Marshall Wace LLP Raises Position in Banco Santander (Brasil) S.A. (NYSE:BSBR)

Marshall Wace LLP boosted its stake in Banco Santander (Brasil) S.A. (NYSE:BSBR - Free Report) by 44.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,099,003 shares of the bank's stock after purchasing an additional 335,915 shares during the quarter. Marshall Wace LLP's holdings in Banco Santander (Brasil) were worth $5,429,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of BSBR. BNP Paribas Financial Markets lifted its holdings in shares of Banco Santander (Brasil) by 220.0% in the 1st quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank's stock worth $41,000 after purchasing an additional 4,878 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Banco Santander (Brasil) by 63.5% in the fourth quarter. Parallel Advisors LLC now owns 6,522 shares of the bank's stock valued at $43,000 after buying an additional 2,533 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Banco Santander (Brasil) by 41.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,024 shares of the bank's stock valued at $71,000 after buying an additional 4,387 shares in the last quarter. Banco BTG Pactual S.A. acquired a new position in shares of Banco Santander (Brasil) during the first quarter valued at about $79,000. Finally, Ballentine Partners LLC increased its position in shares of Banco Santander (Brasil) by 24.3% during the first quarter. Ballentine Partners LLC now owns 16,137 shares of the bank's stock worth $92,000 after acquiring an additional 3,156 shares in the last quarter. 14.53% of the stock is currently owned by institutional investors and hedge funds.

Banco Santander (Brasil) Stock Up 1.9 %

BSBR stock traded up $0.10 during mid-day trading on Wednesday, reaching $5.35. 288,835 shares of the company traded hands, compared to its average volume of 466,001. The firm's 50 day moving average price is $5.41 and its 200 day moving average price is $5.36. The stock has a market cap of $19.91 billion, a price-to-earnings ratio of 6.77, a P/E/G ratio of 0.32 and a beta of 1.04. Banco Santander has a fifty-two week low of $4.78 and a fifty-two week high of $6.66.

Banco Santander (Brasil) Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 19th. Stockholders of record on Thursday, July 25th were paid a $0.0783 dividend. The ex-dividend date of this dividend was Thursday, July 25th. This represents a $0.31 annualized dividend and a dividend yield of 5.85%. Banco Santander (Brasil)'s payout ratio is 26.58%.

Banco Santander (Brasil) Company 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.