Banco Santander (Brasil) S.A. (NYSE:BSBR) Shares Acquired by Point72 Asset Management L.P.

Point72 Asset Management L.P. boosted its holdings in Banco Santander (Brasil) S.A. (NYSE:BSBR) by 52.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 124,900 shares of the bank’s stock after purchasing an additional 42,800 shares during the period. Point72 Asset Management L.P.’s holdings in Banco Santander (Brasil) were worth $617,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. BNP Paribas Financial Markets increased its position in shares of Banco Santander (Brasil) by 220.0% in the 1st quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank’s stock worth $41,000 after purchasing an additional 4,878 shares during the last quarter. Parallel Advisors LLC increased its holdings in Banco Santander (Brasil) by 63.5% in the fourth quarter. Parallel Advisors LLC now owns 6,522 shares of the bank’s stock valued at $43,000 after buying an additional 2,533 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Banco Santander (Brasil) by 41.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,024 shares of the bank’s stock valued at $71,000 after buying an additional 4,387 shares in the last quarter. Banco BTG Pactual S.A. acquired a new stake in Banco Santander (Brasil) during the first quarter valued at approximately $79,000. Finally, Ballentine Partners LLC lifted its holdings in Banco Santander (Brasil) by 24.3% during the 1st quarter. Ballentine Partners LLC now owns 16,137 shares of the bank’s stock worth $92,000 after buying an additional 3,156 shares during the last quarter. Institutional investors and hedge funds own 14.53% of the company’s stock.

Banco Santander (Brasil) Trading Up 1.0 %

Shares of NYSE BSBR opened at $5.30 on Friday. The company has a market capitalization of $19.73 billion, a price-to-earnings ratio of 6.71, a price-to-earnings-growth ratio of 0.32 and a beta of 1.04. Banco Santander has a twelve month low of $4.78 and a twelve month high of $6.66. The business has a 50 day simple moving average of $5.42 and a 200-day simple moving average of $5.35.

Banco Santander (Brasil) Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Thursday, July 25th were paid a dividend of $0.0783 per share. The ex-dividend date of this dividend was Thursday, July 25th. This represents a $0.31 annualized dividend and a yield of 5.91%. Banco Santander (Brasil)’s payout ratio is 26.58%.

Banco Santander (Brasil) Company Profile

Banco Santander (Brasil) SA, together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services.