Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Declines By 41.7%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 153,400 shares, a decrease of 41.7% from the March 15th total of 262,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 159,600 shares, the short-interest ratio is currently 1.0 days.

BB Seguridade Participações Stock Up 0.1 %

BBSEY traded up $0.01 during trading hours on Tuesday, hitting $7.06. 49,816 shares of the company's stock were exchanged, compared to its average volume of 76,420. BB Seguridade Participações has a 1-year low of $5.38 and a 1-year high of $7.43. The stock has a market cap of $14.12 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 1.51 and a beta of 0.65. The stock's 50-day moving average is $6.95 and its two-hundred day moving average is $6.39.

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last posted its earnings results on Monday, February 17th. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The firm had revenue of $448.84 million for the quarter. BB Seguridade Participações had a return on equity of 73.91% and a net margin of 85.43%. On average, equities research analysts anticipate that BB Seguridade Participações will post 0.71 EPS for the current year.

BB Seguridade Participações Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 13th. Shareholders of record on Friday, February 28th were given a dividend of $0.3978 per share. The ex-dividend date was Friday, February 28th. This is a positive change from BB Seguridade Participações's previous dividend of $0.21. BB Seguridade Participações's dividend payout ratio (DPR) is currently 86.75%.

Analyst Ratings Changes

Separately, UBS Group cut BB Seguridade Participações from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th.

BB Seguridade Participações Company Profile

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.