Two Sigma Investments LP lifted its stake in shares of ICICI Bank Ltd (NYSE:IBN) by 16.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,295,722 shares of the bank’s stock after buying an additional 477,081 shares during the quarter. Two Sigma Investments LP owned about 0.10% of ICICI Bank worth $32,067,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Two Sigma Advisers LP lifted its stake in shares of ICICI Bank by 686.7% during the 4th quarter. Two Sigma Advisers LP now owns 82,210 shares of the bank’s stock worth $800,000 after buying an additional 71,760 shares during the last quarter. Guggenheim Capital LLC lifted its stake in shares of ICICI Bank by 4.5% during the 4th quarter. Guggenheim Capital LLC now owns 251,961 shares of the bank’s stock worth $2,451,000 after buying an additional 10,863 shares during the last quarter. Discovery Capital Management LLC CT acquired a new stake in shares of ICICI Bank during the 4th quarter worth about $22,050,000. Nomura Asset Management Co. Ltd. lifted its stake in shares of ICICI Bank by 7.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,017,848 shares of the bank’s stock worth $9,904,000 after buying an additional 66,578 shares during the last quarter. Finally, Driehaus Capital Management LLC lifted its stake in shares of ICICI Bank by 145.7% during the 4th quarter. Driehaus Capital Management LLC now owns 31,852 shares of the bank’s stock worth $310,000 after buying an additional 18,889 shares during the last quarter. Institutional investors own 21.82% of the company’s stock.
Shares of ICICI Bank Ltd (NYSE:IBN) opened at $9.38 on Wednesday. ICICI Bank Ltd has a 12 month low of $7.35 and a 12 month high of $11.26. The firm has a market cap of $29,920.33, a PE ratio of 23.45, a price-to-earnings-growth ratio of 1.11 and a beta of 1.86.
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About ICICI Bank
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.
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