Virtu Financial LLC bought a new position in Companhia Brasileira de Distribuicao (NYSE:CBD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,500 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wells Fargo & Company MN increased its position in Companhia Brasileira de Distribuicao by 1,184.5% in the third quarter. Wells Fargo & Company MN now owns 4,817 shares of the company’s stock worth $114,000 after buying an additional 4,442 shares during the period. Comerica Bank acquired a new stake in Companhia Brasileira de Distribuicao in the third quarter worth $209,000. Highbridge Capital Management LLC acquired a new stake in Companhia Brasileira de Distribuicao in the third quarter worth $225,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Companhia Brasileira de Distribuicao in the third quarter worth $250,000. Finally, First Trust Advisors LP acquired a new position in shares of Companhia Brasileira de Distribuicao during the third quarter valued at $259,000. 2.86% of the stock is currently owned by hedge funds and other institutional investors.

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A number of brokerages have recently commented on CBD. Zacks Investment Research lowered Companhia Brasileira de Distribuicao from a “hold” rating to a “strong sell” rating in a report on Thursday, February 22nd. ValuEngine lowered Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Finally, Citigroup raised Companhia Brasileira de Distribuicao from a “neutral” rating to a “buy” rating in a report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $28.00.

Companhia Brasileira de Distribuicao (NYSE:CBD) opened at $19.57 on Friday. The company has a market capitalization of $5,177.96, a price-to-earnings ratio of 21.14, a PEG ratio of 0.90 and a beta of 1.77. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 0.25. Companhia Brasileira de Distribuicao has a fifty-two week low of $18.26 and a fifty-two week high of $25.90.

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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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