trust Advisors LP increased its holdings in OFG Bancorp (NYSE:OFG - Free Report) by 15.4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 752,740 shares of the bank's stock after buying an additional 100,661 shares during the quarter. Fi

Massachusetts Financial Services Co. MA lessened its position in OFG Bancorp (NYSE:OFG - Free Report) by 55.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,455 shares of the bank's stock after selling 41,997 shares during

Teacher Retirement System of Texas reduced its stake in shares of OFG Bancorp (NYSE:OFG - Free Report) by 40.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,889 shares of the bank's stock after selling 26,241 shares duri

Dimensional Fund Advisors LP decreased its position in OFG Bancorp (NYSE:OFG - Free Report) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,656,588 shares of the bank's stock after selling 46,3

Panagora Asset Management Inc. grew its position in OFG Bancorp (NYSE:OFG - Free Report) by 38.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,528 shares of the bank's stock after acquiring an add

OFG Bancorp (NYSE:OFG) announced a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 28th will be given a dividend of 0.25 per share by the bank on Monday, July 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, June 28th.

OFG Bancorp (NYSE:OFG - Get Free Report) insider Ganesh Kumar sold 6,695 shares of the business's stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $37.93, for a total value of $253,941.35. Following the transaction, the insider now owns 76,578 shares in the company, valued at approximately $2,904,603.54. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

LSV Asset Management lessened its stake in shares of OFG Bancorp (NYSE:OFG - Free Report) by 8.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,843,037 shares of the bank's stock after selling 16

Louisiana State Employees Retirement System purchased a new position in OFG Bancorp (NYSE:OFG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,500 shares of the bank's stock, valued at a