Banco Santander (Brasil) (NYSE:BSBR) Share Price Crosses Above Two Hundred Day Moving Average of $5.38

Banco Santander (Brasil) S.A. (NYSE:BSBR) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.38 and traded as high as $5.63. Banco Santander (Brasil) shares last traded at $5.62, with a volume of 98,687 shares traded.

Banco Santander (Brasil) Stock Up 0.3 %

The business’s fifty day simple moving average is $5.36 and its 200 day simple moving average is $5.38.

Banco Santander (Brasil) Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Thursday, July 25th were paid a $0.0783 dividend. The ex-dividend date of this dividend was Thursday, July 25th. This represents a $0.31 dividend on an annualized basis and a yield of 5.58%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BSBR. Jump Financial LLC grew its position in shares of Banco Santander (Brasil) by 62.6% during the fourth quarter. Jump Financial LLC now owns 74,200 shares of the bank’s stock worth $486,000 after acquiring an additional 28,564 shares during the last quarter. Parallel Advisors LLC grew its position in Banco Santander (Brasil) by 63.5% in the 4th quarter. Parallel Advisors LLC now owns 6,522 shares of the bank’s stock worth $43,000 after purchasing an additional 2,533 shares during the last quarter. SPX Gestao de Recursos Ltda increased its stake in shares of Banco Santander (Brasil) by 570.9% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 715,921 shares of the bank’s stock valued at $4,689,000 after purchasing an additional 609,216 shares during the period. Vinland Capital Management Gestora de Recursos LTDA. bought a new stake in shares of Banco Santander (Brasil) during the fourth quarter valued at approximately $655,000. Finally, Wellington Management Group LLP acquired a new position in shares of Banco Santander (Brasil) during the fourth quarter worth approximately $5,064,000. 14.53% of the stock is currently owned by institutional investors.

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.