Goldman Sachs Group Inc. lifted its holdings in Banco Santander Brasil SA (NYSE:BSBR) by 236.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,862,453 shares of the bank’s stock after purchasing an additional 4,119,776 shares during the quarter. Goldman Sachs Group Inc. owned 0.16% of Banco Santander Brasil SA worth $44,144,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Numeric Investors LLC lifted its position in shares of Banco Santander Brasil SA by 497.3% in the second quarter. Numeric Investors LLC now owns 7,813,307 shares of the bank’s stock worth $58,834,000 after purchasing an additional 6,505,126 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Banco Santander Brasil SA by 13.8% in the second quarter. Vanguard Group Inc. now owns 6,158,527 shares of the bank’s stock worth $46,374,000 after purchasing an additional 747,173 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Banco Santander Brasil SA by 84.3% in the first quarter. AQR Capital Management LLC now owns 2,904,098 shares of the bank’s stock worth $25,614,000 after purchasing an additional 1,328,382 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Banco Santander Brasil SA by 320.4% in the second quarter. Russell Investments Group Ltd. now owns 1,834,863 shares of the bank’s stock worth $13,816,000 after purchasing an additional 1,398,358 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Banco Santander Brasil SA by 216.4% in the first quarter. Morgan Stanley now owns 1,818,873 shares of the bank’s stock worth $16,042,000 after purchasing an additional 1,244,015 shares in the last quarter. 1.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of Banco Santander Brasil SA (NYSE BSBR) opened at 9.08 on Friday. The company has a market capitalization of $34.06 billion, a price-to-earnings ratio of 13.76 and a beta of 1.56. The firm’s 50-day moving average is $8.94 and its 200 day moving average is $8.37. Banco Santander Brasil SA has a 52-week low of $6.86 and a 52-week high of $11.75.

The business also recently disclosed a special dividend, which will be paid on Thursday, November 2nd. Shareholders of record on Wednesday, October 11th will be paid a dividend of $0.0422 per share. The ex-dividend date of this dividend is Tuesday, October 10th. This is a boost from Banco Santander Brasil SA’s previous special dividend of $0.04. Banco Santander Brasil SA’s dividend payout ratio (DPR) is 29.55%.

A number of analysts have recently commented on BSBR shares. BidaskClub raised shares of Banco Santander Brasil SA from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Citigroup Inc. raised shares of Banco Santander Brasil SA from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 4th. ValuEngine raised shares of Banco Santander Brasil SA from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research lowered shares of Banco Santander Brasil SA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $13.56.

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Banco Santander Brasil SA Company Profile

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 SA (NYSE:BSBR)

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