Sei Investments Company Position in Banco Bradesco S A (BBD) Has Increased by $15.52 Million as Shares Rose

Sei Investments Company increased its stake in Banco Bradesco S A (BBD) by 28.42% based on its latest 2019Q2 regulatory filing with the SEC. Sei Investments Company bought 1.72M shares as the company’s stock rose 2.01% . The institutional investor held 7.79 million shares of the major banks company at the end of 2019Q2, valued at $76.49 million, up from 6.07M at the end of the previous reported quarter. Sei Investments Company who had been investing in Banco Bradesco S A for a number of months, seems to be bullish on the $62.64B market cap company. The stock decreased 2.70% or $0.23 during the last trading session, reaching $8.1. About 11.60M shares traded. Banco Bradesco S.A. (NYSE:BBD) has risen 35.25% since September 13, 2018 and is uptrending. It has outperformed by 35.25% the S&P500.

Sei Investments Company, which manages about $30.61 billion US Long portfolio, decreased its stake in Lilly Eli & Co (NYSE:LLY) by 168,055 shares to 436,266 shares, valued at $48.31 million in 2019Q2, according to the filing. It also reduced its holding in Msci Inc (NYSE:MSCI) by 16,907 shares in the quarter, leaving it with 57,329 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

More notable recent Banco Bradesco S.A. (NYSE:BBD) news were published by: Fool.com which released: “3 Reasons Visa Inc. Is a Buy – The Motley Fool” on November 11, 2018, also Businesswire.com with their article: “NCR Announces Definitive Agreement to buy Minority Interest Banco Bradesco Holds in NCR Manaus – Business Wire” published on June 10, 2019, Seekingalpha.com published: “Banco Bradesco S.A. (BBD) Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on April 28, 2019. More interesting news about Banco Bradesco S.A. (NYSE:BBD) were released by: Fool.ca and their article: “TSX:BBD.B (BOMBARDIER INC. CL. B SV) – The Motley Fool Canada” published on August 13, 2019 as well as Seekingalpha.com‘s news article titled: “In Case We’re Wrong About Banco Bradesco – Seeking Alpha” with publication date: January 16, 2019.

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