Motley Fool Wealth Management LLC Reduces Stock Position in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

Motley Fool Wealth Management LLC decreased its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Rating) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,600 shares of the bank’s stock after selling 4,381 shares during the quarter. Motley Fool Wealth Management LLC owned 0.89% of Banco Latinoamericano de Comercio Exterior, S. A. worth $5,837,000 at the end of the most recent quarter.

Separately, Seizert Capital Partners LLC acquired a new stake in Banco Latinoamericano de Comercio Exterior, S. A. in the 4th quarter valued at about $365,000. Hedge funds and other institutional investors own 23.37% of the company’s stock.

Separately, StockNews.com lowered shares of Banco Latinoamericano de Comercio Exterior, S. A. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th.

Shares of NYSE BLX traded up $0.23 during trading on Tuesday, reaching $14.14. The company had a trading volume of 411 shares, compared to its average volume of 123,351. Banco Latinoamericano de Comercio Exterior, S. A. has a twelve month low of $13.80 and a twelve month high of $19.33. The stock has a 50-day moving average price of $15.05 and a two-hundred day moving average price of $16.02. The stock has a market capitalization of $512.29 million, a PE ratio of 8.59 and a beta of 1.25.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Rating) last released its earnings results on Wednesday, May 4th. The bank reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.12). Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 35.49% and a return on equity of 6.04%.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Monday, May 16th will be paid a $0.25 dividend. The ex-dividend date is Friday, May 13th. This represents a $1.00 annualized dividend and a yield of 7.07%. Banco Latinoamericano de Comercio Exterior, S. A.’s payout ratio is currently 61.73%.

Banco Latinoamericano de Comercio Exterior, S. A. Profile (Get Rating)

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 through two segments, Commercial and Treasury. It offers short and medium-term bilateral loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing.

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