Keybank National Association OH reduced its holdings in shares of ICICI Bank Ltd (NYSE:IBN) by 5.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 136,674 shares of the bank’s stock after selling 7,702 shares during the quarter. Keybank National Association OH’s holdings in ICICI Bank were worth $1,566,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. bought a new position in shares of ICICI Bank during the 1st quarter worth approximately $32,000. Lindbrook Capital LLC bought a new position in shares of ICICI Bank in the fourth quarter valued at $46,000. Rehmann Capital Advisory Group grew its stake in shares of ICICI Bank by 28.3% in the fourth quarter. Rehmann Capital Advisory Group now owns 6,069 shares of the bank’s stock valued at $62,000 after buying an additional 1,339 shares in the last quarter. Nuveen Asset Management LLC bought a new position in shares of ICICI Bank in the fourth quarter valued at $108,000. Finally, Private Advisor Group LLC bought a new position in shares of ICICI Bank in the fourth quarter valued at $114,000. 23.16% of the stock is owned by institutional investors.
NYSE:IBN opened at $12.42 on Friday. ICICI Bank Ltd has a 1-year low of $7.61 and a 1-year high of $12.47. The firm has a market capitalization of $39.79 billion, a P/E ratio of 38.81 and a beta of 0.96.
ICICI Bank Profile
ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits.
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