The newest submitting that Raymond James & Associates has made with the SEC reveals that the funding agency’s holdings in Columbia Banking System, Inc. (NASDAQ: COLB) elevated through the third quarter. This data was supplied by Raymond James & Associates. The corporate’s complete variety of shares of inventory within the monetary providers supplier is now 196,842 after it acquired a further 15,724 shares through the interval in query. This introduced the overall variety of shares that the corporate possessed to a complete of 196,842. Raymond James & Associates owned 0.25 % of Columbia Banking System on the time of the newest SEC submitting, which indicated that the corporate’s stake was value $5,687,000.
Different institutional traders have been shopping for and promoting shares of COLB just lately, indicating that they’re energetic out there. A brand new holding made obtainable by Columbia Banking System was the recipient of an funding of $1,086,000 from the Louisiana State Workers Retirement System through the third quarter. Moody’s Aldrich Companions LLC elevated the share of Columbia Banking System shares held by 3.6% through the third quarter. Moody Aldrich Companions LLC now has possession of 347,093 shares of the inventory of the monetary providers supplier after buying a further 12,180 shares throughout the newest quarter. The worth of those shares available on the market as of proper now’s $10,028,000. Case daycasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecasecase Carolina Wealth Advisors LLC is now the proprietor of a complete of 80,130 shares within the firm, which have a price of $2,315,000, following the acquisition of 979 further shares within the monetary providers supplier throughout the newest quarter. These shares have a price of $2,315,000. Sawtooth Options LLC established a brand new place within the Columbia Banking System through the third quarter, with an annual wage of $350,000.Lastly, however actually not least, through the second quarter, Authorized & Basic Group Plc elevated the quantity of Columbia Banking System inventory owned by 2.5%. Authorized & Basic Group Plc elevated its holdings within the monetary providers supplier’s inventory by buying a further 5,493 shares throughout the newest quarter, bringing its complete variety of shares to 227,153. The worth of those shares available on the market as of proper now’s $6,508,000.
COLB started buying and selling on Monday at $29.17. The inventory has a price-to-earnings ratio of 10.16 and a beta worth of 0.70. The inventory’s beta worth signifies how unstable the worth of the inventory is. The worth of the corporate’s inventory available on the market is roughly $2.29 billion. Throughout the earlier 12 months, Columbia Banking System, Inc. traded as little as $26.97, reaching an all-time excessive of $37.59 at one level. The corporate’s easy shifting common over the previous fifty days is $31.57, and the corporate’s easy shifting common over the previous 200 days is $30.81. There isn’t any debt-to-equity ratio as a result of it is the same as zero; there isn’t a present ratio as a result of it’s also equal to zero; there isn’t a fast ratio as a result of it’s also equal to zero; and there’s a fast ratio as a result of it is the same as 0.66.
On Thursday, October twentieth, the quarterly earnings report for Columbia Banking System (NASDAQ: COLB) was made obtainable to the general public. The supplier of economic providers reported complete quarterly earnings per share of $0.86, which is $0.06 greater than the consensus estimate of $0.80. The Columbia Banking System had a return on fairness of 10.51% and a web margin of 31.38% when the numbers had been tallied. The gross sales for the corporate for the quarter got here in considerably greater than the analysts’ predictions, which had been $179.55 million, coming in as an alternative at $189.12 million. Specialists in market analysis anticipate that Columbia Banking System, Inc. will herald income of $3.36 per share for the present fiscal 12 months. This data relies on projections made by the corporate.
Current occasions have seen a rise in brokerages providing their views on COLB. StockNews.com launched a analysis report on Wednesday, October twelfth, which initiated protection of Columbia Banking System shares. The report can b