BBX Capital Corp (NYSE:BBX) was the recipient of a large growth in short interest in the month of March. As of March 29th, there was short interest totalling 880,994 shares, a growth of 64.4% from the March 15th total of 535,859 shares. Based on an average daily trading volume, of 270,087 shares, the days-to-cover ratio is presently 3.3 days. Currently, 1.5% of the shares of the company are short sold.

NYSE BBX opened at $6.00 on Thursday. The firm has a market cap of $595.38 million, a PE ratio of 8.33 and a beta of 1.61. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.21. BBX Capital has a 1-year low of $5.23 and a 1-year high of $10.17.

BBX Capital (NYSE:BBX) last posted its quarterly earnings data on Monday, March 11th. The financial services provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.04 by $0.08. BBX Capital had a return on equity of 9.16% and a net margin of 6.06%. As a group, analysts forecast that BBX Capital will post 0.28 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, April 1st will be paid a $0.0125 dividend. This represents a $0.05 annualized dividend and a dividend yield of 0.83%. This is a positive change from BBX Capital’s previous quarterly dividend of $0.01. The ex-dividend date is Friday, March 29th. BBX Capital’s dividend payout ratio is 6.94%.

Large investors have recently bought and sold shares of the company. B. Riley Financial Inc. increased its stake in shares of BBX Capital by 78.5% in the 3rd quarter. B. Riley Financial Inc. now owns 147,052 shares of the financial services provider’s stock worth $1,091,000 after purchasing an additional 64,652 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of BBX Capital by 12.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,774,879 shares of the financial services provider’s stock worth $13,170,000 after purchasing an additional 197,786 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of BBX Capital in the 3rd quarter worth $349,000. Morgan Stanley increased its stake in shares of BBX Capital by 30.4% in the 3rd quarter. Morgan Stanley now owns 350,860 shares of the financial services provider’s stock worth $2,603,000 after purchasing an additional 81,885 shares in the last quarter. Finally, Federated Investors Inc. PA purchased a new stake in shares of BBX Capital in the 3rd quarter worth $39,000. Hedge funds and other institutional investors own 28.75% of the company’s stock.

Separately, Zacks Investment Research cut BBX Capital from a “buy” rating to a “hold” rating in a report on Friday, January 18th.

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About BBX Capital

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.

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