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Hot Stock for Investors: Banco Bradesco SA (BBD)

Hot Stock for Investors: Banco Bradesco SA (BBD)

The firm purchased 61,999 shares of the bank's stock, valued at approximately $635,000. Aberdeen Asset Management PLC UK increased its position in Banco Bradesco SA by 1.8% in the first quarter. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Guggenheim Capital LLC now owns 502,674 shares of the bank's stock worth $4,379,000 after buying an additional 101,900 shares during the last quarter. Average volume for Banco Bradesco S.A., is 5.25, and so far today it has a volume of 0. Vanguard Group Inc. now owns 32,806,678 shares of the bank's stock worth $335,940,000 after buying an additional 1,658,539 shares during the period. Guggenheim Capital LLC increased its stake in shares of Banco Bradesco SA by 25.4% in the fourth quarter. The fund owned 8,765,783 shares of the bank's stock after buying an additional 271,646 shares during the period. Finally, AQR Capital Management LLC increased its position in Banco Bradesco SA by 26.7% in the fourth quarter.

Banco Bradesco S.A. (BBD), a part of Financial sector and belongs to Foreign Regional Banks industry; ended its day with gain 0.76% and finalized at the price of $9.23.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The share price has moved forward from its 20 days moving average 10.84% and positively from its 50 days moving average 6.40%.

Having a peek at growth estimates of the company, Banco Bradesco Sa (NYSE:BBD) has current quarter growth estimates of 10% however it has -4.3% estimations over growth for the next quarter.

EPS in next five year years is expected to touch 13.80% while EPS growth in past 5 year was -0.72%. Its revenue totaled $8.3 billion up 7.82% from the previous quarter.

While having a peek at profitability ratios Banco Bradesco Sa (NYSE:BBD) has trailing twelve month gross margin at 0%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.

Rahul Dravid, Zaheer Khan not yet appointed as Team India consultants: CoA
An answer to all these questions is expected to come out at the COA meeting in New Delhi on Saturday. An advertisement for Indian senior team manager will be released immediately.

The company also recently disclosed a special dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 4th will be paid a $0.0058 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a change of -0.28% from the opening. Banco Bradesco SA's dividend payout ratio (DPR) is 76.87%.

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Covering sell-side analysts have recently weighed in on shares of Tesla, Inc. Finally, Zacks Investment Research cut Banco Bradesco SA from a "buy" rating to a "hold" rating in a report on Friday, May 5th. BidaskClub downgraded Banco Bradesco SA from a "buy" rating to a "hold" rating in a report on Friday, June 23rd.

Among 6 analysts covering Banco Bradesco SA (NYSE:BBD), 2 have Buy rating, 1 Sell and 3 Hold. (NASDAQ:TSLA). At the time of writing, the First Call consensus price target for the company is $293.06. 124,482 were accumulated by Norinchukin Commercial Bank The. The Bank offers a range of banking and financial products and services in Brazil and overseas to individuals, large, mid-sized and small companies, and local and global corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.