Cubist Systematic Strategies LLC bought a new position in Banco Santander (Brasil) S.A. (NYSE:BSBR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 116,483 shares of the bank's stock, valued at approximately $575,000.
A number of other institutional investors have also recently bought and sold shares of BSBR. BNP Paribas Financial Markets raised its stake in Banco Santander (Brasil) by 220.0% during the 1st quarter. BNP Paribas Financial Markets now owns 7,095 shares of the bank's stock valued at $41,000 after purchasing an additional 4,878 shares during the last quarter. Banco BTG Pactual S.A. bought a new position in shares of Banco Santander (Brasil) in the 1st quarter worth $79,000. Vanguard Personalized Indexing Management LLC grew its holdings in Banco Santander (Brasil) by 41.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,024 shares of the bank's stock valued at $71,000 after purchasing an additional 4,387 shares during the period. Ballentine Partners LLC increased its stake in Banco Santander (Brasil) by 24.3% during the 1st quarter. Ballentine Partners LLC now owns 16,137 shares of the bank's stock worth $92,000 after purchasing an additional 3,156 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Banco Santander (Brasil) by 11.5% in the second quarter. Dimensional Fund Advisors LP now owns 30,067 shares of the bank's stock valued at $149,000 after purchasing an additional 3,098 shares in the last quarter. 14.53% of the stock is currently owned by institutional investors and hedge funds.
Banco Santander (Brasil) Trading Down 0.8 %
NYSE:BSBR traded down $0.04 during mid-day trading on Friday, hitting $5.10. The stock had a trading volume of 99,238 shares, compared to its average volume of 457,180. The company's 50 day simple moving average is $5.43 and its 200 day simple moving average is $5.33. Banco Santander has a twelve month low of $4.78 and a twelve month high of $6.66.
Banco Santander (Brasil) Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, August 19th. Stockholders of record on Thursday, July 25th were issued a dividend of $0.0783 per share. This represents a $0.31 annualized dividend and a dividend yield of 6.14%. The ex-dividend date was Thursday, July 25th.
About Banco Santander (Brasil)
(
Free Report)
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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