Popular Inc (BPOP)

• Market cap: $6.54B
• 1 day: 1.19%
• 5 days: -4.12%
• 1 month: -5.13%
• 3 months: -8.83%
• 6 months: 7.75%
• Year to date: 11.67%
• 1 year: 14.78%
• 5 years: 55.22%
• 10 years: 174.51%
• 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)

235% more first-time investments, than exits

New positions opened: 67 | 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: 303 [Q2] → 350 (+47) [Q3]

11% more capital invested

Capital invested by funds: $5.67B [Q2] → $6.27B (+$597M) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 116

2.24% less ownership

Funds ownership: 88.72% [Q2] → 86.48% (-2.24%) [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 5% upside
• Avg. target: $106 16% upside
• High target: $116 27% upside

6 analyst ratings

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

Barclays Jared Shaw 64% 1-year accuracy 47 / 73 met price target	25% upside $115	Overweight Maintained	20 Dec 2024
UBS Nicholas Holowko 13% 1-year accuracy 1 / 8 met price target	13% upside $104	Neutral Assumed	17 Dec 2024
Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target	27% upside $116	Outperform Maintained	4 Dec 2024
Wells Fargo Timur Braziler 55% 1-year accuracy 12 / 22 met price target	15% upside $105	Equal-Weight Maintained	3 Dec 2024
RBC Capital Gerard Cassidy 92% 1-year accuracy 34 / 37 met price target	5% upside $96	Outperform Maintained	24 Oct 2024