BanColombia S.A. (NYSE:CIB - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.36 and traded as high as $45.19. BanColombia shares last traded at $44.90, with a volume of 158,020 shares trading hands.
Wall Street Analyst Weigh In
Separately, UBS Group reiterated a "neutral" rating and set a $38.00 price target (up from $35.00) on shares of BanColombia in a research report on Monday, June 2nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $39.00.
Get Our Latest Stock Report on CIB
BanColombia Stock Down 0.4%
The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.26. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 7.38, a PEG ratio of 0.96 and a beta of 0.93. The business's fifty day moving average is $43.34 and its two-hundred day moving average is $40.61.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in CIB. Raymond James Financial Inc. purchased a new position in BanColombia in the fourth quarter worth approximately $3,104,000. Thrivent Financial for Lutherans lifted its position in shares of BanColombia by 30.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 91,927 shares of the bank's stock worth $2,897,000 after buying an additional 21,249 shares during the last quarter. Truffle Hound Capital LLC purchased a new stake in shares of BanColombia during the 4th quarter worth approximately $11,028,000. American Century Companies Inc. lifted its position in shares of BanColombia by 6.9% during the 4th quarter. American Century Companies Inc. now owns 96,890 shares of the bank's stock worth $3,053,000 after buying an additional 6,243 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of BanColombia by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,099,224 shares of the bank's stock worth $97,657,000 after buying an additional 19,499 shares during the last quarter.
BanColombia Company Profile
(
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Bancolombia SA, together with its subsidiaries, provides banking products and services in Colombia and internationally. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other.
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