WINTON GROUP Ltd acquired a new stake in shares of Companhia Brasileira de Distribuição (NYSE:CBD – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 41,808 shares of the company’s stock, valued at approximately $211,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Wolverine Trading LLC bought a new position in shares of Companhia Brasileira de Distribuição during the 4th quarter valued at about $41,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Companhia Brasileira de Distribuição during the 1st quarter valued at about $53,000. Atlas Capital Advisors LLC raised its position in shares of Companhia Brasileira de Distribuição by 872.8% during the 1st quarter. Atlas Capital Advisors LLC now owns 10,779 shares of the company’s stock valued at $54,000 after buying an additional 9,671 shares in the last quarter. Counterpoint Mutual Funds LLC raised its position in shares of Companhia Brasileira de Distribuição by 102.4% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 13,072 shares of the company’s stock valued at $66,000 after buying an additional 6,614 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC purchased a new stake in shares of Companhia Brasileira de Distribuição during the 4th quarter valued at about $75,000. Institutional investors own 4.35% of the company’s stock.
Companhia Brasileira de Distribuição Stock Performance
Companhia Brasileira de Distribuição stock opened at $4.12 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.69. Companhia Brasileira de Distribuição has a 1-year low of $2.73 and a 1-year high of $6.02. The firm has a market capitalization of $1.11 billion, a P/E ratio of 3.11 and a beta of 0.98. The company’s 50-day moving average is $3.25 and its 200 day moving average is $4.04.
Wall Street Analysts Forecast Growth
CBD has been the topic of several recent research reports. StockNews.com upgraded shares of Companhia Brasileira de Distribuição from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd. Bank of America upgraded shares of Companhia Brasileira de Distribuição from an “underperform” rating to a “buy” rating in a research report on Wednesday, May 4th. Finally, JPMorgan Chase & Co. cut shares of Companhia Brasileira de Distribuição from an “overweight” rating to a “neutral” rating in a research report on Monday, July 25th.
About Companhia Brasileira de Distribuição
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of supermarkets, specialized stores, and department stores in Brazil. It operates in Brazilian Retail, Grupo Éxito, and Other Businesses segments. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems.
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