Grupo Cibest S.A. - Sponsored ADR $CIB Stock Position Boosted by Calamos Advisors LLC

Key Points

• Calamos Advisors increased its Grupo Cibest stake by 242.9% in the third quarter, adding 31,090 shares to reach 43,890 shares valued at about $4.1 million. Other institutional investors also reported increasing their holdings.
• Analyst views are mixed, with the stock carrying a consensus “Hold” rating and an average price target of $90.83. The shares opened at $92.21, below their 50-day average of $96.21.
• Grupo Cibest reported quarterly EPS of $3.32, beating the $2.14 consensus estimate, though revenue of $2.31 billion missed expectations. It also paid a special dividend of $1.6324 per share.

Calamos Advisors LLC increased its position in Grupo Cibest S.A. - Sponsored ADR (NYSE:CIB - Free Report) by 242.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,890 shares of the bank's stock after purchasing an additional 31,090 shares during the period. Calamos Advisors LLC's holdings in Grupo Cibest were worth $4,075,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CIB. Bank of America Corp DE raised its holdings in Grupo Cibest by 9.1% in the first quarter. Bank of America Corp DE now owns 516,834 shares of the bank's stock worth $37,631,000 after buying an additional 43,126 shares during the last quarter. Amundi grew its holdings in shares of Grupo Cibest by 26.7% during the first quarter. Amundi now owns 495,535 shares of the bank's stock valued at $36,080,000 after buying an additional 104,280 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Grupo Cibest by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 434,635 shares of the bank's stock valued at $31,599,000 after buying an additional 2,132 shares during the last quarter. ABN Amro Investment Solutions grew its holdings in shares of Grupo Cibest by 36.3% during the first quarter. ABN Amro Investment Solutions now owns 249,345 shares of the bank's stock valued at $18,155,000 after buying an additional 66,400 shares during the last quarter. Finally, Triasima Portfolio Management inc. increased its position in shares of Grupo Cibest by 14.7% during the third quarter. Triasima Portfolio Management inc. now owns 141,201 shares of the bank's stock valued at $13,111,000 after acquiring an additional 18,050 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Grupo Cibest from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. JPMorgan Chase & Co. downgraded Grupo Cibest from an "overweight" rating to a "neutral" rating and set a $110.00 target price on the stock. in a research note on Wednesday, September 16th. Weiss Ratings raised Grupo Cibest from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Citigroup raised Grupo Cibest from a "hold" rating to a "buy" rating in a report on Thursday, August 13th. Finally, Royal Bank Of Canada set a $110.00 price target on Grupo Cibest in a research note on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Grupo Cibest presently has an average rating of "Hold" and a consensus price target of $90.83.

Grupo Cibest Stock Performance

Shares of NYSE CIB opened at $92.21 on Monday. The firm's 50-day moving average price is $96.21 and its 200-day moving average price is $82.33. Grupo Cibest S.A. - Sponsored ADR has a 52-week low of $59.64 and a 52-week high of $105.60. The company has a market cap of $21.88 billion, a PE ratio of 17.97, a PEG ratio of 0.70 and a beta of 0.69. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.18.

Grupo Cibest (NYSE:CIB - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The bank reported $3.32 earnings per share for the quarter, beating the consensus estimate of $2.14 by $1.18. Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The firm had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.40 billion. As a group, analysts anticipate that Grupo Cibest S.A. - Sponsored ADR will post 10.87 EPS for the current year.

Grupo Cibest Announces Dividend

The business also recently announced a special dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 8th were given a $1.6324 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. Grupo Cibest's payout ratio is 106.24%.

Grupo Cibest Profile

Grupo Cibest SA is a financial holding company whose businesses provide banking and related financial services to individuals, businesses and institutions. Its offerings include consumer and commercial banking, payments, leasing, trust and investment services, and digital financial products.

The group operates primarily in Colombia and also has a presence in Central America through businesses including Banco Agrícola in El Salvador and Banistmo in Panama. Its digital services include Nequi, a financial platform serving customers in Colombia.

Grupo Cibest was established in 2025 through a corporate reorganization of Bancolombia, which became part of the new holding-company structure.

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