Popular IncBPOP
About: Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, a bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. The Corporation's reportable segments consist of Banco Popular de Puerto Rico and Popular U.S.
Employees: 9,237
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
240% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 20
63% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.09M
16% more funds holding
Funds holding: 302 [Q2] → 350 (+48) [Q3]
11% more capital invested
Capital invested by funds: $5.67B [Q2] → $6.27B (+$597M) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 116
2.21% less ownership
Funds ownership: 88.71% [Q2] → 86.51% (-2.21%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
RBC Capital Gerard Cassidy 97% 1-year accuracy 35 / 36 met price target | 1%upside $96 | Outperform Maintained | 24 Oct 2024 |
Wells Fargo Timur Braziler 90% 1-year accuracy 9 / 10 met price target | 3%upside $98 | Equal-Weight Maintained | 24 Oct 2024 |
Piper Sandler Frank Schiraldi 78% 1-year accuracy 21 / 27 met price target | 5%upside $100 | Overweight Maintained | 24 Oct 2024 |
Barclays Jared Shaw 63% 1-year accuracy 24 / 38 met price target | 9%upside $104 | Overweight Maintained | 24 Oct 2024 |
Wells Fargo Timur Braziler 90% 1-year accuracy 9 / 10 met price target | 10%upside $105 | Equal-Weight Downgraded | 1 Oct 2024 |
Financial journalist opinion
Based on 8 articles about BPOP published over the past 30 days