Banco Santander (Brasil) S.A. (NYSE:BSBR) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP grew its holdings in shares of Banco Santander (Brasil) S.A. (NYSE:BSBR) by 44.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,099,003 shares of the bank’s stock after acquiring an additional 335,915 shares during the period. Marshall Wace LLP’s holdings in Banco Santander (Brasil) were worth $5,429,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wellington Management Group LLP bought a new position in Banco Santander (Brasil) in the fourth quarter worth about $5,064,000. Ballentine Partners LLC increased its stake in shares of Banco Santander (Brasil) by 24.3% in the first quarter. Ballentine Partners LLC now owns 16,137 shares of the bank’s stock valued at $92,000 after purchasing an additional 3,156 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Banco Santander (Brasil) by 220.0% in the first quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank’s stock valued at $41,000 after purchasing an additional 4,878 shares during the period. Vinland Capital Management Gestora de Recursos LTDA. acquired a new stake in shares of Banco Santander (Brasil) in the fourth quarter valued at approximately $655,000. Finally, Parallel Advisors LLC increased its stake in shares of 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 purchasing an additional 2,533 shares during the period. 14.53% of the stock is currently owned by institutional investors and hedge funds.

Banco Santander (Brasil) Price Performance

NYSE BSBR opened at $5.25 on Wednesday. Banco Santander has a 12 month low of $4.78 and a 12 month high of $6.66. The firm has a market capitalization of $19.54 billion, a PE ratio of 6.65, a P/E/G ratio of 0.32 and a beta of 1.04. The company’s 50 day simple moving average is $5.40 and its 200 day simple moving average is $5.36.

Banco Santander (Brasil) Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Thursday, July 25th were given a $0.0783 dividend. The ex-dividend date of this dividend was Thursday, July 25th. This represents a $0.31 annualized dividend and a yield of 5.96%. Banco Santander (Brasil)’s dividend payout ratio (DPR) is 26.58%.

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.