Two Sigma Investments LP Sells 206,900 Shares of Banco Santander (Brasil) S.A. (NYSE:BSBR)

Two Sigma Investments LP reduced its holdings in Banco Santander (Brasil) S.A. (NYSE:BSBR - Free Report) by 38.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,026 shares of the bank's stock after selling 206,900 shares during the quarter. Two Sigma Investments LP's holdings in Banco Santander (Brasil) were worth $1,290,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Invesco Ltd. raised its holdings in shares of Banco Santander (Brasil) by 53.6% in the 4th quarter. Invesco Ltd. now owns 173,964 shares of the bank's stock worth $680,000 after purchasing an additional 60,713 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Banco Santander (Brasil) by 67.3% during the fourth quarter. BNP Paribas Financial Markets now owns 71,216 shares of the bank's stock valued at $278,000 after acquiring an additional 28,658 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Banco Santander (Brasil) by 290.9% during the fourth quarter. JPMorgan Chase & Co. now owns 118,916 shares of the bank's stock valued at $465,000 after acquiring an additional 88,497 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Banco Santander (Brasil) by 99.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 52,212 shares of the bank's stock valued at $204,000 after acquiring an additional 25,985 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Banco Santander (Brasil) during the fourth quarter valued at approximately $37,000. 14.53% of the stock is currently owned by institutional investors.

Banco Santander (Brasil) Stock Down 0.3%

BSBR traded down $0.02 on Friday, reaching $5.16. 375,393 shares of the company traded hands, compared to its average volume of 483,318. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.30 and a quick ratio of 0.30. The company has a market cap of $19.19 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.73 and a beta of 0.76. Banco Santander has a 52-week low of $3.75 and a 52-week high of $5.77. The stock's 50 day moving average price is $5.01 and its 200-day moving average price is $4.58.

Banco Santander (Brasil) Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, April 24th were issued a dividend of $0.0463 per share. This represents a dividend yield of 3.97%. The ex-dividend date of this dividend was Wednesday, April 23rd. Banco Santander (Brasil)'s dividend payout ratio is currently 22.22%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Banco Santander (Brasil) from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. The Goldman Sachs Group upgraded shares of Banco Santander (Brasil) from a "sell" rating to a "neutral" rating and boosted their price target for the company from $4.20 to $4.70 in a report on Wednesday, February 12th.

Banco Santander (Brasil) Profile

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.