Published: Sun, April 15, 2018
Arts&Culture | By Antoinette Montgomery

ICICI Securities Q4 net profit up 91%

Barrett Asset Management Llc sold 10,350 shares as the company's stock rose 1.05% while stock markets declined. Stratos Wealth Partners Ltd who had been investing in Wabash Natl Corp for a number of months, seems to be less bullish one the $1.20B market cap company. The stock increased 0.40% or $0.65 during the last trading session, reaching $164.52. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 14, 2017 and is uptrending. It has outperformed by 11.44% the S&P500. Dalton Investments Llc bought 54,490 shares as the company's stock declined 11.13% with the market. The hedge fund held 402,613 shares of the commercial banks company at the end of 2017Q4, valued at $3.92M, down from 561,193 at the end of the previous reported quarter. Indus Capital Partners Llc who had been investing in Icici Bk Ltd for a number of months, seems to be bullish on the $28.98 billion market cap company.

Shares of NYSE IBN traded down $0.10 during midday trading on Friday, hitting $8.75. About 2.47 million shares traded or 3.81% up from the average.

Jefferies Group decreased their FY2020 earnings per share (EPS) estimates for ICICI Bank in a report released on Tuesday, April 3rd, according to Zacks Investment Research. The stock outperformed the S&P500 by 0.51%.

Analysts await State Street Corporation (NYSE:STT) to report earnings on April, 25. They expect $0.59 earnings per share, up 43.90% or $0.18 from last year's $0.41 per share. STT's profit will be $577.56M for 15.89 P/E if the $1.57 EPS becomes a reality.

During the quarter, ICICI Securities reported revenue of Rs 515 crore, up 35 per cent from Rs 381 crore in the year ago period. Therefore 75% are positive. On Tuesday, January 16 the rating was initiated by Morgan Stanley with "Buy". The rating was upgraded by Standpoint Research to "Hold" on Wednesday, August 26. The rating was downgraded by TheStreet on Thursday, September 3 to "Hold". As per Wednesday, January 10, the company rating was upgraded by Citigroup. The rating was maintained by Deutsche Bank on Sunday, September 6 with "Hold". BMO Capital Markets has "Hold" rating and $2400 target.

Investors sentiment decreased to 0.96 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It dropped, as 51 investors sold VRX shares while 74 reduced holdings. 102 funds opened positions while 175 raised stakes. Hikari Power reported 9,510 shares stake. Lourd Capital Limited Com reported 4,048 shares. Cohen Klingenstein Limited Company invested in 28,000 shares or 0.7% of the stock. Finally, ValuEngine lowered ICICI Bank from a "buy" rating to a "hold" rating in a report on Wednesday, March 7th. (NASDAQ:DLTR). Cibc Asset Management Incorporated holds 0.03% or 38,540 shares in its portfolio. Prelude Cap Mgmt Limited Liability Company holds 800 shares. Synovus Fincl owns 7,460 shares. (NASDAQ:DLTR). Cap One Natl Association holds 0.02% or 2,558 shares. Loomis Sayles & Communications LP has invested 0% of its portfolio in Wabash National Corporation (NYSE:WNC). Glob Invsts stated it has 751,000 shares. Arrowstreet Capital Partnership reported 75,182 shares or 0% of all its holdings. Hotchkis Wiley Capital Mngmt Ltd Llc has 0% invested in Wabash National Corporation (NYSE:WNC).

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