BanColombia (CIB) Earns Media Sentiment Score of 0.12
News stories about BanColombia (NYSE:CIB) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BanColombia earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.5165505941436 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of BanColombia from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Santander cut shares of BanColombia from a “hold” rating to an “underperform” rating in a research note on Wednesday, September 20th. J P Morgan Chase & Co cut shares of BanColombia from a “neutral” rating to an “underweight” rating and set a $41.00 price objective on the stock. in a research note on Wednesday. Finally, BidaskClub raised shares of BanColombia from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $46.33.
Shares of BanColombia (NYSE:CIB) opened at 45.69 on Thursday. The stock’s 50 day moving average is $46.06 and its 200-day moving average is $43.54. The firm has a market cap of $10.99 billion, a PE ratio of 10.79 and a beta of 0.32. BanColombia has a 52 week low of $31.98 and a 52 week high of $48.74.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Thursday, September 28th will be issued a dividend of $0.3278 per share. This represents a $1.31 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Wednesday, September 27th. This is a positive change from BanColombia’s previous quarterly dividend of $0.33. BanColombia’s dividend payout ratio is currently 29.31%.
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BanColombia Company Profile
Bancolombia SA (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other.
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