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

Banco Santander Brasil SA (NYSE:BSBR) CEO Mario Roberto Opice Leao purchased 148,400 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were acquired at an average price of $5.20 per share, for a total transaction of $771,680.00. Following the purchase, 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 purchased at an average price of $5.21 per share, for a total transaction of $390,750.00.

Banco Santander Brasil Trading Up 1.0%

BSBR opened at $5.43 on Friday. 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 SA has a fifty-two week low of $4.62 and a fifty-two week high of $7.32. The firm’s fifty day moving average is $5.76 and its 200 day moving average is $6.10.

Banco Santander Brasil Announces Dividend

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

Institutional Trading of Banco Santander Brasil

Large investors have recently made changes to their positions in the business. Aquamarine Financial Cayman Ltd increased its holdings in shares of Banco Santander Brasil by 8.6% in the 4th 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. Dimensional Fund Advisors LP lifted its position in shares of Banco Santander Brasil by 43.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 221,909 shares of the bank’s stock worth $1,316,000 after purchasing an additional 67,224 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Banco Santander Brasil by 251.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,804 shares of the bank’s stock worth $34,000 after purchasing an additional 4,153 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Banco Santander Brasil by 9.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 81,609 shares of the bank’s stock worth $484,000 after purchasing an additional 6,982 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Banco Santander Brasil by 44.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 18,020 shares of the bank’s stock worth $107,000 after purchasing an additional 5,527 shares during the period. 14.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on BSBR. Wall Street Zen cut 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 report on Wednesday, June 3rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

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.