BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $7.51 and last traded at $7.18, with a volume of 55446 shares changing hands. The stock had previously closed at $7.06.
Wall Street Analysts Forecast Growth
Separately, UBS Group cut BB Seguridade Participações from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th.
Read Our Latest Stock Report on BBSEY
BB Seguridade Participações Trading Down 1.5 %
The firm's fifty day moving average price is $6.98 and its 200-day moving average price is $6.42. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 1.51 and a beta of 0.65.
BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last announced its quarterly earnings results on Monday, February 17th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. The firm had revenue of $448.84 million during the quarter. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. On average, sell-side analysts expect that BB Seguridade Participações S.A. will post 0.71 earnings per share for the current year.
BB Seguridade Participações Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, March 13th. Investors of record on Friday, February 28th were paid a dividend of $0.3978 per share. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from BB Seguridade Participações's previous dividend of $0.21. BB Seguridade Participações's dividend payout ratio (DPR) is currently 86.75%.
About BB Seguridade Participações
(
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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