43,279 Shares in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Acquired by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC purchased a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 43,279 shares of the bank's stock, valued at approximately $1,603,000. Motley Fool Wealth Management LLC owned 0.12% of Banco Latinoamericano de Comercio Exterior, S. A. as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new stake in Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at $74,000. Longboard Asset Management LP acquired a new stake in Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter valued at $202,000. Finally, Hillsdale Investment Management Inc. raised its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% in the fourth quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank's stock worth $4,441,000 after acquiring an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 19.47% of the company's stock.

Banco Latinoamericano de Comercio Exterior, S. A. Price Performance

Shares of BLX traded up $0.05 during trading hours on Monday, reaching $36.95. 18,561 shares of the company traded hands, compared to its average volume of 123,227. Banco Latinoamericano de Comercio Exterior, S. A. has a fifty-two week low of $27.37 and a fifty-two week high of $42.88. The stock has a market capitalization of $1.35 billion, a PE ratio of 6.74 and a beta of 1.13. The stock has a fifty day simple moving average of $38.34 and a 200 day simple moving average of $35.60. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73.

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Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The bank reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.33. The business had revenue of $78.40 million for the quarter, compared to the consensus estimate of $54.84 million. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 24.29% and a return on equity of 16.01%. As a group, research analysts predict that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current fiscal year.

Banco Latinoamericano de Comercio Exterior, S. A. Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were given a $0.625 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 6.77%. This is an increase from Banco Latinoamericano de Comercio Exterior, S. A.'s previous quarterly dividend of $0.50. Banco Latinoamericano de Comercio Exterior, S. A.'s payout ratio is currently 44.64%.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.