Banco Bradesco S A (NYSE:BBD) Price Rose While Prince Street Capital Management Llc Lowered by $16.76 Million Its Position

May 17, 2018 - By Mary Markley

In Banco Bradesco S A (NYSE:BBD) was decreased the stake held by Prince Street Capital Management Llc. The decrease is 83.83% according to 2018Q1 Securities and Exchange form. 1.52M shares were sold by Prince Street Capital Management Llc as the company’s stock rose 14.88% while stock markets declined. The major banks company announced $3.49M value for the 2018Q1. Now the institutional investor is holding 294,000 shares, compared to the 1.82 million from the previous quarter. For a total of 1.70M shares it increased its holding in Ishares Tr (Put) (EEM) by 900,000 shares in the quarter, and has risen its stake in Athenex Inc ().

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

A total of 2 analysts rate Banco Bradesco SA (NYSE:BBD) as follows: 2 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NYSE:BBD) has 2 ratings reports on May 17, 2018 according to StockzIntelligence. In Monday, January 22 report J.P. Morgan upgraded the stock to “Buy” rating. 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 worth $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

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