What’s in Popular, Inc. (BPOP) After Today’s Significant Increase?

February 15, 2018 - By Winifred Garcia

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.83, from 0.75 in 2017Q2. It improved, as 22 investors sold Popular, Inc. shares while 56 reduced holdings. 42 funds opened positions while 81 raised stakes. 89.00 million shares or 5.87% more from 84.07 million shares in 2017Q2 were reported.
Moreover, Cornerstone Capital Limited Liability Company has 0% invested in Popular, Inc. (NASDAQ:BPOP). Boston Prns reported 0.01% in Popular, Inc. (NASDAQ:BPOP). 10,040 were reported by Neuberger Berman Gp Ltd Limited Liability Company. Deutsche Retail Bank Ag, a Germany-based fund reported 57,050 shares. Moreover, Fincl Bank Of New York Mellon has 0.01% invested in Popular, Inc. (NASDAQ:BPOP). State Street accumulated 2.59M shares. Dupont Cap Mgmt Corp owns 87,100 shares for 0.07% of their portfolio. Ajo L P holds 0.45% or 2.91 million shares in its portfolio. Whittier Communications holds 0% or 100 shares in its portfolio. Price T Rowe Assoc Md invested in 6.77M shares. Capital Fund Mngmt Sa stated it has 0.03% of its portfolio in Popular, Inc. (NASDAQ:BPOP). Nationwide Fund Advsrs, a Pennsylvania-based fund reported 43,655 shares. The Illinois-based Blair William Il has invested 0.01% in Popular, Inc. (NASDAQ:BPOP). Aperio Grp Limited Company has 0.02% invested in Popular, Inc. (NASDAQ:BPOP). Rafferty Asset Mgmt Limited invested in 19,879 shares.

The stock of Popular, Inc. (NASDAQ:BPOP) is a huge mover today! The stock increased 5.29% or $2.18 during the last trading session, reaching $43.38. About 1.36M shares traded or 39.56% up from the average. Popular, Inc. (NASDAQ:BPOP) has risen 26.79% since February 15, 2017 and is uptrending. It has outperformed by 10.09% the S&P500.
The move comes after 7 months positive chart setup for the $4.43 billion company. It was reported on Feb, 15 by Barchart.com. We have $47.28 PT which if reached, will make NASDAQ:BPOP worth $398.52 million more.

Popular, Inc. (NASDAQ:BPOP) Ratings Coverage

Among 17 analysts covering Popular Inc (NASDAQ:BPOP), 14 have Buy rating, 1 Sell and 2 Hold. Therefore 82% are positive. Popular Inc had 42 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 23 by Sandler O’Neill. The rating was upgraded by Compass Point to “Buy” on Friday, November 3. The stock of Popular, Inc. (NASDAQ:BPOP) earned “Overweight” rating by Barclays Capital on Wednesday, November 1. The stock of Popular, Inc. (NASDAQ:BPOP) has “Overweight” rating given on Friday, April 8 by Piper Jaffray. The rating was maintained by Piper Jaffray on Friday, October 6 with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, June 28 report. The firm has “Outperform” rating given on Tuesday, November 28 by Wood. The company was downgraded on Friday, November 18 by Compass Point. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, November 1. The firm has “Buy” rating given on Tuesday, November 28 by Keefe Bruyette & Woods.

More notable recent Popular, Inc. (NASDAQ:BPOP) news were published by: Businesswire.com which released: “Popular, Inc. Announces Fourth Quarter Financial Results” on January 23, 2018, also Reuters.com with their article: “Deals of the day-Mergers and acquisitions” published on February 15, 2018, Streetinsider.com published: “Form 5 POPULAR INC For: Dec 31 Filed by: CHINEA MANUEL” on February 15, 2018. More interesting news about Popular, Inc. (NASDAQ:BPOP) were released by: Seekingalpha.com and their article: “Popular shows post-hurricane resilience; shares up nearly 7%” published on January 23, 2018 as well as Reuters.com‘s news article titled: “Popular Inc to buy Wells Fargo’s Puerto Rico auto finance business for $1.7 …” with publication date: February 14, 2018.

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking services and products primarily to institutional and retail customers. The company has market cap of $4.43 billion. The firm accepts various deposit products. It has a 42.53 P/E ratio. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage loans; and consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.