Shares of BBX Capital Corp Class A (NYSE:BBX) have earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Brokerages have set a 1 year consensus price objective of $16.50 for the company and are expecting that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also given BBX Capital Corp Class A an industry rank of 118 out of 255 based on the ratings given to related companies.

Several brokerages have recently weighed in on BBX. Sidoti began coverage on shares of BBX Capital Corp Class A in a research report on Monday, April 30th. They set a “buy” rating and a $18.00 price target on the stock. Zacks Investment Research cut shares of BBX Capital Corp Class A from a “hold” rating to a “sell” rating in a research report on Thursday, June 21st. Finally, B. Riley lowered their price target on shares of BBX Capital Corp Class A from $15.00 to $14.50 and set a “buy” rating on the stock in a research report on Thursday, June 28th.

In other BBX Capital Corp Class A news, Director Charlie C. Winningham II sold 13,673 shares of the company’s stock in a transaction dated Friday, June 1st. The shares were sold at an average price of $9.10, for a total value of $124,424.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 81.80% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of BBX. BlackRock Inc. lifted its position in BBX Capital Corp Class A by 355.4% in the second quarter. BlackRock Inc. now owns 3,911,716 shares of the financial services provider’s stock valued at $35,323,000 after buying an additional 3,052,693 shares during the last quarter. Renaissance Technologies LLC lifted its position in BBX Capital Corp Class A by 161.7% in the second quarter. Renaissance Technologies LLC now owns 1,707,600 shares of the financial services provider’s stock valued at $15,420,000 after buying an additional 1,055,000 shares during the last quarter. Millennium Management LLC lifted its position in BBX Capital Corp Class A by 334.4% in the first quarter. Millennium Management LLC now owns 911,424 shares of the financial services provider’s stock valued at $8,394,000 after buying an additional 701,619 shares during the last quarter. TCW Group Inc. lifted its position in BBX Capital Corp Class A by 135.6% in the second quarter. TCW Group Inc. now owns 709,020 shares of the financial services provider’s stock valued at $6,403,000 after buying an additional 408,135 shares during the last quarter. Finally, Athanor Capital LP acquired a new position in BBX Capital Corp Class A in the first quarter valued at about $2,809,000. 32.03% of the stock is currently owned by institutional investors.

Shares of BBX stock traded down $0.01 on Monday, hitting $7.46. 163,745 shares of the stock traded hands, compared to its average volume of 379,034. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. The stock has a market cap of $730.22 million, a price-to-earnings ratio of 10.36 and a beta of 1.76. BBX Capital Corp Class A has a twelve month low of $6.32 and a twelve month high of $10.17.

BBX Capital Corp Class A Company Profile

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.

See Also: Price to Earnings Ratio (PE)

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