Popular Inc. (NASDAQ:BPOP) shares saw an uptick in trading volume on Wednesday . 725,381 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 575,699 shares.The stock last traded at $30.21 and had previously closed at $30.33.

A number of research firms recently issued reports on BPOP. Compass Point reaffirmed a “buy” rating and issued a $35.00 target price (up previously from $32.00) on shares of Popular in a research report on Thursday, April 28th. BTIG Research reaffirmed a “buy” rating and issued a $41.00 target price on shares of Popular in a research report on Tuesday. Zacks Investment Research cut Popular from a “hold” rating to a “strong sell” rating in a report on Friday, July 8th. Piper Jaffray Cos. assumed coverage on Popular in a report on Friday, April 8th. They set an “overweight” rating and a $35.00 price target for the company. Finally, Barclays PLC assumed coverage on Popular in a report on Thursday, June 23rd. They set an “equal weight” rating and a $32.00 price target for the company. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $35.78.

The stock has a 50 day moving average price of $29.78 and a 200 day moving average price of $27.96. The stock has a market capitalization of $3.13 billion and a P/E ratio of 3.46.

Popular (NASDAQ:BPOP) last announced its quarterly earnings results on Monday, April 25th. The company reported $0.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by $0.01. During the same quarter in the previous year, the company earned $0.71 EPS. On average, equities analysts expect that Popular Inc. will post $3.34 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Friday, June 10th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.98%. The ex-dividend date was Wednesday, June 8th.

In other news, EVP Gilberto Monzon sold 4,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The shares were sold at an average price of $29.62, for a total transaction of $118,480.00. Following the sale, the executive vice president now owns 37,595 shares in the company, valued at approximately $1,113,563.90. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Juan Guerrero sold 3,962 shares of the firm’s stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $30.92, for a total transaction of $122,505.04. Following the sale, the executive vice president now owns 49,344 shares in the company, valued at approximately $1,525,716.48. The disclosure for this sale can be found here.

Other hedge funds recently bought and sold shares of the company. California Public Employees Retirement System boosted its stake in Popular by 7.7% in the fourth quarter. California Public Employees Retirement System now owns 377,500 shares of the company’s stock valued at $10,698,000 after buying an additional 27,100 shares during the period. Diamond Hill Capital Management Inc. boosted its stake in Popular by 2.1% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 6,873,665 shares of the company’s stock valued at $194,800,000 after buying an additional 140,308 shares during the period. Boston Partners boosted its stake in Popular by 14.9% in the fourth quarter. Boston Partners now owns 549,410 shares of the company’s stock valued at $15,570,000 after buying an additional 71,300 shares during the period. Engineers Gate Manager LP boosted its stake in Popular by 39.9% in the fourth quarter. Engineers Gate Manager LP now owns 108,127 shares of the company’s stock valued at $3,064,000 after buying an additional 30,822 shares during the period. Finally, First Trust Advisors LP boosted its stake in Popular by 584.8% in the fourth quarter. First Trust Advisors LP now owns 444,320 shares of the company’s stock valued at $12,592,000 after buying an additional 379,439 shares during the period.

Popular, Inc (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean.

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