Shares are trading at $8.27 which is just over the 50 day moving average of $7.78 and which is marginally lower than the 200 day moving average of $9.00. The 50 day moving average went up $0.49 or +6.33% and the 200 day average went down $-0.73 or -8.11%. (NYSE:BSBR) shares saw light trading volume with 1,939K shares changing hands by the end of trading on Thursday. Overall, volume was down 4.84% under the stocks normal daily volume.
Here are a few other firms who have also updated their positions. Creative Planning reduced its investment by selling 30,781 shares a decrease of 97.4% in the quarter. Creative Planning owns 834 shares worth $6,000. The total value of its holdings decreased 97.8%. Morgan Stanley augmented its ownership by buying 73,591 shares an increase of 65.0%. Morgan Stanley now controls 186,871 shares valued at $1,648,000. The value of the position overall is up by 63.7%.
As of quarter end Tower Research Capital LLC (trc) had bought 17,166 shares growing its holdings by 144.2%. The value of the company’s investment in Banco Santander Brasil SA Ameri increased from $106,000 to $256,000 increasing 141.5% for the reporting period. Goldman Sachs Group Inc trimmed its position by selling 355,678 shares a decrease of 47.1% as of 03/31/2017. Goldman Sachs Group Inc currently owns 399,701 shares with a value of $3,525,000. The total value of its holdings decreased 47.5%.
On October 17 the stock rating was upgraded to “Neutral” from “” with a current price target of $25.00 by Credit Suisse. On January 19, 2016 the stock rating was rated “Reduce” in a report from HSBC which is down from the previous “Hold” rating.
On November 12 the company was downgraded from “Outperform” to “Market Perform” in a statement from JP Morgan. On May 28 the company was downgraded from “Equal-weight” to “Underweight” by analysts at Barclays.
The company is so far trading up since yesterday’s close of $7.93. Banco Santander Brasil SA Ameri recently declared a dividend paid on Friday the 2nd of June 2017. The dividend was $0.015 per share for the quarter which comes to $0.06 on an annualized basis. This dividend amount represented a yeild of $0.74. The ex-dividend date was set for Thursday the 4th of May 2017.
The P/E ratio is currently 13.74 and market capitalization is 31.10B. In the latest earnings report the EPS was $0.60 and is projected to be $0.63 for the current year with 3,760,055,000 shares now outstanding. Next quarter’s EPS is estimated at $0.15 and the next full year EPS is projected to be $0.68.
Banco Santander (Brasil) S.A. (Banco Santander or the Bank), launched on August 9, 1985, is indirectly controlled by Banco Santander, S.A., and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange. Through its subsidiaries, the Bank also operates in the payment institution, leasing, buying club management and securities, insurance brokerage operations, capitalization and pension plan..