Banco Bradesco S A (NYSE:BBD) Shareholder Prince Street Capital Management Llc Lowered Its Position as Price Rose

May 17, 2018 - By Cynthia Ashman

The stake In Banco Bradesco S A (NYSE:BBD) held by Prince Street Capital Management Llc was reduced. According to 2018Q1 SEC form the decrease is 83.83%. By selling 1.52M shares Prince Street Capital Management Llc made the stock Popped Up with 14.88%. The major banks company announced $3.49M value for the 2018Q1. Now the institutional investor is holding 294,000 shares, compared to the 1.82M 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”. (NYSE:BBD) has 100% bullish analysts. 2 are the (NYSE:BBD)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Monday, January 22 the stock of Banco Bradesco S.A. (NYSE:BBD) has “Buy” rating given by J.P. Morgan. 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 company has $58.79 billion market cap. The firm operates in two divisions, Banking; and Insurance, Pension Plans and Capitalization Bond.The P/E ratio is 13.66. 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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