Jane Street Group LLC raised its position in shares of ICICI Bank Limited (NYSE:IBN) by 661.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,560 shares of the bank’s stock after buying an additional 92,563 shares during the period. Jane Street Group LLC’s holdings in ICICI Bank were worth $672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baldwin Investment Management LLC increased its holdings in shares of ICICI Bank by 0.8% during the second quarter. Baldwin Investment Management LLC now owns 61,073 shares of the bank’s stock worth $548,000 after buying an additional 483 shares in the last quarter. Pitcairn Co. increased its holdings in shares of ICICI Bank by 5.3% during the second quarter. Pitcairn Co. now owns 22,424 shares of the bank’s stock worth $201,000 after buying an additional 1,131 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of ICICI Bank by 10.0% during the second quarter. American Century Companies Inc. now owns 12,980 shares of the bank’s stock worth $116,000 after buying an additional 1,180 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of ICICI Bank by 10.0% in the second quarter. Sequoia Financial Advisors LLC now owns 13,614 shares of the bank’s stock valued at $122,000 after purchasing an additional 1,238 shares in the last quarter. Finally, YorkBridge Wealth Partners LLC increased its holdings in shares of ICICI Bank by 14.3% in the second quarter. YorkBridge Wealth Partners LLC now owns 12,381 shares of the bank’s stock valued at $111,000 after purchasing an additional 1,553 shares in the last quarter. 21.97% of the stock is owned by institutional investors.

ICICI Bank Limited (IBN) traded up $0.13 on Friday, reaching $9.56. 5,146,100 shares of the company’s stock were exchanged, compared to its average volume of 8,044,383. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.72. ICICI Bank Limited has a 12-month low of $6.69 and a 12-month high of $9.93. The firm has a market cap of $30,400.00, a price-to-earnings ratio of 23.58, a PEG ratio of 1.03 and a beta of 1.71.

A number of analysts recently weighed in on the stock. ValuEngine raised shares of ICICI Bank from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Jefferies Group raised shares of ICICI Bank from a “hold” rating to a “buy” rating in a report on Monday, October 30th. Morgan Stanley raised shares of ICICI Bank from an “underweight” rating to an “overweight” rating in a report on Wednesday, October 25th. BidaskClub raised shares of ICICI Bank from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Finally, Zacks Investment Research raised shares of ICICI Bank from a “hold” rating to a “buy” rating and set a $9.50 price target for the company in a report on Tuesday, September 26th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $9.50.

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ICICI Bank 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.

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

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