BBX Capital Corp. (BBX) Stake Held by BFC FINANCIAL CORP Total Shares: 13,604,928
BFC FINANCIAL CORP
recently stated that they own a 81.6% stake in BBX Capital Corp. (NYSE:BBX) in a Schedule 13D/A disclosure that was filed with the SEC on Thursday, October 13th. The investor owns 13,604,928 shares of the stock valued at $272,642,757. The filing is available through Edgar at this hyperlink.
Shares of BBX Capital Corp. (NYSE:BBX) traded down 0.50% during mid-day trading on Thursday, hitting $20.04. 1,296 shares of the stock traded hands. The firm’s 50 day moving average price is $20.11 and its 200 day moving average price is $16.97. The firm has a market cap of $328.54 million, a price-to-earnings ratio of 23.47 and a beta of 0.94. BBX Capital Corp. has a 12-month low of $11.80 and a 12-month high of $20.71.
BBX Capital Corp. (NYSE:BBX) last issued its earnings results on Thursday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter. BBX Capital Corp. had a net margin of 11.86% and a return on equity of 4.26%. During the same quarter last year, the firm posted $0.25 earnings per share. On average, equities research analysts predict that BBX Capital Corp. will post ($1.13) EPS for the current fiscal year.
Separately, TheStreet lowered shares of BBX Capital Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, June 28th.
BBX Capital Corp. Company Profile
BBX Capital Corporation (BBX Capital) is involved in the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects, as well as investments in operating businesses. The Company operates through three business segments: BBX, Renin and Sweet Holdings.
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