Signaturefd LLC Trims Stock Position in Banco Santander (Brasil) S.A. (NYSE:BSBR)

Signaturefd LLC cut its position in shares of Banco Santander (Brasil) S.A. (NYSE:BSBR) by 33.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BSBR. Dimensional Fund Advisors LP increased its position in shares of Banco Santander (Brasil) by 11.5% during 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 last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of 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 acquiring an additional 4,387 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Banco Santander (Brasil) by 220.0% during the first quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank’s stock valued at $41,000 after acquiring an additional 4,878 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Banco Santander (Brasil) by 183.6% during the third quarter. GAMMA Investing LLC now owns 9,751 shares of the bank’s stock valued at $51,000 after acquiring an additional 6,313 shares during the last quarter. Finally, Banco BTG Pactual S.A. acquired a new stake in shares of Banco Santander (Brasil) during the first quarter valued at about $79,000. 14.53% of the stock is owned by hedge funds and other institutional investors.

Banco Santander (Brasil) Price Performance

Shares of BSBR opened at $5.06 on Tuesday. Banco Santander has a 1-year low of $4.78 and a 1-year high of $6.66. The stock has a market cap of $18.83 billion, a PE ratio of 6.41, a P/E/G ratio of 0.32 and a beta of 1.04. The firm has a 50-day simple moving average of $5.38 and a two-hundred day simple moving average of $5.29.

Banco Santander (Brasil) Cuts Dividend

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

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.