As Banco Bradesco S A (NYSE:BBD) Price Rose, Shareholder Prince Street Capital Management Llc Trimmed by $16.76 Million Its Position

May 17, 2018 - By Alma Kearns

The stake In Banco Bradesco S A (NYSE:BBD) owned by Prince Street Capital Management Llc was reduced. According to 2018Q1 SEC filling the decrease is 83.83%. The company’s stock Popped Up 14.88% while Prince Street Capital Management Llc sold 1.52M shares. The major banks company announced $3.49 million value for the 2018Q1. Now the institutional investor is holding 294,000 shares, compared to the 1.82 million from the previous quarter. Prince Street Capital Management Llc has risen its stake in Randgold Res Ltd (NASDAQ:GOLD) and also increased its holding in Athenex Inc () by 611,000 shares in the quarter, for a total of 787,000 shares.

Prince Street Capital Management Llc is a New York-based institutional investor with more than $1.36 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Prince Street Capital Management latest Adv, the fund reported to have 20 full and part-time employees. Among which 11 performing investment advisory and research functions. The institutional investor had between 11-25 clients.

Banco Bradesco S.A. (NYSE:BBD) Ratings Coverage

In total 2 analysts cover Banco Bradesco SA (NYSE:BBD). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 2 are the (NYSE:BBD)’s analyst reports since January 18, 2018 according to StockzIntelligence Inc. On Monday, January 22 the rating was upgraded by J.P. Morgan to “Buy”. On Thursday, January 18 the rating was upgraded by Citigroup to “Buy”.

Banco Bradesco S.A. provides banking and financial services and products to individuals, companies, and firms and institutions.The firm is valued at $58.79 billion. The firm operates in two divisions, Banking; and Insurance, Pension Plans and Capitalization Bond.13.66 is the P/E ratio. It accepts demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes.

Banco Bradesco S.A. (NYSE:BBD) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: