|Bid||54.76 x 1000|
|Ask||54.94 x 1100|
|Day's Range||54.60 - 55.38|
|52 Week Range||44.66 - 56.10|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.20 (2.18%)|
|Ex-Dividend Date||Dec 25, 2019|
|1y Target Est||56.95|
Moody's Investors Service ("Moody's") has today assigned a Baa2 foreign currency debt rating to the proposed USD-denominated senior unsecured notes to be issued by Bancolombia S.A. (Bancolombia). The Baa2 foreign currency senior unsecured debt rating is in line with Bancolombia's Baa2 global local currency deposit rating and incorporates two notches of uplift from the bank's ba1 baseline credit assessment (BCA) to reflect Bancolombia's systemic importance. The assessment considers Bancolombia's leading deposit franchise in Colombia; the Colombian authorities' track record of providing support to systemically important financial institutions in the past; and the material systemic consequences of an unsupported failure of any of them.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 of 2018 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat […]
Moody's Investors Service ("Moody's") has today assigned a Ba3(hyb) rating to the proposed USD-denominated contractual non-viability Tier 2 subordinated notes to be issued by Bancolombia S.A. (Bancolombia). The capital securities are Basel III-compliant, and their terms and conditions have been defined so as to qualify the notes for treatment as Tier 2 capital pursuant to Colombian regulation. The Ba3(hyb) rating assigned to the new Tier 2 subordinated notes is positioned two notches below the ba1 adjusted baseline credit assessment (adjusted BCA) of Bancolombia in line with Moody's standard notching guidance for contractual non-viability subordinated debt with a full or partial principal write-down triggered at or close to the point of non-viability.
Mitsubishi UFJ Financial Group's (MUFG) interim results for fiscal 2019 are expected to reflect higher expenses related to investments and fall in interest income.
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Swiss Universal Bank, a unit of Credit Suisse (CS) will transform its branch to a digital branch with the creation of direct banking unit, effective Sep 1.
Deutsche Bank (DB) agrees to pay settlement charges despite not admitting or denying the allegations regarding violation of the Foreign Corrupt Practices Act.
UBS Group's (UBS) is focused on achieving its performance targets through execution of cost management and several restructuring initiatives.
The buyout is expected to expand Accenture's (ACN) position as one of the leading experience agencies in the rapidly growing Latin American market.
Deutsche Bank (DB) makes progress in meeting the radical restructuring targets it had announced in July 2019 to free up capital for other productive business lines.
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
Moody's Investors Service, ("Moody's") has today changed to stable, from negative, the outlook on Bancolombia S.A. (Bancolombia)'s ratings. At the same time, Moody's affirmed Bancolombia, Banco de Bogotá S.A. (Banco de Bogota) and Banco Davivienda S.A.'s (Davivienda) long-term global local- and foreign currency deposit ratings as well as the long-term foreign currency senior unsecured debt ratings, following the affirmation of their respective baseline credit assessments (BCAs) The outlook on Banco de Bogota and Davivienda's ratings remains negative.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MEDELLIN, Colombia , April 25, 2019 /PRNewswire/ -- Bancolombia S.A. ("Bancolombia") (NYSE: CIB) announces that it has filed its annual report on Form 20-F for the year ended December 31, 2018 ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bancolombia S.A. New York, April 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bancolombia S.A. and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Insider Monkey finished processing more than 700 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of December 31st, 2018. In this article we are going to take a look at smart money sentiment towards BanColombia S.A. (NYSE:CIB). BanColombia S.A. (NYSE:CIB) has seen an increase in activity […]