OFG Bancorp (NYSE:OFG) Director Jesus Nestor De Sells 2,000 Shares

23 Dec 2025, 00:26 by Tristan Rich · The Markets Daily

OFG Bancorp (NYSE:OFG – Get Free Report) Director Jesus Nestor De sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $42.31, for a total transaction of $84,620.00. Following the completion of the transaction, the director directly owned 22,690 shares of the company’s stock, valued at $960,013.90. This trade represents a 8.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

OFG Bancorp Stock Down 0.0%

NYSE OFG traded down $0.02 during midday trading on Monday, hitting $42.28. 193,051 shares of the company traded hands, compared to its average volume of 304,163. The company has a market cap of $1.86 billion, a PE ratio of 9.61 and a beta of 0.79. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.85 and a quick ratio of 0.85. OFG Bancorp has a 52 week low of $33.15 and a 52 week high of $46.11. The company’s 50-day simple moving average is $40.56 and its 200-day simple moving average is $42.36.

OFG Bancorp (NYSE:OFG – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The bank reported $1.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.16. OFG Bancorp had a return on equity of 15.18% and a net margin of 22.26%.The firm had revenue of $186.18 million during the quarter, compared to analysts’ expectations of $186.71 million. During the same period in the prior year, the business posted $1.00 EPS. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, equities research analysts forecast that OFG Bancorp will post 4.18 earnings per share for the current year.

OFG Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, December 31st. OFG Bancorp’s dividend payout ratio (DPR) is presently 27.27%.

Hedge Funds Weigh In On OFG Bancorp

Several institutional investors have recently added to or reduced their stakes in OFG. Quarry LP purchased a new stake in shares of OFG Bancorp during the third quarter worth approximately $35,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of OFG Bancorp during the third quarter worth about $53,000. EverSource Wealth Advisors LLC raised its holdings in OFG Bancorp by 250.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,533 shares of the bank’s stock worth $66,000 after purchasing an additional 1,095 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in OFG Bancorp in the second quarter valued at about $97,000. Finally, Quantbot Technologies LP purchased a new stake in OFG Bancorp in the 2nd quarter valued at approximately $162,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OFG. Truist Financial lowered their price target on shares of OFG Bancorp from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Zacks Research lowered shares of OFG Bancorp from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 16th. UBS Group set a $50.00 price objective on OFG Bancorp in a research report on Thursday, October 9th. Wells Fargo & Company dropped their price target on shares of OFG Bancorp from $48.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, October 27th. Finally, Keefe, Bruyette & Woods cut their price objective on OFG Bancorp from $51.00 to $50.00 and set an “outperform” rating for the company in a research report on Thursday, October 23rd. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $47.17.

Check Out Our Latest Stock Report on OFG

About OFG Bancorp

(Get Free Report)

OFG Bancorp, through its principal subsidiary Oriental Bank, is a financial holding company headquartered in San Juan, Puerto Rico. The company provides a wide range of banking services, including commercial and consumer deposit accounts, small business loans, corporate lending, treasury management, and cash management solutions. Its consumer offerings encompass personal checking and savings accounts, credit cards, and electronic banking platforms designed to serve retail customers across its markets.