Barclays PLC Buys 8,561 Shares of Banco Santander (Brasil) S.A. (NYSE:BSBR)

Barclays PLC increased its stake in Banco Santander (Brasil) S.A. (NYSE:BSBR) by 221.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,428 shares of the bank’s stock after acquiring an additional 8,561 shares during the period. Barclays PLC’s holdings in Banco Santander (Brasil) were worth $65,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in shares of Banco Santander (Brasil) by 11.5% in the second quarter. Dimensional Fund Advisors LP now owns 30,067 shares of the bank’s stock valued at $149,000 after acquiring an additional 3,098 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in Banco Santander (Brasil) by 41.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,024 shares of the bank’s stock valued at $71,000 after purchasing an additional 4,387 shares during the period. GAMMA Investing LLC increased its holdings in Banco Santander (Brasil) by 183.6% during the 3rd quarter. GAMMA Investing LLC now owns 9,751 shares of the bank’s stock valued at $51,000 after purchasing an additional 6,313 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in Banco Santander (Brasil) by 68.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 18,741 shares of the bank’s stock valued at $99,000 after purchasing an additional 7,608 shares during the last quarter. Finally, Walleye Capital LLC purchased a new stake in Banco Santander (Brasil) in the 3rd quarter worth approximately $85,000. 14.53% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander (Brasil) Trading Down 1.5 %

NYSE BSBR opened at $4.02 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.25. Banco Santander has a twelve month low of $3.75 and a twelve month high of $6.44. The firm has a market capitalization of $14.96 billion, a PE ratio of 5.36, a P/E/G ratio of 0.28 and a beta of 1.01. The stock’s 50 day moving average is $4.23 and its 200 day moving average is $4.90.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BSBR. Bank of America cut Banco Santander (Brasil) from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. upgraded shares of Banco Santander (Brasil) from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $7.00 to $6.00 in a report on Monday, November 25th. Finally, StockNews.com cut shares of Banco Santander (Brasil) from a “buy” rating to a “hold” rating in a research report on Tuesday, November 26th.

About Banco Santander (Brasil)

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.