OLD National Bancorp IN held its stake in ICICI Bank Limited (NYSE:IBN) during the second quarter, according to its most recent filing with the SEC. The fund owned 20,319 shares of the bank’s stock at the end of the second quarter. OLD National Bancorp IN’s holdings in ICICI Bank Limited were worth $182,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Capstone Asset Management Co. raised its position in shares of ICICI Bank Limited by 0.4% in the second quarter. Capstone Asset Management Co. now owns 82,479 shares of the bank’s stock valued at $740,000 after buying an additional 360 shares in the last quarter. HighTower Advisors LLC raised its position in shares of ICICI Bank Limited by 2.4% in the first quarter. HighTower Advisors LLC now owns 16,476 shares of the bank’s stock valued at $144,000 after buying an additional 384 shares in the last quarter. Portland Global Advisors LLC raised its position in shares of ICICI Bank Limited by 0.3% in the first quarter. Portland Global Advisors LLC now owns 237,164 shares of the bank’s stock valued at $2,040,000 after buying an additional 650 shares in the last quarter. Gilder Gagnon Howe & Co. LLC raised its position in shares of ICICI Bank Limited by 5.3% in the first quarter. Gilder Gagnon Howe & Co. LLC now owns 13,956 shares of the bank’s stock valued at $120,000 after buying an additional 699 shares in the last quarter. Finally, Capital One National Association raised its position in shares of ICICI Bank Limited by 4.5% in the second quarter. Capital One National Association now owns 23,731 shares of the bank’s stock valued at $213,000 after buying an additional 1,028 shares in the last quarter. Institutional investors own 20.68% of the company’s stock.
ICICI Bank Limited (IBN) opened at 9.47 on Tuesday. The company has a market capitalization of $30.34 billion, a price-to-earnings ratio of 19.17 and a beta of 1.77. The company’s 50-day moving average is $9.05 and its 200 day moving average is $8.12. ICICI Bank Limited has a 52 week low of $6.43 and a 52 week high of $9.48.
The business also recently disclosed a None dividend, which was paid on Monday, July 3rd. Shareholders of record on Wednesday, June 21st were given a dividend of $0.077 per share. The ex-dividend date of this dividend was Monday, June 19th. ICICI Bank Limited’s payout ratio is currently 17.96%.
Several research analysts recently issued reports on IBN shares. BidaskClub raised shares of ICICI Bank Limited from a “hold” rating to a “buy” rating in a research note on Friday, June 23rd. Zacks Investment Research raised shares of ICICI Bank Limited from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Wednesday, June 7th. Finally, Goldman Sachs Group, Inc. (The) raised shares of ICICI Bank Limited from a “buy” rating to a “conviction-buy” rating in a research note on Tuesday, June 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $11.00.
ICICI Bank Limited Company Profile
ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services.
Receive News & Ratings for ICICI Bank Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICICI Bank Limited and related companies with MarketBeat.com's FREE daily email newsletter.
