Banco Bradesco SA Plans Special Dividend of $0.01 (BBDO)

Nationwide Fund Advisors increased its position in shares of Banco Bradesco by 29.5% during the 2nd quarter.

A number of other large investors also recently modified their holdings of the stock. Cutler Investment Counsel LLC bought a new stake in shares of Banco Bradesco in the third quarter valued at about $131,000. Ameriprise Financial Inc. now owns 75,591 shares of the bank's stock valued at $643,000 after purchasing an additional 11,473 shares during the last quarter. Quantitative Systematic Strategies LLC bought a new position in Banco Bradesco during the fourth quarter worth about $151,000. The stock's quarterly performance indicates a positive momentum of 11.86 percent, whereas its last one month trend is optimistic with 5.64 percent. Janus Henderson Group PLC raised its stake in shares of Banco Bradesco by 10.0% during the second quarter. Empirical Finance LLC purchased a new position in shares of Banco Bradesco in the 3rd quarter worth approximately $144,000. Eqis Capital Management Inc. now owns 52,661 shares of the bank's stock valued at $583,000 after acquiring an additional 31,127 shares during the last quarter.

Banco Bradesco S.A. (BBD) has an Analysts' Mean Recommendation of 2.6.

Banco Bradesco S.A. (NYSE:BBD) reported its EPS in the last quarter as $0.25/Share beating the analyst estimate of $0.23/Share by a difference of $0.02. Zacks Investment Research raised shares of Banco Bradesco from a "sell" rating to a "hold" rating in a research report on Wednesday, November 8th.

Banco Bradesco (NYSE:BBD) was upgraded by equities researchers at Citigroup from a "neutral" rating to a "buy" rating in a note issued to investors on Thursday, January 18th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company's stock. The stock has a consensus rating of "Buy" and an average price target of $12.20.

Banco Bradesco SA (NYSE BBD) opened at $11.33 on Friday. The 52-Week High range of the stock is $13.18, while the 52-week low range is $7.84.

The company P/E (price to earnings) ratio is 12.72 and Forward P/E ratio is 10.12. Banco Bradesco had a return on equity of 17.54% and a net margin of 9.87%. analysts forecast that Banco Bradesco will post 0.96 earnings per share for the current year. Shareholders of record on Monday, February 5th will be given a dividend of 0.005 per share by the bank on Monday, March 12th. This represents a dividend yield of 0.65%. Banco Bradesco SA's payout ratio is now 7.86%. If you are reading this piece on another publication, it was illegally copied and republished in violation of USA & worldwide trademark and copyright laws. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/02/12/banco-bradesco-bbd-lifted-to-strong-buy-at-valuengine.html.

Banco Bradesco S.A. (NYSE:BBD) has the Market Capitalization of 67.91 Billion. 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 in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.

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