Banco Santander Brasil (NYSE:BSBR) CEO Buys $771,680.00 in Stock

Banco Santander Brasil SA (NYSE:BSBR) CEO Mario Roberto Opice Leao acquired 148,400 shares of the company’s stock in a transaction on 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 acquisition, the chief executive officer directly owned 259,900 shares in the company, valued at approximately $1,351,480. The trade was a 133.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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 stock was purchased at an average cost of $5.21 per share, for a total transaction of $390,750.00.

Banco Santander Brasil Price Performance

NYSE:BSBR opened at $5.43 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 3.25. Banco Santander Brasil SA has a 12 month low of $4.62 and a 12 month high of $7.32. The business’s 50-day moving average is $5.76 and its 200 day moving average is $6.10.

Banco Santander Brasil Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Banco Santander Brasil

Institutional investors have recently modified their holdings of the stock. Aquamarine Financial Cayman Ltd lifted its position in Banco Santander Brasil by 8.6% in the fourth quarter. Aquamarine Financial Cayman Ltd now owns 9,770,322 shares of the bank’s stock worth $59,697,000 after buying an additional 775,000 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in 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 acquiring an additional 6,982 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Banco Santander Brasil by 44.2% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 18,020 shares of the bank’s stock valued at $107,000 after acquiring an additional 5,527 shares during the period. SPX Gestao de Recursos Ltda raised its stake in shares of Banco Santander Brasil by 58.9% in the first quarter. SPX Gestao de Recursos Ltda now owns 86,883 shares of the bank’s stock valued at $515,000 after acquiring an additional 32,189 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Banco Santander Brasil in the 4th quarter worth about $36,000. 14.53% of the stock is owned by 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.