Martingale Asset Management L P Sells 5,449 Shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

Martingale Asset Management L P decreased its position in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) by 7.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,170 shares of the bank’s stock after selling 5,449 shares during the period. Martingale Asset Management L P owned about 0.19% of Banco Latinoamericano de Comercio Exterior, S. A. worth $2,215,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Beddow Capital Management Inc. raised its position in Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% in the 3rd quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank’s stock valued at $12,709,000 after purchasing an additional 7,423 shares during the last quarter. Sagil Capital LLP raised its holdings in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 72.8% in the second quarter. Sagil Capital LLP now owns 189,118 shares of the bank’s stock valued at $5,611,000 after buying an additional 79,701 shares during the last quarter. Meeder Asset Management Inc. lifted its position in Banco Latinoamericano de Comercio Exterior, S. A. by 77.8% during the 2nd quarter. Meeder Asset Management Inc. now owns 969 shares of the bank’s stock worth $29,000 after buying an additional 424 shares in the last quarter. LSV Asset Management grew its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 18.8% during the 2nd quarter. LSV Asset Management now owns 1,143,824 shares of the bank’s stock worth $33,937,000 after acquiring an additional 181,300 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in Banco Latinoamericano de Comercio Exterior, S. A. by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 47,093 shares of the bank’s stock worth $1,397,000 after purchasing an additional 411 shares during the last quarter. 19.47% of the stock is owned by institutional investors and hedge funds.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Up 2.1 %

Shares of NYSE BLX opened at $34.07 on Friday. Banco Latinoamericano de Comercio Exterior, S. A. has a fifty-two week low of $22.93 and a fifty-two week high of $35.47. The firm has a market capitalization of $1.24 billion, a P/E ratio of 6.23 and a beta of 1.17. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.77 and a quick ratio of 1.77. The company’s 50 day simple moving average is $33.19 and its 200 day simple moving average is $31.40.

Banco Latinoamericano de Comercio Exterior, S. A. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 8th were given a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 5.87%. Banco Latinoamericano de Comercio Exterior, S. A.’s payout ratio is currently 36.56%.

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.