The shares of Banco Bradesco S.A. (NYSE:BBD) has been pegged with a rating of Overweight by JP Morgan in its latest research note that was published on January 22nd, 2018. JP Morgan wasn’t the only research firm that published a report of Banco Bradesco S.A., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on September 11th, 2017, to Buy the BBD stock. The stock had earned Buy rating from Citigroup when it published its report on November 30th, 2016. The stock was given Neutral rating by Goldman in its report released on September 21st, 2016. Barclays was of a view that BBD is Equal Weight in its latest report on April 27th, 2016. Citigroup thinks that BBD is worth Sell rating. This was contained in the firm’s report on April 8th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $9.73. The price of the stock the last time has raised by 68.84% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 43.12.
The shares of the company dipped by -2.20% during the trading session on Wednesday, reaching a low of $8.76 while ending the day at $8.88. During the trading session, a total of 11.51 million shares were traded which represents a 29.96% incline from the average session volume which is 16.44M shares. BBD had ended its last session trading at 9.08. Banco Bradesco S.A. currently has a market cap of $71.33B while its P/E ratio stands at 12.69. BBD 52-week low price stands at $5.26 while its 52-week high price is $10.45.
The company in its last quarterly report recorded $0.19 earnings per share which is above the $0.17 predicted by most analysts. The Banco Bradesco S.A. generated $6,192.27 million in revenue during the last quarter, which is slightly lower than the $6,438.21 million predicted by analysts. In the second quarter last year, the firm recorded $0.19 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Banco Bradesco S.A. has the potential to record 0.70 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Nomura published a research note on March 27th, 2019 where it informed investors and clients that Annaly Capital Management, Inc. (NYSE:NLY) is now rated as Buy. Goldman also rated NLY as Upgrade on September 11th, 2017, with its price target of suggesting that NLY could surge by 3.43% from its current share price. Even though the stock has been trading at $10.08/share, analysts expect it to surge higher by 0.60% to reach $10.50/share. It started the day trading at $10.18 and traded between $10.09 and $10.14 throughout the trading session.
A look at its technical shows that NLY’s 50-day SMA is 10.14 while its 200-day SMA stands at 10.20. The stock has a high of $10.78 for the year while the low is $9.57. The company’s P/E ratio currently sits at 64.59, while the P/B ratio is 1.08. At the moment, only of Annaly Capital Management, Inc. shares were sold short. The company’s average trading volume currently stands at 13.25M shares, which means that the short-interest ratio is just 4.22 days. Over the past seven days, the company moved, with its shift of 1.30%. Looking further, the stock has dropped -1.65% over the past 90 days while it gained 1.81% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more NLY shares, increasing its portfolio by +7.49% during the last quarter. This move now sees The Vanguard Group Inc purchasing 8,195,591 shares in the last quarter, thus it now holds 117,558,870 shares of NLY, with a total valuation of $1,174,413,111. BlackRock Fund Advisors meanwhile bought more NLY shares in the recently filed quarter, changing its stake to $1,010,073,226 worth of shares. SSgA Funds Management Inc followed the path by increasing its NLY portfolio by +19.57% in the quarter. This means that SSgA Funds Management Inc bought 7,023,978 shares in the last quarter and now controls 42,915,810 shares of the NLY stock, with the valuation hitting $428,728,942.
Similarly, Michigan Department of Treasury decreased its Annaly Capital Management, Inc. shares by 0.00% during the recently filed quarter. After selling 0 shares in the last quarter, the firm now controls 27,582,275 shares of Annaly Capital Management, Inc. which are valued at $275,546,927. In the same vein, LSV Asset Management decreased its Annaly Capital Management, Inc. shares by during the most recent reported quarter. The firm sold -1,447,388 shares during the quarter which decreased its stakes to 25,241,333 shares and is now valued at $252,160,917. Following these latest developments, around 0.30% of Annaly Capital Management, Inc. stocks are owned by institutional investors and hedge funds.