Bfc Financial Corporation (NYSE:BBX) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Monday.

Bfc Financial Corporation (NYSE BBX) traded down 0.54% on Monday, reaching $7.33. 86,476 shares of the company’s stock traded hands. Bfc Financial Corporation has a 52-week low of $3.65 and a 52-week high of $7.77. The firm has a market capitalization of $745.28 million, a PE ratio of 13.80 and a beta of 2.19. The firm’s 50 day moving average price is $6.58 and its 200 day moving average price is $6.64.

Bfc Financial Corporation (NYSE:BBX) last released its earnings results on Tuesday, August 8th. The financial services provider reported $0.11 earnings per share for the quarter. Bfc Financial Corporation had a return on equity of 10.22% and a net margin of 6.74%. The company had revenue of $202.87 million during the quarter. On average, analysts predict that Bfc Financial Corporation will post ($1.13) EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/10/02/bfc-financial-corporation-bbx-downgraded-to-hold-at-valuengine.html.

An institutional investor recently bought a new position in Bfc Financial Corporation stock. Kennedy Capital Management Inc. purchased a new stake in Bfc Financial Corporation (NYSE:BBX) during the second quarter, according to its most recent filing with the SEC. The firm purchased 771,614 shares of the financial services provider’s stock, valued at approximately $5,077,000. Kennedy Capital Management Inc. owned 0.76% of Bfc Financial Corporation at the end of the most recent reporting period. 1.04% of the stock is owned by institutional investors.

About Bfc Financial Corporation

BBX Capital Corporation, formerly BFC Financial Corporation, is a diversified holding company. The Company has investments in Bluegreen Corporation (Bluegreen) and Renin Holdings, LLC (Renin), and in real estate and middle market operating companies. Its segments include Bluegreen, BBX Capital Real Estate and Renin.

Receive News & Stock Ratings for Bfc Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bfc Financial Corporation and related stocks with our FREE daily email newsletter.