Sendas Distribuidora S.A. ( NYSE:ASAI – Get Free Report ) dropped 2.
7% on Friday . The company traded as low as $4.28 and last traded at $4.
31. Approximately 56,151 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 179,676 shares. The stock had previously closed at $4.
43. Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on ASAI. Bank of America lowered shares of Sendas Distribuidora from a “buy” rating to a “neutral” rating and set a $9.
10 target price on the stock. in a research report on Friday, September 13th. Hsbc Global Res raised Sendas Distribuidora to a “strong-buy” rating in a report on Tuesday, September 24th.
Finally, JPMorgan Chase & Co. cut Sendas Distribuidora from an “overweight” rating to a “neutral” rating and set a $10.50 target price for the company.
in a research note on Monday, September 9th. View Our Latest Report on ASAI Sendas Distribuidora Stock Performance Sendas Distribuidora Cuts Dividend The business also recently declared a — dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, January 10th will be paid a $0.
0488 dividend. The ex-dividend date of this dividend is Friday, January 10th. Sendas Distribuidora’s dividend payout ratio (DPR) is currently 10.
87%. Institutional Investors Weigh In On Sendas Distribuidora A number of institutional investors have recently made changes to their positions in ASAI. Blue Trust Inc.
boosted its holdings in Sendas Distribuidora by 145.6% during the third quarter. Blue Trust Inc.
now owns 3,716 shares of the company’s stock worth $26,000 after buying an additional 2,203 shares during the last quarter. Signaturefd LLC grew its holdings in Sendas Distribuidora by 186.4% during the third quarter.
Signaturefd LLC now owns 10,091 shares of the company’s stock valued at $69,000 after purchasing an additional 6,567 shares during the period. Sequoia Financial Advisors LLC bought a new stake in Sendas Distribuidora in the third quarter valued at approximately $77,000. AQR Capital Management LLC increased its stake in Sendas Distribuidora by 44.
4% in the second quarter. AQR Capital Management LLC now owns 19,738 shares of the company’s stock valued at $184,000 after purchasing an additional 6,068 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Sendas Distribuidora in the second quarter worth $212,000.
8.76% of the stock is owned by institutional investors and hedge funds. About Sendas Distribuidora ( Get Free Report ) Sendas Distribuidora SA engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil.
The company serves restaurants, pizzerias, snack bars, schools, small businesses, religious institutions, hospitals, hotels, grocery stores, neighborhood supermarkets, and individuals. See Also Receive News & Ratings for Sendas Distribuidora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sendas Distribuidora and related companies with MarketBeat.com's FREE daily email newsletter .
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Business
Sendas Distribuidora (NYSE:ASAI) Shares Down 2.7% – Should You Sell?
Sendas Distribuidora S.A. (NYSE:ASAI – Get Free Report) dropped 2.7% on Friday . The company traded as low as $4.28 and last traded at $4.31. Approximately 56,151 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 179,676 shares. The stock had previously closed at $4.43. Analyst Upgrades and [...]