Amundi Has $17.83 Million Stock Holdings in Grupo Cibest S.A. – Sponsored ADR $CIB

Amundi raised its position in Grupo Cibest S.A. – Sponsored ADR (NYSE:CIB) by 6.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 384,613 shares of the bank’s stock after buying an additional 23,168 shares during the period. Amundi’s holdings in Grupo Cibest were worth $17,831,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in CIB. Caitong International Asset Management Co. Ltd lifted its stake in shares of Grupo Cibest by 253.2% during the second quarter. Caitong International Asset Management Co. Ltd now owns 657 shares of the bank’s stock valued at $30,000 after acquiring an additional 471 shares during the period. SVB Wealth LLC bought a new stake in Grupo Cibest during the 1st quarter worth about $45,000. Aberdeen Group plc acquired a new position in Grupo Cibest during the 1st quarter valued at about $201,000. West Family Investments Inc. acquired a new position in Grupo Cibest during the 2nd quarter valued at about $222,000. Finally, Aigen Investment Management LP bought a new position in shares of Grupo Cibest in the 1st quarter valued at about $241,000.

Grupo Cibest Trading Up 1.3%

Shares of NYSE CIB opened at $64.41 on Thursday. Grupo Cibest S.A. – Sponsored ADR has a twelve month low of $31.19 and a twelve month high of $65.46. The stock has a market cap of $15.49 billion, a price-to-earnings ratio of 8.85, a P/E/G ratio of 0.89 and a beta of 0.88. 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 company’s fifty day moving average is $59.06 and its 200-day moving average is $51.14.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CIB shares. JPMorgan Chase & Co. boosted their price target on shares of Grupo Cibest from $48.00 to $65.00 and gave the stock a “neutral” rating in a research note on Friday, November 21st. Bank of America reaffirmed an “underperform” rating on shares of Grupo Cibest in a report on Thursday, September 11th. Zacks Research raised Grupo Cibest from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 24th. Citigroup restated a “buy” rating on shares of Grupo Cibest in a research report on Monday, October 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Grupo Cibest in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Grupo Cibest currently has a consensus rating of “Hold” and an average price target of $48.00.

Grupo Cibest 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.