Itau Corpbanca (NYSE:ITCB)’s share price reached a new 52-week high and low on Thursday . The company traded as low as $16.34 and last traded at $16.05, with a volume of 4100 shares. The stock had previously closed at $15.68.
Separately, ValuEngine downgraded Itau Corpbanca from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.
The company has a debt-to-equity ratio of 2.38, a current ratio of 1.59 and a quick ratio of 1.59.
Several institutional investors have recently made changes to their positions in the company. Thomas White International Ltd. raised its stake in shares of Itau Corpbanca by 15.6% during the 1st quarter. Thomas White International Ltd. now owns 262,868 shares of the bank’s stock worth $3,851,000 after purchasing an additional 35,521 shares in the last quarter. Aperio Group LLC raised its stake in shares of Itau Corpbanca by 25.0% during the 1st quarter. Aperio Group LLC now owns 86,642 shares of the bank’s stock worth $1,269,000 after purchasing an additional 17,350 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Itau Corpbanca by 250.8% during the 4th quarter. Jane Street Group LLC now owns 41,102 shares of the bank’s stock worth $552,000 after purchasing an additional 29,387 shares in the last quarter. Two Sigma Securities LLC bought a new stake in shares of Itau Corpbanca during the 4th quarter worth approximately $155,000. Finally, Wetherby Asset Management Inc. bought a new stake in shares of Itau Corpbanca during the 1st quarter worth approximately $159,000. Institutional investors own 0.65% of the company’s stock.
Itau Corpbanca Company Profile
Itaú CorpBanca provides banking products and services to individuals, and large and medium companies. It offers current accounts, credit cards, lines of credit, and mortgage credit products, as well as cash management, financing, corporate finance, investment, and insurance services. It has operations in Chile, Colombia, and Panama, as well as has a branch in New York and a representative office in Madrid.
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