ICICI Securities Q4 net profit up 91%


The firm has "Hold" rating given on Thursday, September 3 by Zacks. On Monday, October 30 the rating was upgraded by Jefferies to "Buy". The stock has "Buy" rating by Morgan Stanley on Tuesday, January 16. The company presently has a consensus rating of "Buy" and an average price target of $11.00. The rating was maintained by Credit Suisse on Tuesday, April 19 with "Outperform". Keefe Bruyette & Woods maintained the stock with "Hold" rating in Friday, September 1 report. The rating was upgraded by Goldman Sachs to "Buy" on Monday, October 24.

In 2017Q4 SEC form is reported Paul Marshall's stake in Icici Bank (IBN) which was rose by 72.6%.

ICICI Securities, the broking and investment banking arm of ICICI Bank, on Saturday reported a 91 per cent year-on-year jump in net profit to Rs 1.59 billion for the quarter ended March 2018 on the back of 35 per cent increase in revenues to Rs 5.15 billion.

Shares of NYSE IBN traded up $0.14 during mid-day trading on Friday, hitting $8.85. 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. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others divisions. The company offers savings, salary, pension, current, other accounts; and fixed, recurring, and security deposits. The stock decreased 1.13% or $0.1 during the last trading session, reaching $8.75. HFC's SI was 8.76 million shares in April as released by FINRA.

Headlines about ICICI Bank (NYSE:IBN) have trended somewhat positive this week, according to Accern. The stock outperformed the S&P500 by 0.51%. "Buy" rating has 2, "Sell" are 0, while 0 are "Hold". Therefore 0 are positive.

The Reserve Bank of India, which had carried out a detailed scrutiny of the complaint against ICICI Bank's dealings with Videocon in 2016, had not found any evidence of reciprocal benefit, stating the allegation "could not be conclusively established" but had flagged some issues, according to a report in the Economic Times. Goldman Sachs upgraded the shares of IBN in report on Monday, October 24 to "Buy" rating. Robert W. Baird maintained Celgene Corporation (NASDAQ:CELG) on Thursday, October 26 with "Hold" rating. The firm has "Hold" rating by Deutsche Bank given on Thursday, June 16. Goldman Sachs upgraded the stock to "Buy" rating in Monday, September 14 report. RBC Capital Markets maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, April 5. The firm has "Neutral" rating by Piper Jaffray given on Friday, May 26. The company was maintained on Wednesday, January 17 by BMO Capital Markets. (NASDAQ:PEP) to report earnings on April, 25. About 5.99 million shares traded. WNC's profit will be $20.76 million for 14.50 P/E if the $0.36 EPS becomes a reality. The institutional investor held 130 shares of the consumer services company at the end of 2017Q4, valued at $14,000, down from 458,449 at the end of the previous reported quarter.

Laurion Capital Management Lp decreased Exxon Mobil Corp (NYSE:XOM) stake by 185,962 shares to 14,038 valued at $1.17 million in 2017Q4. It also upped American Electric Power (NYSE:AEP) stake by 8,227 shares and now owns 73,558 shares. American Tower Corp (Reit) (NYSE:AMT) was reduced too.