17 September, 2017
Invictus RG now owns 28,649 shares of the bank's stock worth $253,000 after purchasing an additional 25,049 shares during the last quarter.
Other hedge funds have also recently modified their holdings of the company. The value of the investment in Banco Santander - Chile ADS decreased from $2,483,000 to $2,160,000 decreasing 13.0% quarter over quarter.
Traders are a little more bullish on Banco Santander Brasil SA Ameri looking at the downtick in short interest. SG Americas Securities LLC now owns 2,501,017 shares of the company's stock worth $11,029,000 after buying an additional 1,657,419 shares during the last quarter. Finally, Algebris Investments UK LLP purchased a new position in shares of Banco Santander, during the third quarter worth approximately $1,251,000. BNP Paribas Arbitrage SA boosted its position in shares of Banco Santander Brasil SA by 887.9% during the 1st quarter. Comerica Bank now owns 222,241 shares of the bank's stock valued at $1,860,000 after buying an additional 2,882 shares during the period. Institutional investors own 1.66% of the company's stock. Bank of America Corporation upgraded shares of Banco Santander, from an underperform rating to a neutral rating in a research report on Friday, June 9th. The company's 50-day moving average price is $8.73 and its 200-day moving average price is $8.54. Banco Santander, has a 52 week low of $4.19 and a 52 week high of $6.99.
The company now has a P/E ratio of 18.49 and the market cap is 13.94B.
The business also recently disclosed a None dividend, which was paid on Friday, September 1st. The short-interest ratio decreased to 1.0 and the percentage of shorted shares was 0.00% on August 31. The ex-dividend date was Thursday the 3rd of August 2017. The dividend was $0.020 per share for the quarter which comes to $0.08 on an annualized basis. Banco Santander Brasil SA's payout ratio is now 29.55%.
WARNING: This piece was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark legislation. Mitsubishi UFJ Trust & Banking Corp now owns 90,046 shares of the bank's stock worth $678,000 after purchasing an additional 22,100 shares during the last quarter. Zacks Investment Research cut Banco Santander, from a "buy" rating to a "sell" rating in a research note on Thursday, October 27th. Banco Santander upgraded Banco Santander, from a "neutral" rating to a "buy" rating in a research note on Wednesday, February 1st. BidaskClub upgraded Banco Santander Brasil SA from a "hold" rating to a "buy" rating in a research note on Saturday, August 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company's stock. The stock presently has an average rating of "Hold" and an average price target of $16.50.
Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank's segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Bank provides a range of commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a range of retail banking services, including mortgage financing.