BB Seguridade Participações (OTCMKTS:BBSEY) Downgraded by UBS Group to "Hold"

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) was downgraded by research analysts at UBS Group from a "strong-buy" rating to a "hold" rating in a report released on Tuesday, April 8th,Zacks.com reports.

BB Seguridade Participações Price Performance

BB Seguridade Participações stock traded down $0.02 during midday trading on Tuesday, hitting $7.22. 115,744 shares of the stock were exchanged, compared to its average volume of 77,616. The company has a 50 day moving average price of $6.94 and a two-hundred day moving average price of $6.37. The firm has a market cap of $14.44 billion, a P/E ratio of 8.70, a P/E/G ratio of 1.51 and a beta of 0.65. BB Seguridade Participações has a 1 year low of $5.38 and a 1 year high of $7.43.

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last released its quarterly 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. The business 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%. As a group, analysts predict that BB Seguridade Participações will post 0.71 EPS for the current year.

BB Seguridade Participações Company Profile

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.