Longboard Asset Management LP Acquires New Stake in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

Longboard Asset Management LP acquired a new stake in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,665 shares of the bank’s stock, valued at approximately $202,000.

Separately, Beddow Capital Management Inc. raised its stake 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. Institutional investors own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Up 0.7 %

NYSE BLX opened at $37.61 on Wednesday. Banco Latinoamericano de Comercio Exterior, S. A. has a one year low of $22.93 and a one year high of $39.40. The company has a market cap of $1.37 billion, a P/E ratio of 6.88 and a beta of 1.16. The business has a fifty day moving average price of $36.26 and a 200 day moving average price of $33.50. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

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.