Banco Santander Brasil SA $BSBR is Aquamarine Financial Cayman Ltd's 5th Largest Position

Aquamarine Financial Cayman Ltd raised its stake in shares of Banco Santander Brasil SA (NYSE:BSBR - Free Report) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,770,322 shares of the bank's stock after purchasing an additional 775,000 shares during the period. Banco Santander Brasil accounts for 4.9% of Aquamarine Financial Cayman Ltd's portfolio, making the stock its 5th largest position. Aquamarine Financial Cayman Ltd owned about 0.26% of Banco Santander Brasil worth $59,697,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Two Sigma Investments LP increased its stake in Banco Santander Brasil by 88.7% during the third quarter. Two Sigma Investments LP now owns 223,042 shares of the bank's stock worth $1,247,000 after acquiring an additional 104,840 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Banco Santander Brasil by 9.7% in the 2nd quarter. Invesco Ltd. now owns 206,851 shares of the bank's stock worth $1,127,000 after purchasing an additional 18,307 shares during the period. UBS Group AG lifted its stake in shares of Banco Santander Brasil by 63.5% in the 3rd quarter. UBS Group AG now owns 193,127 shares of the bank's stock valued at $1,080,000 after purchasing an additional 75,027 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of Banco Santander Brasil by 821.9% during the 3rd quarter. Citadel Advisors LLC now owns 183,769 shares of the bank's stock worth $1,027,000 after purchasing an additional 163,835 shares during the period. Finally, Brooklyn Investment Group grew its holdings in shares of Banco Santander Brasil by 548.6% during the 3rd quarter. Brooklyn Investment Group now owns 51,616 shares of the bank's stock worth $289,000 after purchasing an additional 43,658 shares during the period. Hedge funds and other institutional investors own 14.53% of the company's stock.

Banco Santander Brasil Price Performance

NYSE BSBR opened at $5.97 on Friday. The company's fifty day simple moving average is $6.19 and its 200-day simple moving average is $6.14. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.62 and a quick ratio of 1.62. Banco Santander Brasil SA has a 52 week low of $4.62 and a 52 week high of $7.32.

Banco Santander Brasil Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Monday, May 18th. Investors of record on Thursday, April 23rd will be paid a $0.1064 dividend. The ex-dividend date is Thursday, April 23rd.

Analyst Ratings Changes

A number of analysts recently issued reports on BSBR shares. Wall Street Zen raised shares of Banco Santander Brasil from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 18th. Weiss Ratings downgraded shares of Banco Santander Brasil from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Banco Santander Brasil currently has an average rating of "Hold".

Insider Transactions at Banco Santander Brasil

In related news, insider Alexandre Teixeira De Araujo sold 20,156 shares of the stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $5.94, for a total value of $119,726.64. Following the completion of the transaction, the insider owned 18,071 shares of the company's stock, valued at approximately $107,341.74. This represents a 52.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Rafael Abujamra Kappaz sold 31,285 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $5.76, for a total value of $180,201.60. Following the sale, the insider owned 35,049 shares of the company's stock, valued at approximately $201,882.24. This trade represents a 47.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 207,105 shares of company stock valued at $1,215,422 in the last three months. 0.06% of the stock is currently owned by company insiders.

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.

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