It is currently trading at $9.00 just above $8.37, the stock’s 50 day moving average and a tad under the 200 day moving average of $9.45. The 50 day moving average was up $0.63 or +7.53% and the 200 day average went down $-0.45 or -4.73%. 14K shares changed hands on Thursday. Trading volume was up 252.14% over the stocks average daily volume.
Here are some other firms who have updated their holdings. As of the end of the quarter Tower Research Capital LLC (trc) had bought 578 shares growing its stake by 2,627.3%. The value of the investment in (BBDO) went from $0 to $6,000 increasing 0.0% quarter over quarter. Ubs Group Ag grew its stake by buying 2,874 shares an increase of 11,053.8% as of 03/31/2017. Ubs Group Ag owns 2,900 shares valued at $29,000. The total value of its holdings increased 0.0%.
Morgan Stanley augmented its investment by buying 2,189 shares an increase of 537.8% in the quarter. Morgan Stanley claims 2,596 shares worth $23,000. The value of the position overall is up by 475.0%. As of quarter end Checchi Capital Advisers, LLC had disposed of a total of 611 shares trimming its position 5.3%. The value of the investment in BBDO decreased from $100,000 to $96,000 a change of 4.0% quarter to quarter.
The company is now up from yesterday’s close of $8.48. Banco Bradesco Sa American Depo also recently announced a dividend for shareholders to be paid on Tuesday the 8th of August 2017. The dividend will be $0.018 per share for the quarter or $0.07 annualized. This dividend represents a yield of $0.78. The ex-dividend date will be Friday June 2nd, 2017.
The P/E ratio is 10.14 and market capitalization is 54.77B.
Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts various deposit products, such as demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes. The company also offers loans comprising personal and short-term loans, vehicle financing, overdraft loans, and payroll-deductible loans; housing loans; and government-funded long-term loans, such as BNDES onlending/FINAME. 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. Further, the company provides life and personal accident, health, automobile, property, casualty, and liability insurance products, as well as insurance against miscellaneous events; reinsurance products; pension plans; and capitalization bonds. Additionally, it offers credit, debit, and pre-paid cards; cash management solutions; public authority solutions; asset management services; services related to capital markets and investment banking activities; intermediation and trading services; capital markets solutions; international banking services; import and export financing; consortiums; and receipts and payments solutions. As of December 31, 2015, the company operated through a network of 4,507 branches, 4,247 service centers and electronic in-company service centers, and 31,527 ATMs in Brazil; and 3 branches internationally. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil..