XTX Topco Ltd Has $1.11 Million Stock Holdings in BanColombia S.A. (NYSE:CIB)

Key Points

• XTX Topco Ltd significantly increased its investment in BanColombia S.A. by 139.1% during the first quarter, bringing its total holdings to 27,607 shares valued at approximately $1.11 million.
• Multiple large investors have also adjusted their positions in BanColombia, with notable acquisitions including Itau Unibanco's $24.8 million stake and JPMorgan Chase's 40% increase in holdings.
• Analysts maintain a "neutral" rating for BanColombia with a target price increase to $38.00, reflecting a consensus rating of "Hold" with a target average price of $39.00.

XTX Topco Ltd increased its position in BanColombia S.A. (NYSE:CIB - Free Report) by 139.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,607 shares of the bank's stock after buying an additional 16,063 shares during the period. XTX Topco Ltd's holdings in BanColombia were worth $1,110,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CIB. Itau Unibanco Holding S.A. acquired a new stake in shares of BanColombia in the 4th quarter valued at about $24,801,000. RWC Asset Management LLP acquired a new position in BanColombia during the 1st quarter valued at about $12,536,000. Ranmore Fund Management Ltd acquired a new position in BanColombia during the 4th quarter valued at about $8,284,000. JPMorgan Chase & Co. boosted its stake in BanColombia by 40.0% during the 4th quarter. JPMorgan Chase & Co. now owns 484,281 shares of the bank's stock valued at $15,260,000 after purchasing an additional 138,461 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its stake in BanColombia by 143.4% during the 4th quarter. Voloridge Investment Management LLC now owns 190,469 shares of the bank's stock valued at $6,002,000 after purchasing an additional 112,208 shares during the last quarter.

Analyst Ratings Changes

Separately, UBS Group reiterated a "neutral" rating and set a $38.00 price target (up previously from $35.00) on shares of BanColombia in a research note 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $39.00.

BanColombia Price Performance

Shares of NYSE CIB opened at $44.13 on Friday. BanColombia S.A. has a twelve month low of $30.25 and a twelve month high of $46.81. The stock's 50 day moving average price is $43.99 and its 200-day moving average price is $41.54. The company has a market capitalization of $10.61 billion, a PE ratio of 7.07, a PEG ratio of 0.94 and a beta of 0.93. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.26.

BanColombia Profile

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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