Media stories about Popular (NASDAQ:BPOP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Popular earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.9588347152687 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Popular (NASDAQ:BPOP) opened at 39.68 on Friday. The company has a market cap of $4.05 billion, a PE ratio of 17.92 and a beta of 1.28. The stock’s 50 day moving average is $41.48 and its 200-day moving average is $41.17. Popular has a 52-week low of $35.08 and a 52-week high of $45.96.

Popular (NASDAQ:BPOP) last announced its earnings results on Wednesday, July 26th. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.02. The firm had revenue of $491.27 million for the quarter, compared to analyst estimates of $500.66 million. Popular had a net margin of 11.57% and a return on equity of 7.11%. During the same quarter in the previous year, the firm posted $0.85 EPS. Equities research analysts predict that Popular will post $3.84 EPS for the current fiscal year.

A number of brokerages have commented on BPOP. Piper Jaffray Companies reaffirmed a “buy” rating and set a $53.00 price target on shares of Popular in a research report on Friday, July 28th. Zacks Investment Research raised shares of Popular from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research report on Monday, July 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $43.00 price target (up previously from $42.00) on shares of Popular in a research report on Friday, July 7th. BidaskClub raised shares of Popular from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $51.00 price target on shares of Popular in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $47.83.

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In other news, VP Jorge J. Garcia sold 4,000 shares of Popular stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $38.15, for a total transaction of $152,600.00. Following the sale, the vice president now owns 11,502 shares of the company’s stock, valued at approximately $438,801.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eduardo J. Negron sold 2,500 shares of Popular stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $39.98, for a total transaction of $99,950.00. The disclosure for this sale can be found here. Insiders own 1.27% of the company’s stock.

Popular Company Profile

Popular, Inc (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean.

Insider Buying and Selling by Quarter for Popular (NASDAQ:BPOP)

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