Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Decreases By 13.5%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 192,600 shares, a decline 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 $6.82 on Friday. The stock has a market capitalization of $13.64 billion, a PE ratio of 8.22, a PEG ratio of 1.51 and a beta of 0.90. BB Seguridade Participações has a 52 week low of $5.38 and a 52 week high of $7.25. The stock’s fifty day moving average is $6.56 and its 200-day moving average is $6.27.

BB Seguridade Participações (OTCMKTS:BBSEY) last announced its quarterly earnings data on Monday, February 17th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $448.84 million for the quarter. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. As a group, analysts forecast that BB Seguridade Participações will post 0.71 earnings per share 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. Investors of record on Friday, February 28th will be given a $0.3978 dividend. The ex-dividend date is Friday, February 28th. This is an increase from BB Seguridade Participações’s previous dividend of $0.21. BB Seguridade Participações’s payout ratio is currently 85.54%.

About BB Seguridade Participações

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.