Banco Santander (Brasil) S.A. (NYSE:BSBR - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.54 and traded as high as $5.31. Banco Santander (Brasil) shares last traded at $5.30, with a volume of 458,114 shares trading hands.
Wall Street Analyst Weigh In
Several research firms have issued reports on BSBR. Wall Street Zen upgraded shares of Banco Santander (Brasil) from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. The Goldman Sachs Group raised shares of Banco Santander (Brasil) from a "sell" rating to a "neutral" rating and increased their target price for the company from $4.20 to $4.70 in a report on Wednesday, February 12th.
Check Out Our Latest Analysis on Banco Santander (Brasil)
Banco Santander (Brasil) Price Performance
The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.25. The firm has a market cap of $19.39 billion, a PE ratio of 6.43, a P/E/G ratio of 0.73 and a beta of 0.76. The firm's fifty day simple moving average is $4.96 and its two-hundred day simple moving average is $4.56.
Banco Santander (Brasil) Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, April 24th were paid a dividend of $0.0463 per share. This represents a yield of 3.97%. The ex-dividend date was Wednesday, April 23rd. Banco Santander (Brasil)'s payout ratio is 22.22%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of BSBR. SBI Securities Co. Ltd. purchased a new stake in Banco Santander (Brasil) in the fourth quarter worth about $37,000. Signaturefd LLC raised its position in shares of Banco Santander (Brasil) by 25.2% in the 1st quarter. Signaturefd LLC now owns 9,872 shares of the bank's stock valued at $46,000 after purchasing an additional 1,986 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Banco Santander (Brasil) in the 1st quarter worth approximately $46,000. EntryPoint Capital LLC acquired a new position in Banco Santander (Brasil) in the 4th quarter worth approximately $47,000. Finally, Vident Advisory LLC acquired a new position in Banco Santander (Brasil) in the 1st quarter worth approximately $50,000. Institutional investors own 14.53% of the company's stock.
Banco Santander (Brasil) Company Profile
(
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Banco Santander (Brasil) SA, together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services.
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