Legal & General Group Plc maintained its position in Companhia Brasileira de Distribuicao (NYSE:CBD) during the first quarter, according to its most recent filing with the SEC. The firm owned 12,677 shares of the company’s stock at the end of the first quarter. Legal & General Group Plc’s holdings in Companhia Brasileira de Distribuicao were worth $243,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. World Asset Management Inc boosted its position in Companhia Brasileira de Distribuicao by 0.9% in the first quarter. World Asset Management Inc now owns 10,309 shares of the company’s stock valued at $198,000 after buying an additional 88 shares during the period. Duff & Phelps Investment Management Co. boosted its position in Companhia Brasileira de Distribuicao by 2.0% in the first quarter. Duff & Phelps Investment Management Co. now owns 310,787 shares of the company’s stock valued at $5,965,000 after buying an additional 6,170 shares during the period. Profund Advisors LLC boosted its position in Companhia Brasileira de Distribuicao by 99.6% in the first quarter. Profund Advisors LLC now owns 25,929 shares of the company’s stock valued at $498,000 after buying an additional 12,941 shares during the period. Fox Run Management L.L.C. acquired a new position in Companhia Brasileira de Distribuicao during the first quarter valued at approximately $382,000. Finally, Brandes Investment Partners LP boosted its position in Companhia Brasileira de Distribuicao by 1.1% in the first quarter. Brandes Investment Partners LP now owns 1,781,128 shares of the company’s stock valued at $34,198,000 after buying an additional 20,215 shares during the period. Institutional investors own 3.18% of the company’s stock.

Shares of Companhia Brasileira de Distribuicao (CBD) traded up 0.52% during trading on Friday, reaching $23.03. The company had a trading volume of 114,608 shares. The stock has a 50 day moving average price of $21.25 and a 200 day moving average price of $20.21. The firm has a market capitalization of $6.13 billion, a PE ratio of 143.04 and a beta of 1.85. Companhia Brasileira de Distribuicao has a 12 month low of $14.08 and a 12 month high of $24.75.

TRADEMARK VIOLATION NOTICE: “Legal & General Group Plc Maintains Stake in Companhia Brasileira de Distribuicao (NYSE:CBD)” was reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/08/11/legal-general-group-plc-maintains-stake-in-companhia-brasileira-de-distribuicao-nysecbd.html.

Several research firms have recently commented on CBD. Zacks Investment Research cut Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a research note on Wednesday. BidaskClub upgraded Companhia Brasileira de Distribuicao from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $23.00.

Companhia Brasileira de Distribuicao Company Profile

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.

Want to see what other hedge funds are holding CBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Companhia Brasileira de Distribuicao (NYSE:CBD).

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

Receive News & Ratings for Companhia Brasileira de Distribuicao Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Brasileira de Distribuicao and related companies with MarketBeat.com's FREE daily email newsletter.