Banco Santander (Brasil) S.A. (NYSE:BSBR) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its position in shares of Banco Santander (Brasil) S.A. (NYSE:BSBR) by 33.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,089 shares of the bank’s stock after selling 8,203 shares during the period. Signaturefd LLC’s holdings in Banco Santander (Brasil) were worth $85,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of Banco Santander (Brasil) by 183.6% during the 3rd quarter. GAMMA Investing LLC now owns 9,751 shares of the bank’s stock worth $51,000 after buying an additional 6,313 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Banco Santander (Brasil) during the 2nd quarter worth approximately $575,000. Point72 Asset Management L.P. lifted its position in shares of Banco Santander (Brasil) by 52.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 124,900 shares of the bank’s stock worth $617,000 after buying an additional 42,800 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Banco Santander (Brasil) by 44.0% during the 2nd quarter. Marshall Wace LLP now owns 1,099,003 shares of the bank’s stock worth $5,429,000 after buying an additional 335,915 shares during the last quarter. Finally, Frank Rimerman Advisors LLC purchased a new stake in shares of Banco Santander (Brasil) during the 2nd quarter worth approximately $218,000. Institutional investors and hedge funds own 14.53% of the company’s stock.

Banco Santander (Brasil) Trading Up 1.2 %

Shares of NYSE:BSBR opened at $5.06 on Tuesday. The company has a market capitalization of $18.83 billion, a PE ratio of 6.41, a P/E/G 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 firm has a 50 day simple moving average of $5.38 and a 200-day simple moving average of $5.29.

Banco Santander (Brasil) Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Monday, October 21st will be given a dividend of $0.0714 per share. The ex-dividend date of this dividend is Monday, October 21st. This represents a $0.29 annualized dividend and a dividend yield of 5.65%. Banco Santander (Brasil)’s dividend payout ratio is presently 3.80%.

Banco Santander (Brasil) 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.