As Banco Bradesco S A (Call) (BBD) Stock Declined, Prince Street Capital Management LLC Has Increased Stake

Prince Street Capital Management Llc increased its stake in Banco Bradesco S A (Call) (BBD) by 1328.57% based on its latest 2018Q2 regulatory filing with the SEC. Prince Street Capital Management Llc bought 3.91M shares as the company’s stock declined 4.50% while stock markets rallied. The institutional investor held 4.20 million shares of the major banks company at the end of 2018Q2, valued at $28.81 million, up from 294,000 at the end of the previous reported quarter. Prince Street Capital Management Llc who had been investing in Banco Bradesco S A (Call) for a number of months, seems to be bullish on the $61.55B market cap company. The stock decreased 1.43% or $0.14 during the last trading session, reaching $9.66. About 14.38 million shares traded. Banco Bradesco S.A. (NYSE:BBD) has declined 32.35% since December 8, 2017 and is downtrending. It has underperformed by 47.97% the S&P500.

More notable recent Banco Bradesco S.A. (NYSE:BBD) news were published by: Benzinga.com which released: “Brazilian Stocks Soar On Election Results (NYSE:EWZ) – Benzinga” on October 08, 2018, also Seekingalpha.com with their article: “Brazil banks gain after JPMorgan keeps ‘overweight’ on Brazil stocks – Seeking Alpha” published on June 08, 2018, Seekingalpha.com published: “FIS, Banco Bradesco to unwind joint venture, sign new long-term contract – Seeking Alpha” on October 01, 2018. More interesting news about Banco Bradesco S.A. (NYSE:BBD) were released by: Seekingalpha.com and their article: “Brazil banks lead financial stocks down – Seeking Alpha” published on August 30, 2018 as well as Seekingalpha.com‘s news article titled: “Brazil banks tank as central bank intervention fails to prop up real – Seeking Alpha” with publication date: June 07, 2018.

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