Banco Santander (Brasil) S.A. (NYSE:BSBR) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in Banco Santander (Brasil) S.A. (NYSE:BSBR) by 41.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,024 shares of the bank’s stock after buying an additional 4,387 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Banco Santander (Brasil) were worth $71,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its position in Banco Santander (Brasil) by 220.0% in the 1st quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank’s stock worth $41,000 after buying an additional 4,878 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Banco Santander (Brasil) by 63.5% during the 4th quarter. Parallel Advisors LLC now owns 6,522 shares of the bank’s stock worth $43,000 after purchasing an additional 2,533 shares in the last quarter. Banco BTG Pactual S.A. acquired a new stake in shares of Banco Santander (Brasil) during the 1st quarter valued at about $79,000. Ballentine Partners LLC grew its stake in shares of Banco Santander (Brasil) by 24.3% in the 1st quarter. Ballentine Partners LLC now owns 16,137 shares of the bank’s stock valued at $92,000 after buying an additional 3,156 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Banco Santander (Brasil) by 11.5% in the second quarter. Dimensional Fund Advisors LP now owns 30,067 shares of the bank’s stock worth $149,000 after buying an additional 3,098 shares during the last quarter. Institutional investors and hedge funds own 14.53% of the company’s stock.

Banco Santander (Brasil) Price Performance

NYSE BSBR opened at $5.25 on Wednesday. The firm has a market cap of $19.54 billion, a P/E ratio of 6.65, a price-to-earnings-growth ratio of 0.32 and a beta of 1.04. The stock’s 50-day moving average is $5.40 and its two-hundred day moving average is $5.36. Banco Santander has a fifty-two week low of $4.78 and a fifty-two week high of $6.66.

Banco Santander (Brasil) Cuts Dividend

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

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.