BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 192,600 shares, a decrease of 13.5% from the January 31st total of 222,700 shares. Based on an average trading volume of 199,200 shares, the short-interest ratio is presently 1.0 days.

BB Seguridade Participações Stock Performance

Shares of BBSEY stock opened at $7.00 on Thursday. BB Seguridade Participações has a 52-week low of $5.38 and a 52-week high of $7.25. The company has a 50-day simple moving average of $6.52 and a two-hundred day simple moving average of $6.27. The company has a market capitalization of $14 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 1.51 and a beta of 0.90.

BB Seguridade Participações (OTCMKTS:BBSEY) last issued its quarterly earnings data on Monday, February 17th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. The business had revenue of $448.84 million during the quarter. On average, sell-side analysts forecast that BB Seguridade Participações will post 0.71 EPS for the current fiscal year.

BB Seguridade Participações Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.3978 per share. This is an increase from BB Seguridade Participações’s previous dividend of $0.21. The ex-dividend date of this dividend is Friday, February 28th. BB Seguridade Participações’s dividend payout ratio is currently 85.54%.

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.