Press coverage about BBX Capital (NYSE:BBX) has trended positive on Wednesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. BBX Capital earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.304270072515 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- BBX Capital (BBX) to Commence Cash Tender Offer for Shares of its Class A Common Stock (streetinsider.com)
- BBX seeks to repurchase $60M in shares from the public (finance.yahoo.com)
- BBX Capital Corporation Announces Intention to Commence a Cash Tender Offer for Shares of its Class A Common Stock (finance.yahoo.com)
- BBX Capital (BBX) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- BBX Capital Corporation Reports Financial Results For the Fourth Quarter and Full Year, 2017 (finance.yahoo.com)
BBX Capital (BBX) traded up $0.05 during midday trading on Wednesday, reaching $9.23. The company had a trading volume of 519,467 shares, compared to its average volume of 265,479. The firm has a market capitalization of $936.07, a PE ratio of 11.75 and a beta of 1.89. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.25. BBX Capital has a fifty-two week low of $5.87 and a fifty-two week high of $9.29.
Several brokerages recently weighed in on BBX. Zacks Investment Research upgraded BBX Capital from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Monday. B. Riley reissued a “buy” rating and issued a $11.75 price target on shares of BBX Capital in a research note on Monday, January 8th.
In other news, Director Oscar Holzmann sold 18,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $9.06, for a total value of $163,080.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold 54,000 shares of company stock worth $459,180 in the last 90 days. Corporate insiders own 28.74% of the company’s stock.
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About BBX Capital
BBX Capital Corporation, formerly BFC Financial Corporation, is a diversified holding company. The Company has investments in Bluegreen Corporation (Bluegreen) and Renin Holdings, LLC (Renin), and in real estate and middle market operating companies. Its segments include Bluegreen, BBX Capital Real Estate and Renin.
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