Bancolombia S.A. (NYSE:CIB) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC grew its holdings in shares of Bancolombia S.A. (NYSE:CIB) by 126.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,288 shares of the bank’s stock after purchasing an additional 2,949 shares during the quarter. V Square Quantitative Management LLC’s holdings in Bancolombia were worth $169,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CIB. Measured Wealth Private Client Group LLC raised its holdings in shares of Bancolombia by 13.4% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 8,848 shares of the bank’s stock worth $279,000 after acquiring an additional 1,048 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Bancolombia by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,246 shares of the bank’s stock worth $72,000 after acquiring an additional 657 shares during the period. Caprock Group LLC raised its holdings in shares of Bancolombia by 21.8% during the 4th quarter. Caprock Group LLC now owns 24,324 shares of the bank’s stock worth $786,000 after acquiring an additional 4,360 shares during the period. R Squared Ltd purchased a new position in shares of Bancolombia during the 4th quarter worth $121,000. Finally, BSW Wealth Partners raised its holdings in shares of Bancolombia by 7.9% during the 4th quarter. BSW Wealth Partners now owns 17,932 shares of the bank’s stock worth $565,000 after acquiring an additional 1,306 shares during the period.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded Bancolombia from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $40.00 to $53.00 in a report on Tuesday, January 28th.

Bancolombia Stock Up 1.1 %

Shares of CIB opened at $40.75 on Tuesday. The firm has a market cap of $9.80 billion, a P/E ratio of 6.46, a price-to-earnings-growth ratio of 2.27 and a beta of 1.22. Bancolombia S.A. has a 12-month low of $30.25 and a 12-month high of $41.00. The company’s 50-day moving average price is $34.78 and its 200 day moving average price is $33.18. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.34.

Bancolombia Company 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.