Banco Santander, S.A. (NYSE:SAN - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $6.84 and last traded at $6.84, with a volume of 725251 shares trading hands. The stock had previously closed at $6.77.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods raised Banco Santander from a "hold" rating to a "moderate buy" rating in a report on Monday, February 24th. StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. Morgan Stanley raised Banco Santander from an "equal weight" rating to an "overweight" rating in a report on Tuesday, November 26th. Finally, The Goldman Sachs Group downgraded shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Banco Santander presently has a consensus rating of "Buy".
Check Out Our Latest Report on Banco Santander
Banco Santander Trading Up 0.4 %
The stock has a market capitalization of $104.78 billion, a P/E ratio of 8.33, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09. The business has a 50 day simple moving average of $5.82 and a 200-day simple moving average of $5.16. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24.
Banco Santander (NYSE:SAN - Get Free Report) last released its earnings results on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, analysts predict that Banco Santander, S.A. will post 0.83 EPS for the current year.
Banco Santander Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th will be issued a $0.1152 dividend. This represents a dividend yield of 2.4%. This is a boost from Banco Santander's previous semi-annual dividend of $0.08. The ex-dividend date is Wednesday, April 30th. Banco Santander's dividend payout ratio (DPR) is presently 19.28%.
Hedge Funds Weigh In On Banco Santander
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atria Investments Inc grew its holdings in shares of Banco Santander by 50.5% during the third quarter. Atria Investments Inc now owns 27,073 shares of the bank's stock valued at $138,000 after buying an additional 9,085 shares in the last quarter. Natixis Advisors LLC grew its stake in Banco Santander by 5.5% during the 3rd quarter. Natixis Advisors LLC now owns 1,399,228 shares of the bank's stock valued at $7,136,000 after acquiring an additional 73,204 shares in the last quarter. Pathstone Holdings LLC increased its holdings in shares of Banco Santander by 1.7% in the 3rd quarter. Pathstone Holdings LLC now owns 770,092 shares of the bank's stock valued at $3,927,000 after purchasing an additional 12,659 shares during the period. Caprock Group LLC boosted its holdings in shares of Banco Santander by 14.3% during the third quarter. Caprock Group LLC now owns 176,023 shares of the bank's stock worth $898,000 after purchasing an additional 21,997 shares during the period. Finally, West Family Investments Inc. grew its position in Banco Santander by 35.4% during the third quarter. West Family Investments Inc. now owns 38,575 shares of the bank's stock valued at $197,000 after purchasing an additional 10,076 shares in the last quarter. 9.19% of the stock is currently owned by hedge funds and other institutional investors.
Banco Santander Company Profile
(
Get Free Report)
Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.
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