Who are the Institutional Holders in Glacier Bancorp, Inc. (GBCI)?

Glacier Bancorp, Inc. (NYSE: GBCI) is -11.08% lower on its value in year-to-date trading and has touched a low of $26.77 and a high of $47.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GBCI stock was last observed hovering at around $36.90 in the last trading session, with the day’s loss setting it -0.16%.

Currently trading at $36.74, the stock is -7.17% and -6.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -0.43% at the moment leaves the stock 10.85% off its SMA200. GBCI registered -23.09% loss for a year compared to 6-month gain of 9.64%.

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The stock witnessed a -7.97% loss in the last 1 month and extending the period to 3 months gives it a 15.17%, and is -3.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 3.89% over the month.

Glacier Bancorp, Inc. (GBCI) has around 3294 employees, a market worth around $4.07B and $1.14B in sales. Current P/E ratio is 18.27 and Fwd P/E is 15.31. Profit margin for the company is 19.63%. Distance from 52-week low is 37.24% and -23.19% from its 52-week high. The company has generated returns on investments over the last 12 months (3.73%).

Glacier Bancorp, Inc. quarterly earnings per share for the current quarter are estimated at $0.33 with sales reaching $172.02M over the same period.The EPS is expected to shrink by -12.02% this year, but quarterly earnings will post -3.20% year-over-year. Quarterly sales are estimated to shrink -15.10% in year-over-year returns.

398 institutions hold shares in Glacier Bancorp, Inc. (GBCI), with institutional investors hold 82.18% of the company’s shares. The shares outstanding are 110.89M, and float is at 110.30M with Short Float at 6.04%. Institutions hold 81.80% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 13.79 million shares valued at $429.77 million. The investor’s holdings represent 12.44% of the GBCI Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 12.2 million shares valued at $380.36 million to account for 11.01% of the shares outstanding. The other top investors are State Street Corporation which holds 5.28 million shares representing 4.76% and valued at over $164.63 million, while Neuberger Berman Group, LLC holds 2.89% of the shares totaling 3.21 million with a market value of $99.97 million.

Glacier Bancorp, Inc. (GBCI) Insider Activity

A total of 2 insider transactions have happened at Glacier Bancorp, Inc. (GBCI) in the last six months, with sales accounting for 2 and purchases happening 0 times. The most recent transaction is an insider purchase by Chery Don J., the company’s EXECUTIVE VICE PRESIDENT/CAO. SEC filings show that Chery Don J. bought 1,000 shares of the company’s common stock on May 11 at a price of $27.16 per share for a total of $27160.0. Following the purchase, the insider now owns 49741.0 shares.

Glacier Bancorp, Inc. disclosed in a document filed with the SEC on May 08 that Chesler Randall M (PRESIDENT/CEO) bought a total of 1,223 shares of the company’s common stock. The trade occurred on May 08 and was made at $28.68 per share for $35076.0. Following the transaction, the insider now directly holds 4685.0 shares of the GBCI stock.

Still, SEC filings show that on May 02, Langel Craig A (CHAIRMAN OF THE BOARD) acquired 3,250 shares at an average price of $29.55 for $96038.0. The insider now directly holds 92,207 shares of Glacier Bancorp, Inc. (GBCI).

Glacier Bancorp, Inc. (GBCI): Who are the competitors?

One of the company’s main competitors (and peers) include Wells Fargo & Co. (WFC) that is trading 1.77% up over the past 12 months.National Bank Holdings Corp. (NBHC) lies in the list of competitors of the Glacier Bancorp, Inc. and is -18.79% lower over the same period from GBCIWestern Alliance Bancorp. (WAL) is -21.24% down on the 1-year trading charts.