Were Analysts Bearish Popular, Inc. (NASDAQ:BPOP) This Week?

May 26, 2018 - By Stephen Andrade

Popular, Inc. (NASDAQ:BPOP) LogoInvestors sentiment decreased to 0.9 in 2017 Q4. Its down 0.68, from 1.58 in 2017Q3. It turned negative, as 42 investors sold Popular, Inc. shares while 65 reduced holdings. 36 funds opened positions while 60 raised stakes. 85.70 million shares or 3.71% less from 89.00 million shares in 2017Q3 were reported.
35,106 are held by Teacher Retirement Sys Of Texas. Heartland Advisors Incorporated has 0.02% invested in Popular, Inc. (NASDAQ:BPOP) for 8,805 shares. Blackrock Inc owns 4.93M shares. 28,205 are held by Lazard Asset Llc. Legal And General Gru Public Ltd Company reported 112,209 shares stake. Bluemountain Capital Mgmt Ltd has invested 0.07% in Popular, Inc. (NASDAQ:BPOP). Northern Trust Corp owns 537,801 shares or 0% of their US portfolio. Boston Prtn reported 0.01% stake. Moore Management L P invested 0.53% of its portfolio in Popular, Inc. (NASDAQ:BPOP). 4.00M are held by Investec Asset Ltd. Utah Retirement accumulated 18,709 shares. Hbk Invs Ltd Partnership holds 50,328 shares. Virginia Retirement Systems Et Al owns 17,400 shares for 0.01% of their portfolio. Wells Fargo And Communications Mn has invested 0% in Popular, Inc. (NASDAQ:BPOP). Jacobs Levy Equity has invested 0.25% in Popular, Inc. (NASDAQ:BPOP).

Popular, Inc. (NASDAQ:BPOP) Ratings Coverage

Among 8 analysts covering Popular Inc (NASDAQ:BPOP), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Popular Inc had 21 analyst reports since November 28, 2017 according to SRatingsIntel. On Wednesday, January 24 the stock rating was maintained by Citigroup with “Buy”. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, December 13. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, April 30. The firm has “Buy” rating given on Thursday, December 21 by Citigroup. The stock of Popular, Inc. (NASDAQ:BPOP) has “Buy” rating given on Tuesday, February 27 by Piper Jaffray. Piper Jaffray maintained Popular, Inc. (NASDAQ:BPOP) on Thursday, February 15 with “Buy” rating. Barclays Capital maintained Popular, Inc. (NASDAQ:BPOP) on Wednesday, April 25 with “Overweight” rating. Sandler O’Neill maintained Popular, Inc. (NASDAQ:BPOP) on Thursday, February 15 with “Buy” rating. The rating was maintained by BTIG Research on Tuesday, January 23 with “Buy”. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, January 26. Below is a list of Popular, Inc. (NASDAQ:BPOP) latest ratings and price target changes.

30/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $49 Maintain
25/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $49 New Target: $51 Maintain
25/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $51.0000 Maintain
24/04/2018 Broker: BTIG Research Rating: Buy New Target: $53.0000 Maintain
24/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $52.5000 Maintain
27/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $51.5 Maintain
15/02/2018 Broker: Sandler O’Neill Rating: Buy New Target: $48.0 Maintain
15/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $51.0 Maintain
15/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $49.0 Maintain
14/02/2018 Broker: BTIG Research Rating: Buy New Target: $46.0 Maintain

The stock increased 0.09% or $0.04 during the last trading session, reaching $46.8. About 406,264 shares traded. Popular, Inc. (NASDAQ:BPOP) has risen 6.76% since May 26, 2017 and is uptrending. It has underperformed by 4.79% the S&P500.

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 $4.79 billion. The firm accepts various deposit products. It has a 45.88 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.

More news for Popular, Inc. (NASDAQ:BPOP) were recently published by: Streetinsider.com, which released: “Raising PT’s On BPOP, FBP and OFG On Economic Stability And Hints At Debt Settlement – Piper Jaffray” on May 21, 2018. Businesswire.com‘s article titled: “Popular Announces Early Termination of FDIC Shared-Loss Agreements” and published on May 24, 2018 is yet another important article.

Popular, Inc. (NASDAQ:BPOP) Institutional Positions Chart

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: