Oscar Holzmann Sells 18,000 Shares of BBX Capital Corp (BBX) Stock

BBX Capital Corp (NYSE:BBX) Director Oscar Holzmann sold 18,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $8.58, for a total value of $154,440.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Oscar Holzmann also recently made the following trade(s):

  • On Tuesday, January 16th, Oscar Holzmann sold 18,000 shares of BBX Capital stock. The shares were sold at an average price of $9.06, for a total value of $163,080.00.
  • On Friday, December 15th, Oscar Holzmann sold 18,000 shares of BBX Capital stock. The shares were sold at an average price of $7.87, for a total value of $141,660.00.

BBX Capital Corp (BBX) opened at $8.81 on Friday. BBX Capital Corp has a 52 week low of $5.87 and a 52 week high of $9.29. The firm has a market capitalization of $903.26, a PE ratio of 21.49 and a beta of 1.89. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.25.

The company also recently announced a quarterly dividend, which was paid on Monday, January 22nd. Investors of record on Wednesday, December 20th were paid a dividend of $0.0075 per share. The ex-dividend date was Tuesday, December 19th. This represents a $0.03 annualized dividend and a yield of 0.34%. BBX Capital’s dividend payout ratio is currently 7.32%.

Hedge funds have recently made changes to their positions in the stock. UBS Asset Management Americas Inc. bought a new position in BBX Capital during the fourth quarter valued at about $118,000. Brown Advisory Securities LLC bought a new position in BBX Capital during the fourth quarter valued at about $122,000. Ellington Management Group LLC bought a new position in BBX Capital during the fourth quarter valued at about $149,000. Teacher Retirement System of Texas bought a new position in BBX Capital during the fourth quarter valued at about $180,000. Finally, Citadel Advisors LLC bought a new position in BBX Capital during the fourth quarter valued at about $220,000. 27.06% of the stock is owned by institutional investors and hedge funds.

Separately, B. Riley reaffirmed a “buy” rating and set a $11.75 target price on shares of BBX Capital in a research note on Monday, January 8th.

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About BBX Capital

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.

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