Dimensional Fund Advisors LP raised its position in shares of Companhia Brasileira de Distribuicao (NYSE:CBD) by 1.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 298,082 shares of the company’s stock after buying an additional 3,279 shares during the quarter. Dimensional Fund Advisors LP owned 0.11% of Companhia Brasileira de Distribuicao worth $5,830,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CBD. Aperio Group LLC lifted its position in shares of Companhia Brasileira de Distribuicao by 5.1% in the second quarter. Aperio Group LLC now owns 125,631 shares of the company’s stock worth $2,456,000 after purchasing an additional 6,091 shares in the last quarter. Thomas White International Ltd. raised its position in Companhia Brasileira de Distribuicao by 10.0% during the second quarter. Thomas White International Ltd. now owns 69,716 shares of the company’s stock valued at $1,363,000 after acquiring an additional 6,353 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Companhia Brasileira de Distribuicao by 138.8% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 12,819 shares of the company’s stock valued at $241,000 after acquiring an additional 7,450 shares in the last quarter. FNY Partners Fund LP raised its position in Companhia Brasileira de Distribuicao by 8,900.0% during the second quarter. FNY Partners Fund LP now owns 9,000 shares of the company’s stock valued at $175,000 after acquiring an additional 8,900 shares in the last quarter. Finally, NGAM Advisors L.P. bought a new position in Companhia Brasileira de Distribuicao during the second quarter valued at approximately $201,000. 3.40% of the stock is owned by institutional investors.

Several brokerages recently weighed in on CBD. Zacks Investment Research lowered shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. UBS AG raised shares of Companhia Brasileira de Distribuicao from a “market perform” rating to an “outperform” rating in a research report on Tuesday. BidaskClub raised shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st. Finally, Credit Suisse Group raised shares of Companhia Brasileira de Distribuicao from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 7th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $28.00.

Companhia Brasileira de Distribuicao (CBD) opened at $22.73 on Wednesday. Companhia Brasileira de Distribuicao has a twelve month low of $14.08 and a twelve month high of $25.90. The company has a current ratio of 1.18, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $5,979.28, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 1.30 and a beta of 1.89.

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Companhia Brasileira de Distribuicao 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.

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

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