Mario Roberto Opice Leao Acquires 75,000 Shares of Banco Santander Brasil (NYSE:BSBR) Stock

Banco Santander Brasil SA (NYSE:BSBR) CEO Mario Roberto Opice Leao bought 75,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was purchased at an average cost of $5.21 per share, for a total transaction of $390,750.00. Following the transaction, the chief executive officer directly owned 111,500 shares of the company’s stock, valued at $580,915. The trade was a 205.48% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Banco Santander Brasil Trading Up 1.2%

Banco Santander Brasil stock opened at $5.29 on Wednesday. Banco Santander Brasil SA has a 12 month low of $4.62 and a 12 month high of $7.32. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 3.25. The stock’s 50 day moving average is $5.79 and its 200-day moving average is $6.12.

Banco Santander Brasil Announces Dividend

The business also recently declared a special dividend, which was paid on Monday, May 18th. Investors of record on Thursday, April 23rd were given a dividend of $0.1064 per share. The ex-dividend date of this dividend was Thursday, April 23rd.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Banco Santander Brasil in a research report on Wednesday, June 3rd. Wall Street Zen downgraded Banco Santander Brasil from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Banco Santander Brasil presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Banco Santander Brasil

Large investors have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in shares of Banco Santander Brasil by 288.1% in the 4th quarter. Royal Bank of Canada now owns 5,038 shares of the bank’s stock valued at $31,000 after purchasing an additional 3,740 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Banco Santander Brasil by 251.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,804 shares of the bank’s stock valued at $34,000 after purchasing an additional 4,153 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Banco Santander Brasil in the 4th quarter valued at $36,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Banco Santander Brasil in the 1st quarter valued at $46,000. Finally, Tuttle Capital Management LLC acquired a new stake in shares of Banco Santander Brasil in the 4th quarter valued at $66,000. Institutional investors and hedge funds own 14.53% of the company’s stock.

About Banco Santander Brasil

Banco Santander Brasil SA is the Brazilian unit of Spain-based Grupo Santander and one of the country’s major commercial banks. Headquartered in São Paulo, the bank serves a broad client base across Brazil through an integrated network of branches, ATMs and digital channels. Its shares are represented abroad via American Depositary Shares listed on the New York Stock Exchange under the ticker BSBR.

The bank offers a full range of financial products and services for retail, small and medium-sized enterprises, and corporate clients.