Aperio Group LLC raised its position in Companhia Brasileira de Distribuicao (NYSE:CBD) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,631 shares of the company’s stock after buying an additional 6,091 shares during the period. Aperio Group LLC’s holdings in Companhia Brasileira de Distribuicao were worth $2,456,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in Companhia Brasileira de Distribuicao during the second quarter worth $2,705,000. Boston Common Asset Management LLC raised its position in Companhia Brasileira de Distribuicao by 0.4% in the first quarter. Boston Common Asset Management LLC now owns 16,050 shares of the company’s stock worth $308,000 after buying an additional 70 shares during the period. Goldman Sachs Group Inc. raised its position in Companhia Brasileira de Distribuicao by 581.3% in the first quarter. Goldman Sachs Group Inc. now owns 116,802 shares of the company’s stock worth $2,243,000 after buying an additional 99,658 shares during the period. INCA Investments LLC raised its position in Companhia Brasileira de Distribuicao by 5.8% in the first quarter. INCA Investments LLC now owns 1,614,500 shares of the company’s stock worth $30,998,000 after buying an additional 88,934 shares during the period. Finally, Macquarie Group Ltd. raised its position in Companhia Brasileira de Distribuicao by 1.4% in the first quarter. Macquarie Group Ltd. now owns 2,562,437 shares of the company’s stock worth $49,201,000 after buying an additional 34,952 shares during the period. 3.18% of the stock is owned by hedge funds and other institutional investors.

Shares of Companhia Brasileira de Distribuicao (NYSE CBD) traded down 0.34% during trading on Monday, reaching $23.68. The company had a trading volume of 56,352 shares. Companhia Brasileira de Distribuicao has a 52 week low of $14.08 and a 52 week high of $24.75. The company has a market capitalization of $6.30 billion, a PE ratio of 147.08 and a beta of 1.85. The stock’s 50-day moving average price is $20.53 and its 200-day moving average price is $19.97.

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A number of research firms have recently weighed in on CBD. BidaskClub raised Companhia Brasileira de Distribuicao from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Zacks Investment Research raised Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Tuesday, June 13th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $23.00.

About Companhia Brasileira de Distribuicao

Companhia Brasileira de Distribuicao, directly or through its subsidiaries, is engaged in the retail of food, clothing, home appliances, electronics and other items through its chain of hypermarkets, supermarkets, specialized stores and department stores principally under the trade names Pao de Acucar, Minuto Pao de Acucar, Extra Hiper, Extra Super, Minimercado Extra, Assai an the neighborhood shopping mall brand Conviva.

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Institutional Ownership by Quarter for Companhia Brasileira de Distribuicao (NYSE:CBD)

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