Boston Common Asset Management LLC Decreases Holdings in Bancolombia S.A. (NYSE:CIB)

Boston Common Asset Management LLC lowered its position in Bancolombia S.A. (NYSE:CIB) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,373 shares of the bank’s stock after selling 479 shares during the quarter. Boston Common Asset Management LLC owned approximately 0.08% of Bancolombia worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of CIB. Measured Wealth Private Client Group LLC lifted its stake in shares of Bancolombia by 6.4% in the 3rd quarter. Measured Wealth Private Client Group LLC now owns 7,800 shares of the bank’s stock valued at $245,000 after acquiring an additional 471 shares during the last quarter. Blue Trust Inc. lifted its position in Bancolombia by 96.5% in the third quarter. Blue Trust Inc. now owns 1,305 shares of the bank’s stock valued at $43,000 after purchasing an additional 641 shares during the last quarter. US Bancorp DE boosted its stake in shares of Bancolombia by 18.9% during the third quarter. US Bancorp DE now owns 5,282 shares of the bank’s stock valued at $166,000 after purchasing an additional 839 shares during the period. Venturi Wealth Management LLC bought a new position in shares of Bancolombia in the third quarter worth approximately $27,000. Finally, Caprock Group LLC increased its stake in shares of Bancolombia by 8.8% in the third quarter. Caprock Group LLC now owns 19,964 shares of the bank’s stock worth $643,000 after buying an additional 1,621 shares during the period.

Bancolombia Price Performance

Shares of Bancolombia stock opened at $32.15 on Friday. The firm has a market cap of $7.73 billion, a PE ratio of 5.09, a price-to-earnings-growth ratio of 1.83 and a beta of 1.20. The company’s fifty day simple moving average is $32.42 and its two-hundred day simple moving average is $32.49. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.34. Bancolombia S.A. has a 12-month low of $30.25 and a 12-month high of $37.85.

Bancolombia Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Monday, December 30th were paid a dividend of $0.8044 per share. The ex-dividend date was Monday, December 30th. This represents a $3.22 annualized dividend and a dividend yield of 10.01%. Bancolombia’s dividend payout ratio (DPR) is presently 50.71%.

About Bancolombia

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.