Banco Santander (Brasil) S.A. (NYSE:BSBR – Get Rating) has been given an average recommendation of "Hold" by the five analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $6.00.
BSBR has been the subject of several recent research reports. TheStreet cut shares of Banco Santander (Brasil) from a "b-" rating to a "c+" rating in a research report on Tuesday, July 12th. Barclays reduced their price objective on shares of Banco Santander (Brasil) from $7.00 to $6.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 27th.
Get Banco Santander (Brasil) alerts:Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of BSBR. Atlas Capital Advisors LLC bought a new position in shares of Banco Santander (Brasil) in the second quarter valued at $26,000. Samalin Investment Counsel LLC lifted its stake in shares of Banco Santander (Brasil) by 2,346.6% in the fourth quarter. Samalin Investment Counsel LLC now owns 8,563 shares of the bank's stock valued at $46,000 after buying an additional 8,213 shares in the last quarter. Freestone Capital Holdings LLC bought a new position in shares of Banco Santander (Brasil) in the first quarter valued at $89,000. Eqis Capital Management Inc. bought a new position in shares of Banco Santander (Brasil) in the first quarter valued at $93,000. Finally, US Bancorp DE lifted its stake in shares of Banco Santander (Brasil) by 63.2% in the second quarter. US Bancorp DE now owns 24,436 shares of the bank's stock valued at $134,000 after buying an additional 9,460 shares in the last quarter. 14.52% of the stock is owned by institutional investors.
Banco Santander (Brasil) Trading Down 1.3 %
Shares of NYSE BSBR opened at $6.01 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.94 and a current ratio of 0.12. Banco Santander has a 52-week low of $4.86 and a 52-week high of $7.97. The firm has a 50 day moving average price of $5.63 and a two-hundred day moving average price of $6.27. The stock has a market cap of $22.44 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 1.37 and a beta of 0.97.Banco Santander (Brasil) Increases Dividend
The business also recently announced a — dividend, which was paid on Tuesday, September 13th. Investors of record on Tuesday, August 16th were paid a dividend of $0.0365 per share. The ex-dividend date of this dividend was Monday, August 15th. This is a positive change from Banco Santander (Brasil)'s previous — dividend of $0.03. This represents a yield of 6.9%. Banco Santander (Brasil)'s dividend payout ratio is currently 72.50%.
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 in two segments, Commercial Banking and Global Wholesale Banking. It offers deposits and other bank funding instruments; debit and credit cards; digital prepaid solutions; payment platform; loyalty programs; employee benefit vouchers; payroll loans; digital lending and online debt renegotiation services; mortgages; home equity financing products; consumer credit; and local loans, commercial and trade finance, guarantees, structured loans, and cash management and funding solutions, as well as on-lending transfer services.
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