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Banco Santander Brasil SA (NYSE:BSBR - Get Free Report) CEO Mario Roberto Opice Leao bought 276,851 shares of the business's stock in a transaction on Tuesday, June 16th. The stock was acquired at an average cost of $5.38 per share, for a total transaction of $1,489,458.38. Following the completion of the transaction, the chief executive officer owned 536,751 shares in the company, valued at $2,887,720.38. This represents a 106.52% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Mario Roberto Opice Leao also recently made the following trade(s):
- On Thursday, June 11th, Mario Roberto Opice Leao bought 148,400 shares of Banco Santander Brasil stock. The stock was acquired at an average cost of $5.20 per share, for a total transaction of $771,680.00.
- On Monday, June 8th, Mario Roberto Opice Leao bought 75,000 shares of Banco Santander Brasil stock. The stock was acquired at an average cost of $5.21 per share, for a total transaction of $390,750.00.
Banco Santander Brasil Price Performance
Shares of BSBR opened at $5.42 on Wednesday. The business's 50 day moving average is $5.74 and its two-hundred day moving average is $6.09. 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 company also recently declared a special dividend, which was paid on Monday, May 18th. Investors of record on Thursday, April 23rd were given 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
Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC acquired a new stake in Banco Santander Brasil in the fourth quarter worth $9,772,000. Alpine Global Management LLC acquired a new stake in Banco Santander Brasil in the fourth quarter worth $4,735,000. Aquamarine Financial Cayman Ltd increased its position in Banco Santander Brasil by 8.6% in the fourth quarter. Aquamarine Financial Cayman Ltd now owns 9,770,322 shares of the bank's stock worth $59,697,000 after buying an additional 775,000 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Banco Santander Brasil by 17.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,957,288 shares of the bank's stock worth $16,531,000 after buying an additional 430,531 shares during the period. Finally, Millennium Management LLC increased its position in Banco Santander Brasil by 2,671.0% in the third quarter. Millennium Management LLC now owns 326,451 shares of the bank's stock worth $1,825,000 after buying an additional 314,670 shares during the period. 14.53% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a "hold (c+)" rating on shares of Banco Santander Brasil in a research report on Wednesday, June 3rd. Wall Street Zen lowered Banco Santander Brasil from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Banco Santander Brasil currently has an average rating of "Reduce".
View Our Latest Report on BSBR
Banco Santander Brasil Company Profile
(
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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