Quadrant Capital Group LLC Increases Stake in Companhia Brasileira De Distribuicao (NYSE:CBD)

Quadrant Capital Group LLC grew its position in shares of Companhia Brasileira De Distribuicao (NYSE:CBD) by 248.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,968 shares of the company’s stock after buying an additional 35,626 shares during the quarter. Quadrant Capital Group LLC’s holdings in Companhia Brasileira De Distribuicao were worth $192,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Millennium Management LLC raised its position in Companhia Brasileira De Distribuicao by 59.3% during the 2nd quarter. Millennium Management LLC now owns 1,414,300 shares of the company’s stock worth $4,384,000 after buying an additional 526,393 shares during the last quarter. UBS Group AG raised its position in Companhia Brasileira De Distribuicao by 5.0% during the 1st quarter. UBS Group AG now owns 1,200,339 shares of the company’s stock worth $3,529,000 after buying an additional 56,860 shares during the last quarter. Bank of America Corp DE raised its position in Companhia Brasileira De Distribuicao by 2,166.0% during the 1st quarter. Bank of America Corp DE now owns 1,032,896 shares of the company’s stock worth $5,205,000 after buying an additional 987,314 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Companhia Brasileira De Distribuicao by 199.9% in the 1st quarter. Renaissance Technologies LLC now owns 725,500 shares of the company’s stock valued at $3,657,000 after purchasing an additional 483,600 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of Companhia Brasileira De Distribuicao in the 1st quarter valued at about $1,616,000. Hedge funds and other institutional investors own 4.63% of the company’s stock.

Companhia Brasileira De Distribuicao Price Performance

NYSE:CBD opened at $0.72 on Tuesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.99 and a current ratio of 1.32. The firm has a 50-day moving average price of $0.70 and a two-hundred day moving average price of $2.53. Companhia Brasileira De Distribuicao has a twelve month low of $0.58 and a twelve month high of $4.76.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. TheStreet downgraded shares of Companhia Brasileira De Distribuicao from a “c-” rating to a “d” rating in a report on Friday. StockNews.com began coverage on shares of Companhia Brasileira De Distribuicao in a report on Wednesday, November 1st. They set a “hold” rating for the company.

About Companhia Brasileira De Distribuicao

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. 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.