Banco Santander (Brasil) S.A. (BSBR): Insights At A Glance


    SSgA Funds Management, Inc. has recently announced that it has increased stake in Banco Santander (Brasil) S.A. (NYSE:BSBR) by 2.58%. After grabbing 2.13 million shares, the institutional investor is now in possession of 53694.0 shares of the Financial Company. The new investment brought the stake of investor firm to 0.06% having worth around $12.2 million. Moreover, Crossmark Global Investments, Inc.. increased its share by 1.4 million to have a control over 1.4 million shares. And Parametric Portfolio Associates L.. raised its holdings to 0.15 million shares by acquiring 1.02 million shares or 0.03% of the stake.

    Banco Santander (Brasil) S.A. (BSBR) concluded trading on 08/26/20 at a closing price of $5.06, with 1.06 million shares of worth about $5.34 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -3.25% during that period and on Wednesday the price saw a loss of about -3.98%. Currently the company’s common shares owned by public are about 3.73B shares, out of which, 3.73B shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 13 analysts are covering the BSBR stock and their offered price forecasts bring an average price target of $7.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $9.32 and could fall to a lowest price of $5.53. Analysts also issued an outlook of 2.80 for the Banco Santander (Brasil) S.A. stock for next 12 months. The stock’s current price level is 28.02% above of average price target set by the analysts, while a rise to estimated low would result in gain of 8.5 for the stock. However, touching the estimated high of $9.32 would mean a gain of 45.71% for the stock.

    Vanguard Emerging Markets Stock I, Delaware Emerging Markets Fund, and Steward Global Equity Income Fund are the top 3 mutual funds which are holding stakes in Banco Santander (Brasil) S.A. Vanguard Emerging Markets Stock I is currently holding 3.66 million shares of worth totaling $20.93 million. The company recently came buying 0.0 shares which brought its stake up to 0.10% of the company’s outstanding shares. Steward Global Equity Income Fund, after selling 0.77 million shares, have now control over 0.02% of the stake in the company. It holds 8930.0 shares of worth $4.38 million.

    Banco Santander (Brasil) S.A. (NYSE: BSBR) started trading at $5.22, below -$0.05 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $5.06, or with a loss of -3.98%. Stock saw a price change of -3.25% in past 5 days and over the past one month there was a price change of -12.12%. Year-to-date (YTD), BSBR shares are showing a performance of -57.30% which decreased to -46.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.66 but also hit the highest price of $12.39 during that period. While comparing its average daily trading volume of 1.32 million shares, we see that about 1.06 million changed hands on the day. The stock is currently trading -6.86% below its 20-day simple moving average (SMA20), while that difference is down -7.74% for SMA50 and it goes to -30.21% lower than SMA200.

    SSgA Funds Management, Inc. acquired 2.13 million shares of Banco Santander (Brasil) S.A. having value of about $12.2 million. Data submitted at the U.S SEC by SSgA Funds Management, Inc. revealed that the firm now holds 53694.0 shares in the company valued at close to $271691.64, or have control over 2.58% stake in the company. Banco Santander (Brasil) S.A. (NYSE: BSBR) currently have 3.73B outstanding shares and institutions hold larger chunk of about 0.70% of that. Holding of mutual funds in the company is about 0.29% while other institutional holders and individual stake holders have control over 0.37% and — of the stake respectively.

    The stock has a current market capitalization of $19.21B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 6.87, while it has posted earnings per share of $0.74 in the same period. Its PEG reads 0.70 while making debt-to-equity ratio of 0.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BSBR, volatility over the week remained 3.24% while standing at 3.56% over the month.

    Analysts are in expectations that Banco Santander (Brasil) S.A. (BSBR) stock would likely to be making an EPS of $0.12 in the current quarter, while forecast for next quarter ESPS is $0.13 and it is $0.65 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.1 which is $0.16 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.24 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 30.60% while it is estimated to increase by 13.51% in next year. EPS is likely to shrink at an annualized rate of 9.80% for next 5-years, compared to annual growth of 24.20% made by the stock over the past 5-years.

    Analysts at 13 brokerage firms have issued recommendations for the Banco Santander (Brasil) S.A. (BSBR)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.80. Out of those 13 Wall Street analysts, 6 recommended a “Buy” rating, while 5 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.

    Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on June 15, 2020 offering a Sell rating for the stock and assigned a target price of to it. Coverage by UBS stated Banco Santander (Brasil) S.A. (BSBR) stock as a Neutral in their note to investors on November 21, 2019, suggesting a price target of for the stock. On August 27, 2019, Citigroup Upgrade their recommendations, while on August 07, 2019, Morgan Stanley Upgrade their ratings for the stock with a price target of. Stock get a Neutral rating from Goldman on June 10, 2019.


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