Today, Fisher Asset Management LLC Reached $21,063,000 position of Companhia Brasileira de Distribuicao (CBD)

Today, Fisher Asset Management LLC Reached $21,063,000 position  of Companhia Brasileira de Distribuicao (CBD)
Fisher Asset Management LLC maintained its stake in shares of Companhia Brasileira de Distribuicao (NYSE:CBD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,285,083 shares of the company’s stock at the end of the third quarter. Fisher Asset Management LLC’s holdings in Companhia Brasileira de Distribuicao were worth $21,063,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Carmignac Gestion boosted its stake in shares of Companhia Brasileira de Distribuicao by 15.2% in the second quarter. Carmignac Gestion now owns 11,740,906 shares of the company’s stock valued at $170,830,000 after buying an additional 1,552,729 shares during the last quarter. Harding Loevner LP boosted its stake in shares of Companhia Brasileira de Distribuicao by 1.2% in the third quarter. Harding Loevner LP now owns 9,473,065 shares of the company’s stock valued at $155,264,000 after buying an additional 111,130 shares during the last quarter. Coronation Fund Managers Ltd. purchased a new stake in shares of Companhia Brasileira de Distribuicao during the second quarter valued at approximately $41,869,000. Brandes Investment Partners LP boosted its stake in shares of Companhia Brasileira de Distribuicao by 0.7% in the second quarter. Brandes Investment Partners LP now owns 2,336,789 shares of the company’s stock valued at $34,000,000 after buying an additional 16,009 shares during the last quarter. Finally, Macquarie Group Ltd. boosted its stake in shares of Companhia Brasileira de Distribuicao by 18.2% in the second quarter. Macquarie Group Ltd. now owns 2,075,498 shares of the company’s stock valued at $30,200,000 after buying an additional 318,908 shares during the last quarter. 5.37% of the stock is currently owned by hedge funds and other institutional investors.

Companhia Brasileira de Distribuicao (NYSE:CBD) traded up 1.81% on Friday, reaching $16.32. 232,790 shares of the company’s stock traded hands. The firm’s market capitalization is $4.33 billion. Companhia Brasileira de Distribuicao has a 52-week low of $8.00 and a 52-week high of $19.50. The firm’s 50 day moving average price is $17.38 and its 200 day moving average price is $15.41.

Separately, HSBC upgraded shares of Companhia Brasileira de Distribuicao from a “reduce” rating to a “hold” rating in a research report on Thursday, November 3rd.

About Companhia Brasileira de Distribuicao

Companhia Brasileira de Distribuicao, directly or through its subsidiaries, is engaged in the retail of food, clothing, home appliances, electronics and other items through its chain of hypermarkets, supermarkets, specialized stores and department stores. The Company’s operating segments include Retail segment, Cash and carry segment, Home appliances segment and E-commerce segment.

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