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Banco Santander Brasil SA (NYSE:BSBR - Get Free Report) CEO Mario Roberto Opice Leao acquired 75,000 shares of the firm's stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $5.21 per share, with a total value of $390,750.00. Following the purchase, the chief executive officer directly owned 111,500 shares in the company, valued at approximately $580,915. This trade represents a 205.48% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Banco Santander Brasil Stock Performance
Banco Santander Brasil stock opened at $5.23 on Tuesday. The company has a 50 day moving average price of $5.80 and a 200 day moving average price of $6.13. Banco Santander Brasil SA has a 52 week low of $4.62 and a 52 week high of $7.32. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 3.25.
Banco Santander Brasil Announces Dividend
The business also recently announced a special dividend, which was paid on Monday, May 18th. Shareholders of record on Thursday, April 23rd were paid a dividend of $0.1064 per share. The ex-dividend date of this dividend was Thursday, April 23rd.
Institutional Investors Weigh In On Banco Santander Brasil
A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its stake in shares of Banco Santander Brasil by 251.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,804 shares of the bank's stock valued at $34,000 after buying an additional 4,153 shares during the period. Royal Bank of Canada lifted its stake in shares of Banco Santander Brasil by 41.6% in the 1st quarter. Royal Bank of Canada now owns 7,136 shares of the bank's stock valued at $43,000 after purchasing an additional 2,098 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Banco Santander Brasil by 9.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 81,609 shares of the bank's stock valued at $484,000 after purchasing an additional 6,982 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Banco Santander Brasil by 43.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 221,909 shares of the bank's stock valued at $1,316,000 after purchasing an additional 67,224 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its stake in shares of Banco Santander Brasil by 58.9% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 86,883 shares of the bank's stock valued at $515,000 after purchasing an additional 32,189 shares during the last quarter. Institutional investors and hedge funds own 14.53% of the company's stock.
Analyst Upgrades and Downgrades
BSBR has been the subject of a number of research reports. Wall Street Zen lowered shares of Banco Santander Brasil from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings reissued a "hold (c+)" rating on shares of Banco Santander Brasil in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold".
View Our Latest Stock Report on BSBR
Banco Santander Brasil Company Profile
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Get Free Report)
Banco Santander Brasil SA is the Brazilian unit of Spain-based Grupo Santander and one of the country's major commercial banks. Headquartered in São Paulo, the bank serves a broad client base across Brazil through an integrated network of branches, ATMs and digital channels. Its shares are represented abroad via American Depositary Shares listed on the New York Stock Exchange under the ticker BSBR.
The bank offers a full range of financial products and services for retail, small and medium-sized enterprises, and corporate clients.
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