Actions by Columbia Banking System, Inc. (Nasdaq: Colb) purchased by the Swiss National Bank

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The Swiss National Bank raised its position in Columbia Banking System, Inc. (Nasdaq: ColbGet a note) 7.2% in the 1st quarter, Participation channel reports. The fund held 185,707 actions of the financial service provider after purchased 12,400 additional shares during the period. The assets of the Swiss National Bank in Columbia Banking System were worth $ 5,993,000 during its last deposit with the SEC.

Several other major investors have also recently purchased and sold Colb shares. Covestor LTD bought a new position in shabumia Banking System shares in the 4th quarter worth $ 28,000. Pinebridge Investments LP bought a new position in stocks by Columbia Banking System during the 4th quarter, valued at around $ 69,000. Fourthought Financial LLC increased its participation in the actions of Columbia Banking System by 29.6 % during the 1st quarter. Fourthought Financial LLC now holds 3,671 shares from the financial service provider estimated at $ 118,000 after buying 839 additional shares in the last quarter. Prospera Financial Services Inc bought a new position in shaumbia Banking System shares during the 1st quarter worth around $ 129,000. Finally, Point72 Hong Kong Ltd bought a new position in stocks by Columbia Banking System during the 4th quarter, estimated at around $ 139,000. Institutional investors and hedge funds hold 94.44 % of the company’s shares.

Changes to analyst ratings

Several action analysts have recently commented on Colb actions. Raymond James has reduced his target price on Columbia Banking System from $ 38.00 to $ 34.00 and set a “outperformance” note for the company in a research note on Thursday, July 7. Piper Sandler reduced its price goal on Columbia Banking System from $ 35.00 to $ 31.00 in a search rating on Monday May 2. Four analysts awarded the action a maintenance note and two awarded a purchase note to action. Based on MarketBeat.com data, Columbia Banking System currently has a consensual note of “Hold” and a consensual price target of $ 34.80.

Columbia banking system price performance

Shares of Colb Open at $ 30.92 Wednesday. Action has a market capitalization of $ 2.43 billion, a PE ratio of 11.12 and a beta of 0.67. Columbia Banking System, Inc. has a minimum over 12 months of $ 26.97 and a maximum over 12 months of $ 40.78. The average mobile price over fifty days of the company is $ 29.74 and its average mobile price over 200 days is $ 31.18.

Colombian banking system (Nasdaq: ColbGet a note) published its results for the last time on Thursday July 21. The financial service provider declared a profit per share (EPS) of $ 0.75 for the quarter, missing the consensual estimates of analysts of $ 0.77 per ($ 0.02). Columbia Banking System had a net margin of 31.28 % and a capital return of 9.68 %. During the same period of the previous year, the company made a profit per share of $ 0.77. As a group, research analysts provide that Columbia Banking System, Inc. will display a profit per share of 2.74 for the current exercise.

Columbia banking system announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 17. The shareholders registered on Wednesday August 3 received a dividend of $ 0.30. This represents a dividend of $ 1.20 on an annualized basis and a yield of 3.88 %. The ex-dividend date was Tuesday August 2. The Columbia Banking System distribution rate is 43.17 %.

Purchase and sale of initiates at Columbia Banking System

In addition, the director Craig D. Eerkes bought 1,694 actions of the company during a transaction on Friday, June 10. The shares were purchased at an average cost of $ 28.52 per share, for a total transaction of $ 48,312.88. Following the finalization of the purchase, the director now holds 20,227 shares of the company, valued at around 576,874.04 $. The transaction was disclosed in a file filed with the Securities & Exchange Commission, accessible via This hypertext link. In the past three months, the initiates have bought 2,713 actions from the company worth $ 74,593. 0.62% of the shares are held by initiates.

Columbia banking system profile

(Get a note)

Columbia Banking System, Inc operates as a banking portfolio company for Columbia State Bank which provides a range of banking services to small and medium-sized businesses, professionals and individuals in the United States. It offers personal banking products and services, including uninteresting checks and interests, savings accounts, money market and deposit certificates; real estate mortgages for purchases and refinance, loans on the net property value and credit margins and other personal loans; debit and credit cards; and digital banking services.

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Do you want to see which other Hedge Funds hold Colb? Visit HoldingsChannel.com To obtain the latest 13F deposits and initiate transactions for Columbia Banking System, Inc. (Nasdaq: ColbGet a note).

Institutional property per quarter for Columbia Banking System (Nasdaq: Colb)



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