Banco Santander Brasil SA (BSBR) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. reduced its stake in shares of Banco Santander Brasil SA (NYSE:BSBR) by 23.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,500 shares of the bank’s stock after selling 49,000 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Banco Santander Brasil were worth $1,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Banco Santander Brasil by 13.8% in the second quarter. Vanguard Group Inc. now owns 6,158,527 shares of the bank’s stock valued at $46,374,000 after purchasing an additional 747,173 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of Banco Santander Brasil by 51.4% in the third quarter. Macquarie Group Ltd. now owns 5,008,500 shares of the bank’s stock valued at $43,774,000 after purchasing an additional 1,701,200 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Banco Santander Brasil by 192,151.0% in the third quarter. JPMorgan Chase & Co. now owns 2,526,178 shares of the bank’s stock valued at $21,725,000 after purchasing an additional 2,524,864 shares in the last quarter. State Street Corp grew its holdings in shares of Banco Santander Brasil by 1.2% in the second quarter. State Street Corp now owns 804,077 shares of the bank’s stock valued at $6,055,000 after purchasing an additional 9,652 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in shares of Banco Santander Brasil by 11.3% in the third quarter. Allianz Asset Management GmbH now owns 328,363 shares of the bank’s stock valued at $2,870,000 after purchasing an additional 33,233 shares in the last quarter. 1.58% of the stock is owned by hedge funds and other institutional investors.

BSBR has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Banco Santander Brasil from a “sell” rating to a “hold” rating in a report on Monday, January 8th. JPMorgan Chase & Co. upgraded Banco Santander Brasil from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $8.00 to $10.00 in a research report on Wednesday, November 1st. BidaskClub downgraded Banco Santander Brasil from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, ValuEngine downgraded Banco Santander Brasil from a “buy” rating to a “hold” rating in a research report on Tuesday, November 21st. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $15.00.

Shares of Banco Santander Brasil SA (NYSE:BSBR) opened at $11.22 on Friday. Banco Santander Brasil SA has a 52-week low of $6.86 and a 52-week high of $11.75. The stock has a market capitalization of $41,729.33, a price-to-earnings ratio of 20.24, a P/E/G ratio of 1.12 and a beta of 1.65. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90.

The firm also recently announced a special dividend, which will be paid on Monday, March 5th. Stockholders of record on Tuesday, January 9th will be given a dividend of $0.1856 per share. This is an increase from Banco Santander Brasil’s previous special dividend of $0.04. The ex-dividend date of this dividend is Monday, January 8th. Banco Santander Brasil’s dividend payout ratio (DPR) is 52.73%.

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About Banco Santander Brasil

Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.

Institutional Ownership by Quarter for Banco Santander Brasil (NYSE:BSBR)

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