Bancolombia S.A. (CIB) Reaches $39.10 After 4.00% Up Move; Atalanta Sosnoff Capital Has Raised Becton Dickinson & Co (BDX) Holding By $5.69 Million

December 6, 2017 - By Winifred Garcia

Atalanta Sosnoff Capital Llc increased Becton Dickinson & Co (BDX) stake by 19.55% reported in 2017Q2 SEC filing. Atalanta Sosnoff Capital Llc acquired 29,196 shares as Becton Dickinson & Co (BDX)’s stock rose 1.79%. The Atalanta Sosnoff Capital Llc holds 178,538 shares with $34.84M value, up from 149,342 last quarter. Becton Dickinson & Co now has $49.98 billion valuation. The stock increased 0.07% or $0.14 during the last trading session, reaching $219.21. About 466,347 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 12.32% since December 6, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

The stock of Bancolombia S.A. (NYSE:CIB) is a huge mover today! The stock increased 2.06% or $0.79 during the last trading session, reaching $39.1. About 262,766 shares traded. Bancolombia S.A. (NYSE:CIB) has risen 27.44% since December 6, 2016 and is uptrending. It has outperformed by 10.74% the S&P500.The move comes after 6 months positive chart setup for the $9.62B company. It was reported on Dec, 6 by Barchart.com. We have $40.66 PT which if reached, will make NYSE:CIB worth $384.84M more.

Analysts await Bancolombia S.A. (NYSE:CIB) to report earnings on February, 20. CIB’s profit will be $248.52M for 9.68 P/E if the $1.01 EPS becomes a reality. After $0.64 actual EPS reported by Bancolombia S.A. for the previous quarter, Wall Street now forecasts 57.81% EPS growth.

Among 10 analysts covering Bancolombia S.A. (NYSE:CIB), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. Bancolombia S.A. has $51 highest and $30.50 lowest target. $42.08’s average target is 7.62% above currents $39.1 stock price. Bancolombia S.A. had 21 analyst reports since July 23, 2015 according to SRatingsIntel. Standpoint Research upgraded Bancolombia S.A. (NYSE:CIB) on Monday, August 17 to “Buy” rating. As per Thursday, October 6, the company rating was downgraded by Credit Suisse. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, October 28 report. The stock has “Underperform” rating by Bank of America on Friday, February 24. The company was maintained on Thursday, March 24 by Barclays Capital. The firm has “Sell” rating given on Wednesday, March 16 by UBS. Bank of America downgraded the stock to “Neutral” rating in Monday, March 14 report. The stock of Bancolombia S.A. (NYSE:CIB) earned “Hold” rating by HSBC on Tuesday, August 15. The rating was upgraded by Morgan Stanley on Tuesday, December 13 to “Overweight”. The stock has “Overweight” rating by JP Morgan on Thursday, July 23.

Bancolombia S.A. provides various banking services and products to individual, corporate, and government clients throughout Colombia, Latin America, and the Caribbean region. The company has market cap of $9.62 billion. The firm operates through nine divisions: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other. It has a 10.02 P/E ratio. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services.

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.31, from 0.87 in 2017Q1. It improved, as 50 investors sold BDX shares while 311 reduced holdings. 91 funds opened positions while 334 raised stakes. 195.76 million shares or 16.43% more from 168.14 million shares in 2017Q1 were reported. Moreover, Pension has 0.2% invested in Becton, Dickinson and Company (NYSE:BDX). Middleton And Ma has 2,386 shares for 0.1% of their portfolio. 20,879 are owned by Marshall Wace Limited Liability Partnership. State Board Of Administration Of Florida Retirement Sys holds 0.17% or 312,941 shares. Oakworth Cap invested 0.19% in Becton, Dickinson and Company (NYSE:BDX). The Massachusetts-based Numeric Ltd has invested 0.01% in Becton, Dickinson and Company (NYSE:BDX). Glob X Co Limited Liability Company reported 0.02% in Becton, Dickinson and Company (NYSE:BDX). Blume Cap Mngmt holds 600 shares or 0.07% of its portfolio. First Interstate Financial Bank invested in 466 shares or 0.02% of the stock. Hahn Management Limited owns 215,287 shares or 0% of their US portfolio. Banque Pictet & Cie invested in 0.1% or 22,600 shares. Monroe Bankshares And Tru Mi has 400 shares for 0.03% of their portfolio. Chem National Bank & Trust stated it has 0.11% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Daiwa Securities Grp Incorporated owns 6,410 shares or 0.01% of their US portfolio. Prudential Fin stated it has 323,023 shares or 0.09% of all its holdings.

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