EagleClaw Capital Managment LLC maintained its stake in ICICI Bank Limited (NYSE:IBN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,000 shares of the bank’s stock at the end of the 2nd quarter. EagleClaw Capital Managment LLC’s holdings in ICICI Bank Limited were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IBN. BlackRock Inc. increased its position in shares of ICICI Bank Limited by 9,570.9% during the first quarter. BlackRock Inc. now owns 16,350,196 shares of the bank’s stock valued at $140,610,000 after acquiring an additional 16,181,130 shares during the last quarter. Morgan Stanley increased its position in shares of ICICI Bank Limited by 1,269.1% during the first quarter. Morgan Stanley now owns 12,277,063 shares of the bank’s stock valued at $105,583,000 after acquiring an additional 11,380,354 shares during the last quarter. BT Investment Management Ltd acquired a new stake in shares of ICICI Bank Limited during the second quarter valued at about $86,396,000. Lazard Asset Management LLC increased its position in shares of ICICI Bank Limited by 90.0% during the second quarter. Lazard Asset Management LLC now owns 19,738,017 shares of the bank’s stock valued at $177,050,000 after acquiring an additional 9,351,380 shares during the last quarter. Finally, LMR Partners LLP increased its position in shares of ICICI Bank Limited by 102.2% during the second quarter. LMR Partners LLP now owns 12,055,375 shares of the bank’s stock valued at $108,324,000 after acquiring an additional 6,091,901 shares during the last quarter. Institutional investors and hedge funds own 21.68% of the company’s stock.

ICICI Bank Limited (NYSE:IBN) last posted its earnings results on Thursday, July 27th. The bank reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.10. The firm had revenue of $1.39 billion during the quarter. ICICI Bank Limited had a net margin of 13.03% and a return on equity of 8.86%.

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A number of brokerages have weighed in on IBN. BidaskClub cut shares of ICICI Bank Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. ValuEngine cut shares of ICICI Bank Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Zacks Investment Research raised shares of ICICI Bank Limited from a “hold” rating to a “buy” rating and set a $9.50 price objective for the company in a research note on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $9.50.

ICICI Bank Limited 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.

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

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