Jones Financial Companies Adds $57M in Banco Bradesco S.A. ($BBD)
Key Points
- Jones Financial Companies changed its Banco Bradesco S.A. ($BBD) stake by 60466.7% last quarter, boosting to 16,575,297 shares worth $57.02 million.
- $BBD last traded around $3.44.
Jones Financial Companies increased its position in Banco Bradesco S.A. ($BBD) by 60466.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,575,297 shares of Banco Bradesco S.A. after buying 16,547,930 shares during the quarter. Jones Financial Companies's holdings in Banco Bradesco S.A. were worth $57.02 million as of its most recent filing.
Banco Bradesco S.A. ($BBD) Stock
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Banco Bradesco S.A. Dividend
Analysts Set New Price Targets
About Banco Bradesco S.A.
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services in Brazil and internationally. The company operates in two segments, Banking and Insurance. It engages in banking operations, including investment, national, international, and private banking, as well as investment fund management, consortium administration, middle market and corporate activities, and leasing. The company also provides retail banking products, such as demand, savings, and time deposits, as well as mutual funds, foreign exchange services, and various loans and advances comprising overdrafts, credit cards, and loans with repayments in installments; and fund management and treasury services, corporate finance, and hedge and finance operations, which include working capital financing. In addition, it provides insurance products, such as life, pension, health, and non-life, as well as related insurance operations, supplemental pension plans, and capitalization bonds. Further, the company offers cards, consortia, service packages and fees, auctions, debt renegotiation, and accounts; and various services comprising related transactions and inquiries, profile and help, purchases and benefits, and permissions. It serves individuals, corporates, and businesses. The company was incorporated in 1943 and is headquartered in Osasco, Brazil.
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