Mario Roberto Opice Leao Acquires 148,400 Shares of Banco Santander Brasil (NYSE:BSBR) Stock

Banco Santander Brasil SA (NYSE:BSBR) CEO Mario Roberto Opice Leao bought 148,400 shares of the stock in a transaction dated Thursday, June 11th. The shares were bought at an average cost of $5.20 per share, with a total value of $771,680.00. Following the completion of the purchase, the chief executive officer directly owned 259,900 shares of the company’s stock, valued at approximately $1,351,480. This trade represents a 133.09% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Mario Roberto Opice Leao also recently made the following trade(s):

• On Monday, June 8th, Mario Roberto Opice Leao bought 75,000 shares of Banco Santander Brasil stock. The shares were bought at an average cost of $5.21 per share, with a total value of $390,750.00.

Banco Santander Brasil Stock Up 1.0%

Shares of BSBR opened at $5.43 on Friday. Banco Santander Brasil SA has a 12-month low of $4.62 and a 12-month high of $7.32. The company has a debt-to-equity ratio of 3.25, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a fifty day moving average price of $5.76 and a 200-day moving average price of $6.10.

Banco Santander Brasil Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Banco Santander Brasil in a research note on Wednesday, June 3rd. Wall Street Zen lowered shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Institutional Trading of Banco Santander Brasil

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in shares of Banco Santander Brasil by 251.5% during the first quarter. EverSource Wealth Advisors LLC now owns 5,804 shares of the bank’s stock valued at $34,000 after buying an additional 4,153 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Banco Santander Brasil by 41.6% during the first quarter. Royal Bank of Canada now owns 7,136 shares of the bank’s stock valued at $43,000 after buying an additional 2,098 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Banco Santander Brasil by 9.4% during the first quarter. Public Employees Retirement System of Ohio now owns 81,609 shares of the bank’s stock valued at $484,000 after buying an additional 6,982 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Banco Santander Brasil by 43.5% during the first quarter. Dimensional Fund Advisors LP now owns 221,909 shares of the bank’s stock valued at $1,316,000 after buying an additional 67,224 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its position in shares of Banco Santander Brasil by 58.9% during the first quarter. SPX Gestao de Recursos Ltda now owns 86,883 shares of the bank’s stock valued at $515,000 after buying an additional 32,189 shares during the last quarter. 14.53% of the stock is owned by hedge funds and other institutional investors.

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.