Daiwa Securities Group Inc. boosted its position in ICICI Bank Ltd. (NYSE:IBN) by 6.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 413,353 shares of the company’s stock after buying an additional 23,353 shares during the period. Daiwa Securities Group Inc.’s holdings in ICICI Bank were worth $3,087,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Deprince Race & Zollo Inc. increased its position in shares of ICICI Bank by 4.2% in the second quarter. Deprince Race & Zollo Inc. now owns 986,120 shares of the company’s stock worth $7,080,000 after buying an additional 39,710 shares in the last quarter. State Street Corp increased its position in shares of ICICI Bank by 2.1% in the first quarter. State Street Corp now owns 3,918,416 shares of the company’s stock worth $28,057,000 after buying an additional 78,742 shares in the last quarter. CAM Group Holding A S increased its position in shares of ICICI Bank by 20.8% in the second quarter. CAM Group Holding A S now owns 3,267,641 shares of the company’s stock worth $23,462,000 after buying an additional 561,601 shares in the last quarter. World Asset Management Inc increased its position in ICICI Bank by 8.3% in the second quarter. World Asset Management Inc now owns 179,942 shares of the company’s stock valued at $1,292,000 after buying an additional 13,861 shares during the period. Finally, Aperio Group LLC increased its position in ICICI Bank by 9.5% in the third quarter. Aperio Group LLC now owns 798,542 shares of the company’s stock valued at $5,965,000 after buying an additional 69,165 shares during the period. Institutional investors and hedge funds own 22.09% of the company’s stock.

Institutional Ownership by Quarter for ICICI Bank (NYSE:IBN)

ICICI Bank Ltd. (NYSE:IBN) traded up 0.94% during trading on Tuesday, hitting $7.53. 8,245,836 shares of the stock traded hands. ICICI Bank Ltd. has a 12 month low of $5.15 and a 12 month high of $8.80. The company has a market cap of $21.89 billion, a P/E ratio of 14.76 and a beta of 2.13. The company’s 50 day moving average price is $8.01 and its 200 day moving average price is $7.61.

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Separately, Goldman Sachs Group Inc. upgraded shares of ICICI Bank from a “neutral” rating to a “buy” rating in a report on Monday, October 24th.

ICICI Bank Company Profile

ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services.

5 Day Chart for NYSE:IBN

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