Columbia Banking System, Inc. (NASDAQ:COLB) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Columbia Banking System, Inc. ( NASDAQ:COLB – Free Report ) by 158.

3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,851,217 shares of the financial services provider’s stock after purchasing an additional 1,134,544 shares during the quarter. JPMorgan Chase & Co.



owned 0.88% of Columbia Banking System worth $50,001,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company.

American Century Companies Inc. raised its position in Columbia Banking System by 0.8% during the 4th quarter.

American Century Companies Inc. now owns 7,602,571 shares of the financial services provider’s stock worth $205,345,000 after buying an additional 61,242 shares during the last quarter. Charles Schwab Investment Management Inc.

raised its holdings in shares of Columbia Banking System by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc.

now owns 7,315,896 shares of the financial services provider’s stock worth $197,602,000 after purchasing an additional 206,643 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Columbia Banking System by 31.9% during the third quarter.

Wellington Management Group LLP now owns 6,659,255 shares of the financial services provider’s stock worth $173,873,000 after purchasing an additional 1,611,563 shares during the last quarter. Fisher Asset Management LLC lifted its position in Columbia Banking System by 10.7% during the fourth quarter.

Fisher Asset Management LLC now owns 1,787,006 shares of the financial services provider’s stock valued at $48,267,000 after purchasing an additional 172,066 shares during the period. Finally, William Blair Investment Management LLC boosted its holdings in Columbia Banking System by 2.5% in the fourth quarter.

William Blair Investment Management LLC now owns 1,774,443 shares of the financial services provider’s stock valued at $47,928,000 after purchasing an additional 42,527 shares during the last quarter. Hedge funds and other institutional investors own 92.53% of the company’s stock.

Wall Street Analyst Weigh In COLB has been the subject of several analyst reports. Wells Fargo & Company raised Columbia Banking System from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $33.00 to $35.

00 in a report on Monday, January 6th. Keefe, Bruyette & Woods reduced their price target on Columbia Banking System from $34.00 to $33.

00 and set a “market perform” rating for the company in a research report on Friday, January 24th. JPMorgan Chase & Co. lowered their price objective on Columbia Banking System from $32.

00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Stephens dropped their price objective on shares of Columbia Banking System from $33.

00 to $31.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 28th. Finally, UBS Group initiated coverage on shares of Columbia Banking System in a research note on Tuesday, December 17th.

They issued a “neutral” rating and a $32.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

According to data from MarketBeat, Columbia Banking System presently has a consensus rating of “Hold” and an average price target of $31.25. Insider Buying and Selling at Columbia Banking System In other news, VP Torran B.

Nixon sold 4,481 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $25.99, for a total value of $116,461.

19. Following the transaction, the vice president now directly owns 104,869 shares of the company’s stock, valued at approximately $2,725,545.31.

This trade represents a 4.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link .

0.62% of the stock is currently owned by insiders. Columbia Banking System Stock Down 4.

8 % COLB opened at $20.78 on Friday. The company has a market cap of $4.

36 billion, a price-to-earnings ratio of 8.18 and a beta of 0.53.

The firm’s fifty day simple moving average is $26.05 and its two-hundred day simple moving average is $27.47.

Columbia Banking System, Inc. has a 52-week low of $17.08 and a 52-week high of $32.

85. Columbia Banking System ( NASDAQ:COLB – Get Free Report ) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.

71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.06.

Columbia Banking System had a return on equity of 11.21% and a net margin of 17.99%.

On average, research analysts forecast that Columbia Banking System, Inc. will post 2.71 EPS for the current year.

Columbia Banking System Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were paid a $0.36 dividend.

This represents a $1.44 annualized dividend and a yield of 6.93%.

The ex-dividend date was Friday, February 28th. Columbia Banking System’s dividend payout ratio is currently 56.69%.

Columbia Banking System Profile ( Free Report ) Columbia Banking System, Inc operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions. Featured Articles Five stocks we like better than Columbia Banking System Stock Trading Terms – Stock Terms Every Investor Needs to Know Conagra Stock Could Thrive as Tariffs Hit Other Sectors How is Compound Interest Calculated? Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds Are Penny Stocks a Good Fit for Your Portfolio? Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Want to see what other hedge funds are holding COLB? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Columbia Banking System, Inc. ( NASDAQ:COLB – Free Report ). Receive News & Ratings for Columbia Banking System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Banking System and related companies with MarketBeat.

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