Sport

Banco Bradesco SA (BBD)

Institutions own 22.75% of Banco Bradesco S.A. (BBD)'s shares. Investec Asset Management North America, Inc. controls 2,199,085 shares with a value of $18,692,000.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Finally, Prince Street Capital Management LLC acquired a new stake in Banco Bradesco SA during the third quarter valued at $21,795,000. The stock witnessed 9.77% gains, 0.8% gains and 2.68% gains for the 1-month, 3-month and 6-month period, respectively.

Recent insider trends for Banco Bradesco S.A. (NYSE:BBD) have caught the attention of investors. The stock is a Buy among 5 brokerage firms polled by Factset Research. Next quarter's EPS is estimated at $0.24 with next year's EPS projected to be $1.00.

Wells Fargo & Company (WFC) exchanged hands at an unexpectedly low level of 12.78 million shares over the course of the day.

It is trading at $11.56 a tad above the 50 day moving average which is $11.14 and which is impressively higher than the 200 day moving average of $9.65. Future earnings predictions are perhaps the most essential input when trying to value a company.

Banco Bradesco SA (NYSE:BBD) last announced its earnings results on Thursday, April 27th. As of the last earnings report the EPS was $0.91 and is estimated to be $0.94 for the current year with 3,054,481,000 shares presently outstanding. The company had revenue of $13.25 billion during the quarter. The company's price to earnings growth PEG ratio is stands at 0.95 and Forward P/E is noted at 11.61.

The company also recently declared a special dividend, which will be paid on Tuesday, August 8th. The return on equity ratio or ROE stands at 5.5 percent while most common profitability ratio return on investment (ROI) was 0 percent. This represents a yield of 0.75%. The ex-dividend date was Tuesday the 3rd of October 2017. Banco Bradesco SA's dividend payout ratio is 7.60%. This nets out to an increase of 2.77 million shares and is a bullish sign for BBD. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

Banco Bradesco S.A. was covered by a number of analysts recently, 1 rated the stock as Buy, 3 rated Hold, 0 rated sell and 1 gave an Underperform. The stock closing price is now trading upward to its 50 day moving average with change of 5.42%, tumbled to its 20 day moving average with figure of -0.29% and above its 200 day moving average with value 20.47%.

Banco Bradesco S.A., launched on January 5, 1943, is a commercial bank. In addition, it offers other corporate loans and advances, such as short-term loans; working capital loans; corporate overdraft loans; discounting trade receivables, promissory notes, checks, credit card and supplier receivables, etc.; financing for purchase and sale of goods and services; investment lines for acquisition of assets and machinery; rural loans; and microcredit to low-income individuals and small companies. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.

In light of the insider ownership and trading data it makes sense to consider technicals to see if they come to a similar conclusion about the outlook for BBD.



Like this

Latest


12 October 2017
PACCAR (PCAR) Analysts See $1.07 EPS; 3 Analysts Bullish HCI Group (HCI)
David Anderson has seen steady activity on the buy side, and on September 6, 2017, executed an option to buy 1 shares. Following the sale, the vice president now directly owns 1,679 shares of the company's stock, valued at $113,147.81.

12 October 2017
Horizon Pharma, Inc. (NASDAQ:HZNP) Valuation According To Analysts
Therefore 77% are positive. 07/14/2016 - Horizon Pharma , Inc. had its "buy" rating reiterated by analysts at Brean Capital. The company has experienced volume of 2,325,091 shares while on average the company has a capacity of trading 3.62M share.

12 October 2017
President Trump May Issue Executive Order on Obamacare
Henry Kissinger does not want to pay a one hundred and sixteen percent increase in his premiums, and it's getting worse. Both changes stand to funnel healthier people out of the Obamacare exchanges and into cheaper and more barebones plans.

12 October 2017
DA Vance defends not charging Harvey Weinstein in 2015
New York City police targeted Weinstein in a short sting operation in 2015 after the model accused him of groping her. Asked about Durkan's thoughts on the failure to charge Weinstein, her campaign declined to comment.

12 October 2017
Antero Resources Corporation (AR) Now Covered by Jefferies Group LLC
Finally, TD Asset Management Inc. raised its stake in shares of Antero Resources Corporation by 4.4% during the 1st quarter. Bank of New York Mellon Corp grew its stake in shares of Antero Resources Corporation by 6.4% in the 1st quarter.

12 October 2017
Top GOP campaign operative joins White House press team
Trump made the claim in the Oval Office during a meeting with Henry Kissinger, according to a pool report . But this doesn't stop Trump from repeating the falsehood.

12 October 2017
Indian forces martyr three Kashmiris in gun battle
The fighting started when soldiers searching for militants cordoned off a neighbourhood in the northern town of Hajin. Sources said that two militants also made an appearance at the funeral.

12 October 2017
BB&T Securities LLC Decreases Holdings in Medtronic PLC (MDT)
Sales growth quarter over quarter is 3.10%, with EPS growth quarter over quarter coming to a value of 11.90%. The management of the company has seen, a return of investment of 5.70% and return on assets of 4.20%.

12 October 2017
Digital Realty Trust Inc (NYSE:DLR) Institutional Investor Sentiment Analysis
Among 39 analysts covering Whiting Petroleum Corporation ( NYSE:WLL ), 10 have Buy rating, 7 Sell and 22 Hold. Barclays Capital maintained it with "Equal-Weight" rating and $10 target in Thursday, February 18 report.

12 October 2017
Olly Murs confirmed for The Voice
While Olly's new co-stars will.i.am, Tom and Jennifer shared their thoughts on the cheeky Essex lad joining the team. Olly Murs has been confirmed as the brand new coach coming soon to The Voice UK .



Recommended