Capital Fund Management S.A. Takes Position in Banco Santander Brasil SA (BSBR)

Share on StockTwits

Capital Fund Management S.A. purchased a new stake in Banco Santander Brasil SA (NYSE:BSBR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,000 shares of the bank’s stock, valued at approximately $132,000.

Several other hedge funds also recently modified their holdings of BSBR. NumerixS Investment Technologies Inc boosted its position in shares of Banco Santander Brasil by 245.8% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 20,400 shares of the bank’s stock valued at $152,000 after purchasing an additional 14,500 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Banco Santander Brasil during the 3rd quarter valued at about $272,000. Citadel Advisors LLC bought a new stake in shares of Banco Santander Brasil during the 2nd quarter valued at about $310,000. O Shaughnessy Asset Management LLC boosted its position in shares of Banco Santander Brasil by 23.2% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 50,725 shares of the bank’s stock valued at $447,000 after purchasing an additional 9,551 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Banco Santander Brasil by 16.6% during the 2nd quarter. Sei Investments Co. now owns 63,957 shares of the bank’s stock valued at $480,000 after purchasing an additional 9,102 shares in the last quarter. 1.04% of the stock is owned by institutional investors.

Several brokerages recently commented on BSBR. Zacks Investment Research upgraded Banco Santander Brasil from a “sell” rating to a “hold” rating in a research report on Friday, November 30th. Morgan Stanley upgraded Banco Santander Brasil from an “underweight” rating to an “equal weight” rating in a research report on Friday, November 9th. Finally, ValuEngine upgraded Banco Santander Brasil from a “hold” rating to a “buy” rating in a research report on Monday, October 8th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Banco Santander Brasil currently has a consensus rating of “Hold” and an average target price of $12.00.

Shares of Banco Santander Brasil stock opened at $11.17 on Friday. Banco Santander Brasil SA has a one year low of $7.20 and a one year high of $12.25. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.22 and a current ratio of 0.22. The stock has a market cap of $42.33 billion, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 1.07 and a beta of 1.00.

Banco Santander Brasil (NYSE:BSBR) last announced its quarterly earnings results on Wednesday, October 31st. The bank reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $3.90 billion for the quarter. Banco Santander Brasil had a return on equity of 12.58% and a net margin of 13.00%. Equities research analysts expect that Banco Santander Brasil SA will post 0.87 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Capital Fund Management S.A. Takes Position in Banco Santander Brasil SA (BSBR)” was posted by BBNS and is owned by of BBNS. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://baseballnewssource.com/2018/12/08/capital-fund-management-s-a-takes-position-in-banco-santander-brasil-sa-bsbr/3064196.html.

About Banco Santander Brasil

Banco Santander (Brasil) SA provides banking products and services in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers savings and investment products, annuities, loans and advances, mortgage loans, credit cards, pension plans, and social securities, as well as leasing and foreign exchange services.

Read More: Stock Symbols, CUSIP and Other Stock Identifiers

Institutional Ownership by Quarter for Banco Santander Brasil (NYSE:BSBR)

Receive News & Ratings for Banco Santander Brasil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander Brasil and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.