Public Employees Retirement System of Ohio Makes New Investment in Banco Santander Brasil SA $BSBR

Posted by Brian Himes on Sep 11th, 2026

Public Employees Retirement System of Ohio purchased a new position in shares of Banco Santander Brasil SA (NYSE:BSBR – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 90,610 shares of the bank’s stock, valued at approximately $476,000.

Other large investors also recently modified their holdings of the company. Alpine Global Management LLC acquired a new stake in shares of Banco Santander Brasil during the 4th quarter valued at $4,735,000. O Shaughnessy Asset Management LLC increased its holdings in Banco Santander Brasil by 65.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 43,679 shares of the bank’s stock worth $267,000 after purchasing an additional 17,278 shares in the last quarter. XTX Topco Ltd raised its position in Banco Santander Brasil by 56.7% in the fourth quarter. XTX Topco Ltd now owns 36,090 shares of the bank’s stock valued at $221,000 after purchasing an additional 13,065 shares during the last quarter. Vident Advisory LLC raised its position in Banco Santander Brasil by 185.7% in the fourth quarter. Vident Advisory LLC now owns 31,805 shares of the bank’s stock valued at $194,000 after purchasing an additional 20,672 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in Banco Santander Brasil in the fourth quarter valued at about $143,000. 14.53% of the stock is currently owned by institutional investors.

Banco Santander Brasil Price Performance

Shares of Banco Santander Brasil stock opened at $5.88 on Friday. Banco Santander Brasil SA has a one year low of $4.94 and a one year high of $7.32. The business has a 50-day simple moving average of $5.59 and a 200 day simple moving average of $5.71. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 3.34.

Banco Santander Brasil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Thursday, July 30th were issued a $0.1045 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Thursday, July 30th.

Analysts Set New Price Targets

Several research firms have recently weighed in on BSBR. UBS Group cut Banco Santander Brasil from a “buy” rating to a “neutral” rating in a report on Monday, August 24th. Wall Street Zen lowered shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings upgraded shares of Banco Santander Brasil from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Zacks Research lowered shares of Banco Santander Brasil from a “hold” rating to a “strong sell” rating in a report on Friday, July 3rd. Finally, JPMorgan Chase & Co. cut shares of Banco Santander Brasil from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $6.50 to $6.00 in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Banco Santander Brasil has an average rating of “Reduce” and an average price target of $6.00.

Read Our Latest Research Report on Banco Santander Brasil

Insider Buying and Selling

In other Banco Santander Brasil news, insider Robson De Souza Rezende sold 39,874 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $5.70, for a total transaction of $227,281.80. Following the transaction, the insider owned 31,003 shares in the company, valued at approximately $176,717.10. This represents a 56.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Roberto Leao acquired 276,851 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average cost of $5.38 per share, for a total transaction of $1,489,458.38. Following the completion of the purchase, the chief executive officer directly owned 536,751 shares of the company’s stock, valued at approximately $2,887,720.38. This represents a 106.52% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 162,638 shares of company stock worth $930,663 over the last quarter. Corporate insiders own 0.06% of the company’s stock.

Banco Santander Brasil Profile

(Free Report)

Banco Santander Brasil SA is a Brazilian financial institution and a subsidiary of Spain-based Banco Santander. Headquartered in São Paulo, the company provides banking and financial services to individual customers, small and midsize businesses, corporations and institutional clients throughout Brazil.

Its offerings include checking and savings accounts, consumer and commercial lending, credit and debit cards, mortgages, insurance, investments, asset management, payment solutions and foreign-exchange services.