Analysts' Activity to Watch: Banco Bradesco Sa (BBD)

Joanna Estrada
December 1, 2017

Institutional ownership in the company is 24.73% while the short ratio is 0.93. Among active positions in the latest quarter, 103 holders increased their positions by a total of 222.55 million shares, 88 holders decreased the positions by a total of 41.77 million shares, and 27 holders held their positions. Alibaba Group Holding Limited has 22 buy ratings, 1 holds and 0 sells even after the stock tumbled -7.65% from its high of $191.75 to a $452.35 billion market value through last close. The institutional investor bought 116,269 shares of the bank's stock, valued at approximately $1,287,000. Franklin Resources Inc. lifted its holdings in shares of Banco Bradesco by 35.8% during the second quarter. Fisher Asset Management LLC lifted its holdings in shares of Banco Bradesco by 71.6% during the third quarter. Eqis Capital Management Inc. now owns 21,534 shares of the bank's stock valued at $183,000 after acquiring an additional 2,266 shares during the last quarter. This leaves us with a quarter on quarter earnings per share growth of -5.40%. Finally, Royal Bank of Canada lifted its holdings in shares of Banco Bradesco by 60.1% during the second quarter.

Banco Bradesco Sa (NYSE:BBD) shares traded -2.88% down during most recent session to reach at the closing price of $9.79. Past 5 years growth of Banco Bradesco Sa (NYSE:BBD) observed at -0.61%, looking forward for the next 5 years it has a strong prediction of 13.45% over growth.

On the other hand the company has Relative Strength Index (RSI 14) of 34.78 along with Average True Range (ATR 14) of 0.28, Consequently Banco Bradesco Sa (NYSE:BBD)'s weekly and monthly volatility is 2.15%, 2.54% respectively. The firm has a market cap of $50.69 billion, a P/E ratio of 9.01 and a beta of 1.67.

Banco Bradesco Sa (NYSE:BBD)'s trailing twelve month revenues are $21.93 Billion, whereas its price to sales ratio for the same period is 2.72. Banco Bradesco SA has a 12-month low of $5.55 and a 12-month high of $10.37. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.10 and a current ratio of 1.10. Stockholders of record on Tuesday, December 5th will be issued a $0.0053 dividend. This represents a dividend yield of 0.75%. ValuEngine downgraded Banco Bradesco from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, October 31st. Scotiabank cut Banco Bradesco from an "outperform" rating to a "sector perform" rating in a research report on Tuesday, September 5th. The ex-dividend date is Monday, December 4th. Finally, BidaskClub raised Banco Bradesco from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 5th.

InspireMD, Inc. (NSPR) analysts on average have given a price target of $10.76 on NSPR stock.

Banco Bradesco S.A. (BBD) analysts on average have given a price target of $10.76 on BBD stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock.

ILLEGAL ACTIVITY WARNING: "Banco Bradesco SA (NYSE:BBD) Shares Sold by Victory Capital Management Inc." was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Banco Bradesco's dividend payout ratio (DPR) is 8.00%.

Media stories about Banco Bradesco (NYSE:BBDO) have trended positive recently, according to Accern. If you are accessing this article on another domain, it was illegally stolen and republished in violation of USA & global copyright and trademark law. They are one of the leading companies in the Foreign Regional Banks in Brazil. Its segments include Financial; Insurance and Capitalization bonds; Pension plans, and Other Activities.

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