Popular Inc (BPOP)

• Market cap: $7.1B
• 1 day: 0.94%
• 5 days: 8.55%
• 1 month: 6.14%
• 3 months: -2.85%
• 6 months: -0.70%
• Year to date: 7.43%
• 1 year: 25.52%
• 5 years: 62.31%
• 10 years: 224.45%
• Sector: Financials
• Industry: State Commercial Banks

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)

253% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 19

65% more call options, than puts

Call options by funds: $1.84M | Put options by funds: $1.11M

16% more funds holding

Funds holding: 303 [Q2] → 350 (+47) [Q3]

11% more capital invested

Capital invested by funds: $5.71B [Q2] → $6.31B (+$601M) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 116

2.25% less ownership

Funds ownership: 89.3% [Q2] → 87.05% (-2.25%) [Q3]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $96 4% downside
• Avg. target: $106 6% upside
• High target: $116 16% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target	15% upside $115	Overweight Maintained	20 Dec 2024
UBS Nicholas Holowko 50% 1-year accuracy 4 / 8 met price target	4% upside $104	Neutral Assumed	17 Dec 2024
Keefe, Bruyette & Woods Kelly Motta 58% 1-year accuracy 11 / 19 met price target	16% upside $116	Outperform Maintained	4 Dec 2024
Wells Fargo Timur Braziler 61% 1-year accuracy 17 / 28 met price target	5% upside $105	Equal-Weight Maintained	3 Dec 2024
RBC Capital Gerard Cassidy 97% 1-year accuracy 30 / 31 met price target	4% downside $96	Outperform Maintained	24 Oct 2024