Longboard Asset Management LP Invests $202,000 in Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

Longboard Asset Management LP bought a new position in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,665 shares of the bank’s stock, valued at approximately $202,000.

Separately, Beddow Capital Management Inc. raised its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. by 1.9% during the 3rd quarter. Beddow Capital Management Inc. now owns 391,161 shares of the bank’s stock worth $12,709,000 after buying an additional 7,423 shares during the period. Institutional investors own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Trading Up 0.7 %

Shares of BLX stock opened at $37.61 on Wednesday. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.77 and a quick ratio of 1.77. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 6.88 and a beta of 1.16. The stock has a 50 day simple moving average of $36.26 and a 200-day simple moving average of $33.50. Banco Latinoamericano de Comercio Exterior, S. A. has a 1-year low of $22.93 and a 1-year high of $39.40.

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.