Glacier Bancorp, Inc. (NASDAQ:GBCI) Director James M. English sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $41.01, for a total value of $205,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Glacier Bancorp, Inc. (NASDAQ GBCI) opened at $40.78 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.84 and a current ratio of 0.85. Glacier Bancorp, Inc. has a 1 year low of $31.38 and a 1 year high of $41.24. The stock has a market capitalization of $3,264.03, a PE ratio of 27.19, a P/E/G ratio of 1.82 and a beta of 1.34.

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Glacier Bancorp (NASDAQ:GBCI) last released its earnings results on Thursday, January 25th. The bank reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). Glacier Bancorp had a return on equity of 11.46% and a net margin of 23.88%. The business had revenue of $117.54 million for the quarter, compared to analysts’ expectations of $122.23 million. analysts forecast that Glacier Bancorp, Inc. will post 2.25 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB purchased a new stake in shares of Glacier Bancorp during the fourth quarter worth about $318,000. Envestnet Asset Management Inc. grew its position in shares of Glacier Bancorp by 0.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 333,049 shares of the bank’s stock worth $13,119,000 after purchasing an additional 1,594 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of Glacier Bancorp during the fourth quarter worth about $1,417,000. Dean Capital Management purchased a new stake in shares of Glacier Bancorp during the fourth quarter worth about $3,465,000. Finally, Financial Advocates Investment Management purchased a new stake in shares of Glacier Bancorp during the fourth quarter worth about $233,000. Hedge funds and other institutional investors own 81.75% of the company’s stock.

Several research firms have recently commented on GBCI. Zacks Investment Research downgraded Glacier Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. SunTrust Banks reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Glacier Bancorp in a research note on Wednesday, November 29th. BidaskClub raised Glacier Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, February 3rd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $41.00 price objective on shares of Glacier Bancorp in a research note on Friday, December 22nd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $41.25.

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Glacier Bancorp Company Profile

Glacier Bancorp, Inc is a bank holding company. The Company provides commercial banking services. As of January 26, 2018, it provided banking services from 146 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington, through its bank subsidiary, Glacier Bank (the Bank). It offers a range of banking products and services, including transaction and savings deposits, real estate, commercial, agriculture, and consumer loans and mortgage origination services.

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