Banco Santander Brasil (NYSE:BSBR) CEO Mario Roberto Opice Leao Buys 75,000 Shares of Stock

Banco Santander Brasil SA (NYSE:BSBR) CEO Mario Roberto Opice Leao purchased 75,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was purchased at an average price of $5.21 per share, for a total transaction of $390,750.00. Following the purchase, the chief executive officer directly owned 111,500 shares of the company’s stock, valued at $580,915. This trade represents a 205.48% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Banco Santander Brasil Stock Performance

Shares of NYSE:BSBR opened at $5.23 on Tuesday. The firm’s 50 day moving average is $5.80 and its two-hundred day moving average is $6.13. Banco Santander Brasil SA has a 52 week low of $4.62 and a 52 week high of $7.32. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.29 and a current ratio of 1.29.

Banco Santander Brasil Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BSBR shares. 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Banco Santander Brasil in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Institutional Trading of Banco Santander Brasil

A number of large investors have recently added to or reduced their stakes in the business. Checchi Capital Advisers LLC boosted its holdings in Banco Santander Brasil by 10.0% during the fourth quarter. Checchi Capital Advisers LLC now owns 17,463 shares of the bank’s stock worth $107,000 after buying an additional 1,585 shares in the last quarter. Mariner LLC boosted its holdings in Banco Santander Brasil by 1.8% during the fourth quarter. Mariner LLC now owns 97,928 shares of the bank’s stock worth $598,000 after buying an additional 1,732 shares in the last quarter. Royal Bank of Canada boosted its holdings in Banco Santander Brasil by 41.6% during the first quarter. Royal Bank of Canada now owns 7,136 shares of the bank’s stock worth $43,000 after buying an additional 2,098 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Banco Santander Brasil by 10.7% during the fourth quarter. GAMMA Investing LLC now owns 24,316 shares of the bank’s stock worth $149,000 after buying an additional 2,350 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Banco Santander Brasil by 1.1% during the fourth quarter. Invesco Ltd. now owns 232,826 shares of the bank’s stock worth $1,423,000 after buying an additional 2,631 shares in the last quarter. 14.53% of the stock is currently owned by institutional investors.

Banco Santander Brasil Company Profile

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.