October 28, 2017 – By Marguerite Chambers
Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.18, from 0.93 in 2017Q1. It is negative, as 27 investors sold Popular Inc shares while 83 reduced holdings. 25 funds opened positions while 58 raised stakes. 84.07 million shares or 1.49% less from 85.34 million shares in 2017Q1 were reported.
Paloma Prns Mgmt has invested 0% in Popular Inc (NASDAQ:BPOP). State Board Of Administration Of Florida Retirement System has 0.02% invested in Popular Inc (NASDAQ:BPOP) for 164,943 shares. California-based First Republic has invested 0% in Popular Inc (NASDAQ:BPOP). Invesco Ltd holds 153,187 shares or 0% of its portfolio. Cantab Cap Prtnrs Llp has 0% invested in Popular Inc (NASDAQ:BPOP) for 10,475 shares. Clearbridge Limited Liability Co holds 0.33% or 372,443 shares in its portfolio. Raffles Associates Limited Partnership stated it has 10.36% in Popular Inc (NASDAQ:BPOP). Ahl Prtn Llp has 0.02% invested in Popular Inc (NASDAQ:BPOP) for 20,164 shares. Clover Prns Ltd Partnership holds 126,400 shares. Massachusetts Ser Ma reported 0% of its portfolio in Popular Inc (NASDAQ:BPOP). Millennium Mgmt Ltd Liability Company holds 670,270 shares or 0.05% of its portfolio. Price Michael F holds 310,000 shares or 1.56% of its portfolio. Baystate Wealth Mngmt Lc has 0% invested in Popular Inc (NASDAQ:BPOP) for 10 shares. New York-based Cornerstone Cap Mngmt Holdg has invested 0% in Popular Inc (NASDAQ:BPOP). Oxbow Advsr Ltd Limited Liability Company holds 1.29% in Popular Inc (NASDAQ:BPOP) or 174,890 shares.
Since May 1, 2017, it had 0 insider purchases, and 4 sales for $806,466 activity. Shares for $84,247 were sold by SEPULVEDA ELI on Wednesday, May 3. The insider NESTOR O. RIVERA sold $469,674. $99,945 worth of Popular Inc (NASDAQ:BPOP) was sold by NEGRON EDUARDO J. on Tuesday, May 16. BALLESTER ALEJANDRO M sold $126,450 worth of stock or 3,000 shares. $152,600 worth of Popular Inc (NASDAQ:BPOP) shares were sold by Garcia Jorge J..
Popular Inc (NASDAQ:BPOP) Ratings Coverage
Among 14 analysts covering Popular Inc (NASDAQ:BPOP), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Popular Inc had 26 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Monday, July 27 to “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, June 5. The company was downgraded on Monday, February 6 by Keefe Bruyette & Woods. The rating was downgraded by BTIG Research on Tuesday, November 22 to “Neutral”. On Friday, April 8 the stock rating was initiated by Piper Jaffray with “Overweight”. The firm earned “Buy” rating on Wednesday, June 28 by RBC Capital Markets. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Wednesday, January 25. The stock of Popular Inc (NASDAQ:BPOP) earned “Buy” rating by Compass Point on Thursday, February 25. On Monday, February 6 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Outperform” rating given on Friday, February 26 by Merion Capital. Below is a list of Popular Inc (NASDAQ:BPOP) latest ratings and price target changes.
26/10/2017 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Old Target: $40 Upgrade
11/10/2017 Broker: Inc. – Common Stock Rating: Barclays New Target: $47 40
06/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $53.0 Maintain
29/09/2017 Broker: Morgan Stanley Rating: Hold New Target: $40.0
12/09/2017 Broker: BTIG Research Rating: Buy New Target: $70.0
07/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $51.0 Maintain
06/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $46.0000 Maintain
28/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $51.0000 Maintain
05/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $46.0000 Maintain
The stock decreased 3.16% or $1.13 on October 27, reaching $34.63. About 1.60M shares traded or 3.23% up from the average. Popular Inc (NASDAQ:BPOP) has risen 26.79% since October 28, 2016 and is uptrending. It has outperformed by 10.09% the S&P500.
Popular, Inc. is a financial holding company. The company has market cap of $3.53 billion. The Firm operates in two divisions: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. It has a 15.65 P/E ratio. The Firm has activities in Puerto Rico, the United States and the Caribbean.
More news for Popular Inc (NASDAQ:BPOP) were recently published by: Businesswire.com, which released: “Popular, Inc. to Report Third Quarter Results and Hold Conference Call on …” on October 18, 2017. Streetinsider.com‘s article titled: “Barclays Upgrades Popular, Inc. (BPOP) to Overweight” and published on October 26, 2017 is yet another important article.
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