Invesco Ltd. Has $680,000 Holdings in Banco Santander (Brasil) S.A. (NYSE:BSBR)

Invesco Ltd. lifted its holdings in shares of Banco Santander (Brasil) S.A. (NYSE:BSBR) by 53.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,964 shares of the bank’s stock after buying an additional 60,713 shares during the quarter. Invesco Ltd.’s holdings in Banco Santander (Brasil) were worth $680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC boosted its holdings in Banco Santander (Brasil) by 221.4% during the third quarter. Barclays PLC now owns 12,428 shares of the bank’s stock worth $65,000 after buying an additional 8,561 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Banco Santander (Brasil) by 767.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,419 shares of the bank’s stock worth $160,000 after acquiring an additional 26,911 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Banco Santander (Brasil) during the 4th quarter worth approximately $37,000. American Century Companies Inc. grew its holdings in Banco Santander (Brasil) by 10.8% during the fourth quarter. American Century Companies Inc. now owns 548,931 shares of the bank’s stock valued at $2,146,000 after purchasing an additional 53,542 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in Banco Santander (Brasil) in the fourth quarter valued at approximately $47,000. 14.53% of the stock is owned by institutional investors.

Banco Santander (Brasil) Trading Up 0.4 %

BSBR opened at $5.15 on Friday. The firm’s fifty day simple moving average is $4.68 and its 200 day simple moving average is $4.51. The stock has a market capitalization of $19.17 billion, a P/E ratio of 6.36, a P/E/G ratio of 0.73 and a beta of 0.76. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.25. Banco Santander has a 12 month low of $3.75 and a 12 month high of $6.01.

Banco Santander (Brasil) Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 24th will be issued a $0.0463 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a dividend yield of 3.97%. Banco Santander (Brasil)’s dividend payout ratio (DPR) is 22.22%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BSBR. The Goldman Sachs Group raised shares of Banco Santander (Brasil) from a “sell” rating to a “neutral” rating and boosted their price target for the company from $4.20 to $4.70 in a report on Wednesday, February 12th. StockNews.com cut Banco Santander (Brasil) from a “buy” rating to a “hold” rating in a research note on Friday, February 21st.

Banco Santander (Brasil) Profile

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.