Banco Santander (Brasil) S.A. (NYSE:BSBR) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its position in Banco Santander (Brasil) S.A. ( NYSE:BSBR – Free Report ) by 18.

9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 923,072 shares of the bank’s stock after selling 214,874 shares during the period. Wellington Management Group LLP’s holdings in Banco Santander (Brasil) were worth $3,609,000 at the end of the most recent reporting period.



Several other hedge funds also recently modified their holdings of the company. SBI Securities Co. Ltd.

acquired a new position in shares of Banco Santander (Brasil) in the fourth quarter valued at approximately $37,000. EntryPoint Capital LLC acquired a new position in Banco Santander (Brasil) in the 4th quarter valued at $47,000. Barclays PLC lifted its stake in shares of Banco Santander (Brasil) by 221.

4% during the 3rd quarter. Barclays PLC now owns 12,428 shares of the bank’s stock worth $65,000 after purchasing an additional 8,561 shares during the period. Walleye Capital LLC acquired a new stake in shares of Banco Santander (Brasil) during the third quarter worth $85,000.

Finally, R Squared Ltd purchased a new stake in shares of Banco Santander (Brasil) in the fourth quarter valued at $70,000. 14.53% of the stock is owned by institutional investors and hedge funds.

Banco Santander (Brasil) Trading Up 2.3 % BSBR stock opened at $4.58 on Friday.

The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.

25. The company has a market cap of $17.03 billion, a price-to-earnings ratio of 5.

65, a PEG ratio of 0.73 and a beta of 0.66.

The business has a fifty day simple moving average of $4.62 and a 200-day simple moving average of $4.54.

Banco Santander has a 52 week low of $3.75 and a 52 week high of $6.01.

Banco Santander (Brasil) Cuts Dividend Wall Street Analysts Forecast Growth Several equities analysts recently weighed in on BSBR shares. The Goldman Sachs Group upgraded Banco Santander (Brasil) from a “sell” rating to a “neutral” rating and increased their target price for the stock from $4.20 to $4.

70 in a research report on Wednesday, February 12th. StockNews.com downgraded shares of Banco Santander (Brasil) from a “buy” rating to a “hold” rating in a research note on Friday, February 21st.

Read Our Latest Report on BSBR 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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