Banco Bradesco S.A. (NYSE:BBD – Get Score) noticed some uncommon choices buying and selling on Friday. Inventory traders bought 38,706 name choices on the inventory. This represents a rise of 1,521% in comparison with the standard quantity of two,388 name choices.
Banco Bradesco Buying and selling Down 1.6 %
Shares of NYSE BBD traded down $0.06 throughout mid-day buying and selling on Friday, reaching $3.74. 834,353 shares of the corporate’s inventory have been exchanged, in comparison with its common quantity of 27,103,626. The agency has a market capitalization of $39.86 billion, a price-to-earnings ratio of 9.19, a PEG ratio of 0.41 and a beta of 0.96. The corporate has a debt-to-equity ratio of 1.60, a fast ratio of 1.56 and a present ratio of 1.57. Banco Bradesco has a 52-week low of $2.93 and a 52-week excessive of $4.32. The corporate’s 50-day transferring common is $3.39 and its 200-day transferring common is $3.70.
Banco Bradesco Dividend Announcement
The agency additionally not too long ago introduced a month-to-month dividend, which shall be paid on Monday, October tenth. Stockholders of document on Tuesday, September sixth shall be given a dividend of $0.0035 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, September 2nd. Banco Bradesco’s dividend payout ratio (DPR) is presently 7.25%.
Institutional Buyers Weigh In On Banco Bradesco
Hedge funds and different institutional traders have not too long ago made modifications to their positions within the enterprise. Greenleaf Belief acquired a brand new place in Banco Bradesco through the second quarter price $33,000. Axxcess Wealth Administration LLC bought a brand new stake in Banco Bradesco through the second quarter valued at about $34,000. Clarus Group Inc. bought a brand new stake in Banco Bradesco through the fourth quarter valued at about $35,000. PDS Planning Inc bought a brand new stake in shares of Banco Bradesco within the second quarter price about $38,000. Lastly, Cable Hill Companions LLC bought a brand new stake in shares of Banco Bradesco within the fourth quarter price about $40,000. Institutional traders and hedge funds personal 2.25% of the corporate’s inventory.
Banco Bradesco Firm Profile
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Banco Bradesco SA engages within the provision of economic and insurance coverage providers. It operates by way of Banking, and Insurance coverage segments. The Banking phase contains banking actions. The Insurance coverage phase covers auto, well being, life, accident and property insurance coverage, and pension plans aw effectively as capitalization bonds.
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