BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 207,400 shares, a decrease of 67.5% from the February 13th total of 638,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 1,981,800 shares, the days-to-cover ratio is presently 0.1 days.
Analysts Set New Price Targets
A number of brokerages have recently commented on BDORY. Citigroup lowered shares of BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th. The Goldman Sachs Group lowered shares of BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th.
Read Our Latest Stock Report on BDORY
BANCO DO BRASIL/S Stock Up 2.9 %
Shares of BDORY stock traded up $0.14 during trading on Monday, reaching $4.89. The company's stock had a trading volume of 113,303 shares, compared to its average volume of 692,474. The business has a fifty day moving average price of $4.70 and a 200-day moving average price of $4.61. The company has a market cap of $28.02 billion, a price-to-earnings ratio of 4.25, a price-to-earnings-growth ratio of 1.65 and a beta of 1.05. BANCO DO BRASIL/S has a one year low of $3.72 and a one year high of $5.85.
BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The firm had revenue of $14.73 billion for the quarter. Research analysts anticipate that BANCO DO BRASIL/S will post 1.08 EPS for the current year.
BANCO DO BRASIL/S Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be given a dividend of $0.0408 per share. This is a positive change from BANCO DO BRASIL/S's previous dividend of $0.02. The ex-dividend date is Thursday, March 13th. BANCO DO BRASIL/S's dividend payout ratio is 6.09%.
About BANCO DO BRASIL/S
(
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Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.
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