Uniplan Investment Counsel Inc. purchased a new stake in Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 203,532 shares of the bank’s stock, valued at approximately $5,992,000. Uniplan Investment Counsel Inc. owned about 0.52% of Banco Latinoamericano de Comercio Exterior at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Rhumbline Advisers increased its holdings in shares of Banco Latinoamericano de Comercio Exterior by 0.3% in the 2nd quarter. Rhumbline Advisers now owns 37,617 shares of the bank’s stock valued at $1,030,000 after purchasing an additional 108 shares in the last quarter. Paradice Investment Management LLC increased its holdings in shares of Banco Latinoamericano de Comercio Exterior by 4.3% in the 2nd quarter. Paradice Investment Management LLC now owns 1,886,159 shares of the bank’s stock valued at $51,643,000 after purchasing an additional 77,600 shares in the last quarter. LSV Asset Management increased its holdings in shares of Banco Latinoamericano de Comercio Exterior by 0.7% in the 2nd quarter. LSV Asset Management now owns 1,860,019 shares of the bank’s stock valued at $50,927,000 after purchasing an additional 13,600 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc. increased its holdings in shares of Banco Latinoamericano de Comercio Exterior by 3.0% in the 2nd quarter. Schafer Cullen Capital Management Inc. now owns 123,279 shares of the bank’s stock valued at $3,375,000 after purchasing an additional 3,620 shares in the last quarter. Institutional investors own 16.34% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of Banco Latinoamericano de Comercio Exterior from a “strong sell” rating to a “hold” rating in a report on Monday, September 25th. Three investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Banco Latinoamericano de Comercio Exterior currently has an average rating of “Sell” and an average price target of $27.50.

Shares of Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) traded down $0.19 during midday trading on Thursday, reaching $29.23. 112,400 shares of the company were exchanged, compared to its average volume of 132,189. The firm has a market cap of $1,158.12, a PE ratio of 15.48 and a beta of 1.64. Banco Latinoamericano de Comercio Exterior, S.A. has a 12-month low of $25.51 and a 12-month high of $30.51. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.63 and a current ratio of 1.63.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) last issued its quarterly earnings data on Friday, October 20th. The bank reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.04). The business had revenue of $31.07 million during the quarter, compared to analyst estimates of $37.94 million. Banco Latinoamericano de Comercio Exterior had a net margin of 29.97% and a return on equity of 7.32%. analysts predict that Banco Latinoamericano de Comercio Exterior, S.A. will post 2.11 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Wednesday, November 1st were paid a $0.385 dividend. The ex-dividend date was Tuesday, October 31st. This represents a $1.54 dividend on an annualized basis and a yield of 5.27%. Banco Latinoamericano de Comercio Exterior’s payout ratio is 81.05%.

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About Banco Latinoamericano de Comercio Exterior

Banco Latinoamericano de Comercio Exterior, SA (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank’s Commercial segment incorporates all of the Bank’s financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits.

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Institutional Ownership by Quarter for Banco Latinoamericano de Comercio Exterior (NYSE:BLX)

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