Markets

ICICI Securities reports 91% jump in Q4 net at Rs 158.64cr

ICICI Securities reports 91% jump in Q4 net at Rs 158.64cr

It also reduced Pfizer Inc (Call) (NYSE:PFE) stake by 100,000 shares and now owns 200,000 shares. Gallagher Fiduciary Advisors Llc who had been investing in Franklin Resources Inc. for a number of months, seems to be less bullish one the $18.29 billion market cap company. The stock increased 0.88% or $0.95 during the last trading session, reaching $109.26. About 3.54 million shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since April 15, 2017 and is downtrending. It has underperformed by 3.07% the S&P500.

In 2017Q4 SEC filling is reported Paul Marshall's stake in Icici Bank (IBN) which was increased by 72.6%. New Vernon Capital Holdings Ii Llc sold 158,580 shares as the company's stock declined 11.13% with the market. The hedge fund run by David Kowitz held 5.75M shares of the commercial banks company at the end of 2017Q4, valued at $55.99 million, up from 4.23M at the end of the previous reported quarter. New Vernon Capital Holdings Ii Llc who had been investing in Icici Bk Ltd for a number of months, seems to be less bullish one the $28.93B market cap company.

Shares of NYSE IBN traded down $0.10 during midday trading on Friday, hitting $8.75. About 5.99M shares traded. IBN outperformed the S&P 500 by 0.51%. Zacks Investment Research raised ICICI Bank from a "hold" rating to a "buy" rating and set a $11.00 target price for the company in a report on Monday, January 8th. Therefore 56% are positive.




However, the fortunes of ICICI Bank continue to dwindle as investigative agencies continue to probe the Videocon-ICICI nexus case. The firm earned "Neutral" rating on Tuesday, May 3 by Goldman Sachs. As per Thursday, April 21, the company rating was upgraded by Credit Suisse. The firm has "Sell" rating given on Tuesday, August 25 by Zacks. Morgan Stanley started coverage on ICICI Bank in a report on Tuesday, January 16th. Listed here are ICICI Bank Limited (NYSE:IBN) PTs and latest ratings. The rating was upgraded by Goldman Sachs to "Buy" on Monday, October 24. The company was upgraded on Monday, September 14 by Goldman Sachs. The firm has "Buy" rating by Jefferies given on Monday, October 30.

Analysts await Wabash National Corporation (NYSE:WNC) to report earnings on April, 23. 5,987,515 shares of the company's stock were exchanged, compared to its average volume of 8,402,334. PEP's profit will be $1.32 billion for 29.37 P/E if the $0.93 EPS becomes a reality. After $0.36 actual EPS reported by Wabash National Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. 16,000 Facebook, Inc. (NASDAQ:FB) shares with value of $2.83 million were sold by Cox Christopher K. Finally, ValuEngine lowered ICICI Bank from a "buy" rating to a "hold" rating in a report on Wednesday, March 7th. Therefore 35% are positive. Celgene Corporation had 141 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating by Zacks given on Thursday, September 3. The stock now has an average rating of "Buy" and an average target price of $11.00. The rating was downgraded by Howard Weil to "Sector Perform" on Wednesday, October 19. Deutsche Bank maintained Franklin Resources, Inc. The I-Sec scrip, which got listed at Rs 520 on April 4, closed 3.43 per cent up at Rs 422.65 a piece on the BSE on Friday.