Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.26 and traded as high as $39.43. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $39.14, with a volume of 93,967 shares.

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

The company has a market cap of $1.43 billion, a price-to-earnings ratio of 7.16 and a beta of 0.88. The company has a fifty day simple moving average of $37.67 and a two-hundred day simple moving average of $36.40. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73.

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

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a dividend of $0.625 per share. This is an increase from Banco Latinoamericano de Comercio Exterior, S. A.'s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.50 annualized dividend and a yield of 6.39%. Banco Latinoamericano de Comercio Exterior, S. A.'s dividend payout ratio (DPR) is presently 44.64%.

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

A number of large investors have recently made changes to their positions in BLX. Motley Fool Wealth Management LLC acquired a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter worth $1,603,000. GAMMA Investing LLC grew its position in Banco Latinoamericano de Comercio Exterior, S. A. by 4,087.0% in the first quarter. GAMMA Investing LLC now owns 26,462 shares of the bank's stock valued at $969,000 after acquiring an additional 25,830 shares in the last quarter. Longboard Asset Management LP purchased a new stake in Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth $202,000. SBI Securities Co. Ltd. purchased a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the fourth quarter worth about $74,000. Finally, Hillsdale Investment Management Inc. raised its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 0.7% in the 4th quarter. Hillsdale Investment Management Inc. now owns 124,864 shares of the bank's stock valued at $4,441,000 after purchasing an additional 900 shares in the last quarter. Institutional investors and hedge funds own 19.47% of the company's stock.

About Banco Latinoamericano de Comercio Exterior, S. A.

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.