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Wednesday, February 1, 2023

Insights Into Popular Inc. (BPOP) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Popular Inc. (BPOP) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $65.98. The Popular Inc. has recorded 8,067 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities.

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Stocks Info

Popular Inc. is listed on the NASDAQ in the Financial sector while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $65.98 and fluctuated between $68.03 as its day high and $65.94 as its day low. The current market capitalization of Popular Inc. is $4.79B. A total of 0.53 million shares were traded on the day, compared to an average of 532.67K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BPOP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 46 SELLs from insiders. Insiders purchased 165,574 shares during that period but sold 86,970.

In the most recent transaction, Garcia Jorge J. sold 1,383 shares of BPOP for 80.22 per share on Aug 26. After the transaction, the Senior VP & Comptroller now owns 9,299 company shares. In a previous transaction on Aug 26, VAZQUEZ CARLOS J sold 9,635 shares at 80.38 per share. BPOP shares that Executive Vice President & CFO owns now total 118,015.

Among the insiders who sold shares, SEPULVEDA ELI disposed of 5,000 shares on Aug 17 at a per-share price of $81.09. This resulted in the Executive Vice President holding 39,255 shares of BPOP after the transaction. In another insider transaction, POPULAR, INC. sold 7,065,634 shares at $31.12 per share on Aug 15. Company shares held by the 10% Owner now total 0.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Popular Inc. pays an annual dividend of $2.20, resulting in a dividend yield of 3.33%, and it has a price to earnings (P/E) ratio of 4.80. BPOP’s most recent ex-dividend date was 12/6/2022 when it declared a $0.55 quarterly dividend that was paid in cash on 1/3/2023. Previously, the company paid the dividend on 10/3/2022 with an ex-dividend date of 9/6/2022. The BPOP stock dividend was $0.55 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BPOP in the last 3 months, the mean price target is $85.60 with high estimates of $98.00 and low estimates of $75.00. In terms of 52-week highs and lows, BPOP has a high of $99.49 and a low of $62.55.

As of this writing, BPOP has an earnings estimate of $2.63 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $2.81 per share and a lower estimate of $2.39. The company reported an EPS of $2.77 in the last quarter, which was -2.10% lower than expectations of $2.83.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BPOP is Overweight with a score of 4.67. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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