Martingale Asset Management L P Has $2.22 Million Holdings in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

Martingale Asset Management L P decreased its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) by 7.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 68,170 shares of the bank’s stock after selling 5,449 shares during the period. Martingale Asset Management L P’s holdings in Banco Latinoamericano de Comercio Exterior, S. A. were worth $2,215,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. LSV Asset Management increased its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 18.8% in the second quarter. LSV Asset Management now owns 1,143,824 shares of the bank’s stock valued at $33,937,000 after acquiring an additional 181,300 shares during the last quarter. Sagil Capital LLP increased its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 72.8% in the second quarter. Sagil Capital LLP now owns 189,118 shares of the bank’s stock valued at $5,611,000 after purchasing an additional 79,701 shares during the last quarter. Beddow Capital Management Inc. grew its stake in Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% in the 3rd quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank’s stock valued at $12,709,000 after buying an additional 7,423 shares during the last quarter. Meeder Asset Management Inc. increased its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 77.8% during the second quarter. Meeder Asset Management Inc. now owns 969 shares of the bank’s stock worth $29,000 after purchasing an additional 424 shares during the period. Finally, Rhumbline Advisers increased its position in Banco Latinoamericano de Comercio Exterior, S. A. by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 47,093 shares of the bank’s stock worth $1,397,000 after buying an additional 411 shares during the period. Institutional investors and hedge funds own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Performance

NYSE BLX opened at $34.07 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73. The company has a market capitalization of $1.24 billion, a P/E ratio of 6.23 and a beta of 1.17. The firm has a 50-day moving average price of $33.19 and a two-hundred day moving average price of $31.40. Banco Latinoamericano de Comercio Exterior, S. A. has a 12-month low of $22.93 and a 12-month high of $35.47.

Banco Latinoamericano de Comercio Exterior, S. A. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 8th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 5.87%. The ex-dividend date was Friday, November 8th. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio (DPR) is currently 36.56%.

Banco Latinoamericano de Comercio Exterior, S. A. 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.