Eagle Global Advisors LLC decreased its stake in Cencosud S.A. (NYSE:CNCO) by 7.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 535,288 shares of the company’s stock after selling 40,470 shares during the period. Eagle Global Advisors LLC owned 0.06% of Cencosud worth $4,823,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in CNCO. Walleye Trading LLC increased its stake in shares of Cencosud by 105.4% in the second quarter. Walleye Trading LLC now owns 11,500 shares of the company’s stock valued at $103,000 after buying an additional 5,900 shares in the last quarter. 1st Global Advisors Inc. raised its stake in Cencosud by 14.9% in the third quarter. 1st Global Advisors Inc. now owns 22,072 shares of the company’s stock valued at $199,000 after buying an additional 2,857 shares during the last quarter. Royal Bank of Canada purchased a new stake in Cencosud during the second quarter valued at about $321,000. US Bancorp DE raised its stake in Cencosud by 12.2% in the third quarter. US Bancorp DE now owns 40,777 shares of the company’s stock valued at $368,000 after buying an additional 4,446 shares during the last quarter. Finally, Hexavest Inc. raised its stake in Cencosud by 176.0% in the third quarter. Hexavest Inc. now owns 43,493 shares of the company’s stock valued at $392,000 after buying an additional 27,736 shares during the last quarter. 0.52% of the stock is currently owned by institutional investors.
Shares of Cencosud S.A. (NYSE:CNCO) opened at 9.14 on Friday. Cencosud S.A. has a 1-year low of $6.21 and a 1-year high of $10.13. The stock has a market capitalization of $8.66 billion, a price-to-earnings ratio of 13.54 and a beta of 0.79. The stock’s 50 day moving average is $8.63 and its 200 day moving average is $8.87.
Separately, Citigroup Inc. raised shares of Cencosud from a “neutral” rating to a “buy” rating in a research note on Monday, January 23rd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold”.
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