According to Bloomberg, all five analysts who are currently covering Banco Santander (Brasil) S.A. (NYSE: BSBR) have given the company a rating of “Reduce,” which represents the group’s general agreement regarding the company’s future performance.
There is a general agreement among the analysts that investors should sell the stock, but at least one of them suggests that shareholders keep hold of their existing shares.
Most brokerage firms that covered the stock during the preceding year have projected a price target of $5.00 for the company’s stock to reach within the next year.
Recently, several hedge funds and other types of institutional investors changed the amount of BSB held in their respective portfolios.
During the second quarter, Virtu Finance LLC acquired a new investment valued at approximately $145,000 in Bank Santander (Brasil).
The transaction above took place sometime during the second quarter.
During the third quarter, Freestone Capital Holdings LLC made an investment in Banco Santander worth 450 thousand dollars.
During the third quarter, Optiver Holding B.V.
Invested a total of 235,000 euros in the acquisition of additional holdings in Banco Santander.
During the third quarter, Quadrant Capital Group LLC saw a 234.7% increase in the amount of Banco Santander (Brasil) stock that it owned compared to the previous quarter. Quadrant Capital Group LLC now holds 13,713 shares of the bank’s stock, which have a value of $77,000 due to the recent purchase of an additional 9,616 shares of the bank’s stock over the past three months.
During the third quarter of the fiscal year, Greenleaf Trust increased the percentage of Banco Santander (Brasil) shares it owned by 22.9% overall.
After purchasing an additional 2,308 shares over the previous three months, Greenleaf Trust now owns 12,375 shares of the bank’s stock, which have a total value of $70,000.
This brings the total number of shares that Greenleaf Trust owns to 12,375.
Institutional investors own 14.53% of the total number of shares in the company.
Several different brokerages have released statements in recent times regarding the BSBR.
TheStreet lowered its recommendation for shares of Banco Santander (Brasil) from a “b-” rating to a “c+” rating in a research report that was published on Thursday, December 15.
The report was made available online.
The publication of a research report on the company on Thursday signaled the beginning of StockNews.com’s coverage of Banco Santander shares.
They recommended that shareholders “hold” their shares of the company.
When trading began on Thursday, the price of a share of Banco Santander (Brasil) was $5.01 per share.
There is a possibility that the cost of a share of Bank Santander will range anywhere from $4.80 to $7.97 over a single year.
There is a ratio of 0.18 debt to equity, 0.21 for the quick ratio, and 0.21 for the current ratio.
Each of these ratios is also equal to 0.21.
The company’s simple moving average price over the past 50 days is $5.53, and the company’s simple moving average price over the last 200 days is $5.55.
The company’s stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 12.53, a price-to-earnings-growth ratio of 1.10, and a beta value of 0.82.
All of these metrics point to the stock being a solid investment.
In addition, the business recently announced and distributed its dividend, which was $0.01, on March 13. On January 30, dividends of $0.0881 per share were distributed to shareholders who were recorded as owning the company.
Those shareholders were recorded as having ownership of the company. Friday, January 27, was the day that shareholders were responsible for making their tax payments on this dividend. Since Banco Santander (Brasil) had paid out a dividend of $0.04 in the past, we can say that this represents an increase in the company’s dividend.
Because of this, the dividend yield totals up to 7.4% of the total investment.
There is a payout ratio of 65.0% in place for Bank Santander (Brasil).
Banco Santander (Brasil) S.A.
Is a financial institution that offers banking and other services associated with the banking industry.
Its primary areas of concentration within the banking industry are commercial banking and international wholesale banking, both of which fall under the umbrella of its overall business.
The commercial bank sector primarily emphasizes providing services in lending, credit cards, mortgages, consumer financing, consumer payroll, agribusiness, and microcredit, in addition to offering corporate and private banking services.