BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

BB Seguridade Participações S.A. (OTCMKTS:BBSEYGet Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 192,600 shares, a decline of 13.5% from the January 31st total of 222,700 shares. Based on an average daily trading volume, of 199,200 shares, the days-to-cover ratio is currently 1.0 days.

BB Seguridade Participações Stock Performance

OTCMKTS BBSEY opened at $7.00 on Thursday. The firm’s fifty day moving average price is $6.52 and its two-hundred day moving average price is $6.27. The stock has a market cap of $14 billion, a PE ratio of 8.43, a PEG ratio of 1.51 and a beta of 0.90. BB Seguridade Participações has a fifty-two week low of $5.38 and a fifty-two week high of $7.25.

BB Seguridade Participações (OTCMKTS:BBSEYGet 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. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. The firm had revenue of $448.84 million for the quarter. As a group, sell-side analysts predict that BB Seguridade Participações will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participações Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.3978 dividend. This is a positive change from BB Seguridade Participações’s previous dividend of $0.21. The ex-dividend date is Friday, February 28th. BB Seguridade Participações’s payout ratio is presently 85.54%.

BB Seguridade Participações Company Profile

(Get Free Report)

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.

Further Reading

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