Iberiabank Corp purchases new holdings in ICICI Bank Ltd (IBN)

Iberiabank Corp acquired a new position in shares of ICICI Bank Ltd (NYSE:IBN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,089 shares of the bank’s stock, valued at approximately $120,000.

A number of other institutional investors have also recently made changes to their positions in the business. Baillie Gifford & Co. increased its holdings in shares of ICICI Bank by 53.2% in the 2nd quarter. Baillie Gifford & Co. now owns 43,221,030 shares of the bank’s stock valued at $347,065,000 after purchasing an additional 15,014,001 shares in the last quarter. OppenheimerFunds Inc. increased its holdings in shares of ICICI Bank by 10.5% in the 2nd quarter. OppenheimerFunds Inc. now owns 72,668,260 shares of the bank’s stock valued at $583,526,000 after purchasing an additional 6,931,319 shares in the last quarter. FMR LLC increased its holdings in shares of ICICI Bank by 25.2% in the 2nd quarter. FMR LLC now owns 11,809,770 shares of the bank’s stock valued at $94,832,000 after purchasing an additional 2,378,440 shares in the last quarter. Pzena Investment Management LLC increased its holdings in shares of ICICI Bank by 457.9% in the 2nd quarter. Pzena Investment Management LLC now owns 2,488,980 shares of the bank’s stock valued at $19,987,000 after purchasing an additional 2,042,875 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in shares of ICICI Bank by 10.1% in the 1st quarter. BlackRock Inc. now owns 17,715,933 shares of the bank’s stock valued at $156,786,000 after purchasing an additional 1,631,295 shares in the last quarter. Institutional investors own 22.88% of the company’s stock.

Re-disseminated by The Asian Banker from fairfieldcurrent.com

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