BB Seguridade Participacoes SA (OTCMKTS:BBSEY – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 177,877 shares, an increase of 95.9% from the April 15th total of 90,807 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 311,373 shares, the days-to-cover ratio is currently 0.6 days.
Wall Street Analyst Weigh In
BBSEY has been the topic of a number of recent analyst reports. Zacks Research raised shares of BB Seguridade Participacoes from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Itau BBA Securities lowered shares of BB Seguridade Participacoes to an “underperform” rating in a research report on Wednesday, April 15th. Finally, The Goldman Sachs Group lowered shares of BB Seguridade Participacoes to a “neutral” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Report on BB Seguridade Participacoes
BB Seguridade Participacoes Trading Up 0.1%
BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. BB Seguridade Participacoes had a net margin of 87.73% and a return on equity of 83.33%. The company had revenue of $471.89 million for the quarter, compared to the consensus estimate of $529.60 million. Equities research analysts anticipate that BB Seguridade Participacoes will post 0.87 EPS for the current fiscal year.
BB Seguridade Participacoes Company Profile
BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.
The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).
Featured Articles
- Five stocks we like better than BB Seguridade Participacoes
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for BB Seguridade Participacoes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BB Seguridade Participacoes and related companies with MarketBeat.com's FREE daily email newsletter.
