As Bancolombia Sa (CIB) Shares Rose, Marathon Asset Management Llp Increased Stake by $110.61 Million

Bancolombia S.A. (NYSE:CIB) Corporate Logo

In 2018Q3 SEC filling is reported Marathon Asset Management Llp’s holdings in Bancolombia Sa (CIB) which was upped by 355.28%. By buying 2.63 million shares Marathon Asset Management Llp made the stock popped up with 0.82%. The commercial banks company at the end of 2018Q3 was valued at $141.93M. It’s up from 741,244 at the end of the previous reported quarter. Now it had 3.37 million shares held by the hedge fund . $37.40B is the MC of Bancolombia Sa. CIB is hitting $43.37 during the last trading session, after decreased 0.25%.Bancolombia S.A. has volume of 41,997 shares. Since January 14, 2018 CIB has risen 4.05% and is uptrending. CIB outperformed by 4.05% the S&P 500.

Marathon Asset Management Llp manages about $50.94B and $7.92 billion US Long portfolio. According to a filing the fund decreased its stake in Rayonier Inc (NYSE:RYN) by 166,024 shares to 1.48 million shares, valued at $50.01M in 2018Q3. For a total of 252,640 shares it reduced its holding in Lauder Estee Companies Inc (NYSE:EL) by 173,593 shares in the quarter, and has cut its stake in National Oilwell Varco (NYSE:NOV).

For more Bancolombia S.A. (NYSE:CIB) news released briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Zacks.com or Seekingalpha.com. The titles are as follows: “Bancolombia S.A. (CIB) CEO Juan Carlos Mora Uribe on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” released on November 11, 2018, “Bancolombia: An Innovative And Undervalued South American Bank – Seeking Alpha” on June 18, 2018, “Bancolombia: Favorable Economic Conditions May Provide Excess Returns – Seeking Alpha” with a publish date: August 29, 2018, “Trading, Loan Growth to Support JPMorgan’s (JPM) Q4 Earnings – Zacks.com” and the last “Bancolombia: Deteriorating Fundamentals And Political Uncertainty Make Risk/Reward Unattractive – Seeking Alpha” with publication date: May 29, 2018.

Bancolombia S.A. (NYSE:CIB) Analyst Ratings Chart

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