Columbia Banking System Inc (COLB) : Copper Rock Capital Partners scooped up 15,326 additional shares in Columbia Banking System Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 978,643 shares of Columbia Banking System Inc which is valued at $29,408,222.Columbia Banking System Inc makes up approximately 2.14% of Copper Rock Capital Partnerss portfolio.
Other Hedge Funds, Including , Naples Global Advisors boosted its stake in COLB in the latest quarter, The investment management firm added 975 additional shares and now holds a total of 7,875 shares of Columbia Banking System Inc which is valued at $231,446. Columbia Banking System Inc makes up approx 0.09% of Naples Global Advisorss portfolio.Capstone Asset Management Co boosted its stake in COLB in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 15,740 shares of Columbia Banking System Inc which is valued at $462,599. Columbia Banking System Inc makes up approx 0.01% of Capstone Asset Management Cos portfolio.Cutler Group Lp reduced its stake in COLB by selling 300 shares or 35.25% in the most recent quarter. The Hedge Fund company now holds 551 shares of COLB which is valued at $16,194.Bnp Paribas Arbitrage Sa boosted its stake in COLB in the latest quarter, The investment management firm added 9,803 additional shares and now holds a total of 19,494 shares of Columbia Banking System Inc which is valued at $543,493.
Columbia Banking System Inc opened for trading at $30.18 and hit $30.18 on the upside on Wednesday, eventually ending the session at $30.05, with a gain of 0.23% or 0.07 points. The heightened volatility saw the trading volume jump to 1,84,364 shares. Company has a market cap of $1,743 M.
On the companys financial health, Columbia Banking System Inc reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus of $0.46.Analysts expectations of $ 106.25.
Many Wall Street Analysts have commented on Columbia Banking System Inc. Columbia Banking System Inc was Downgraded by Piper Jaffray to Neutral on Apr 29, 2016.
Columbia Banking System Inc. is a bank holding company of Columbia State Bank (the Bank). The Company provides a range of banking services to small and medium-sized businesses professionals and individuals throughout Washington Oregon and Idaho. As of December 31 2014 Columbia Bank had 154 branch locations in Washington Oregon and Idaho. Columbia Bank is a Washington state-chartered commercial bank the deposits of which are insured in whole or in part by the Federal Deposit Insurance Corporation (FDIC). As of December 31 2014 the Company operates 78 branches in 21 counties in the state of Washington 60 branches in 16 counties in Oregon and 16 branches in 10 counties in Idaho. The Companys products and services include personal banking business banking and wealth management.
(c) 2016 Cihan News Agency. All right reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers