Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Short Interest Update

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 293,900 shares, an increase of 30.5% from the March 31st total of 225,200 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average trading volume of 129,700 shares, the short-interest ratio is presently 2.3 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. in the 4th quarter valued at $74,000. Longboard Asset Management LP purchased a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. during the 4th quarter worth $202,000. Sterling Capital Management LLC grew its position in Banco Latinoamericano de Comercio Exterior, S. A. by 5.7% during the fourth quarter. Sterling Capital Management LLC now owns 14,497 shares of the bank’s stock worth $516,000 after buying an additional 779 shares during the period. GAMMA Investing LLC raised its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 4,087.0% during the first quarter. GAMMA Investing LLC now owns 26,462 shares of the bank’s stock worth $969,000 after purchasing an additional 25,830 shares during the last quarter. Finally, Motley Fool Wealth Management LLC purchased a new stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. in the fourth quarter valued at about $1,603,000. Institutional investors and hedge funds own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Up 1.9 %

Shares of Banco Latinoamericano de Comercio Exterior, S. A. stock opened at $39.35 on Friday. Banco Latinoamericano de Comercio Exterior, S. A. has a fifty-two week low of $27.37 and a fifty-two week high of $42.88. The company has a fifty day moving average of $37.67 and a 200 day moving average of $36.38. The company has a market capitalization of $1.44 billion, a P/E ratio of 7.19 and a beta of 0.88. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) last announced its quarterly earnings data on Thursday, February 27th. The bank reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.33. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. The business had revenue of $78.40 million during the quarter, compared to the consensus estimate of $54.84 million. On average, sell-side 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. Investors of record on Monday, March 10th were paid a dividend of $0.625 per share. This is a positive change from Banco Latinoamericano de Comercio Exterior, S. A.’s previous quarterly dividend of $0.50. This represents a $2.50 annualized dividend and a yield of 6.35%. The ex-dividend date was Monday, March 10th. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio (DPR) is currently 44.64%.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

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.