Callan Family Office LLC Takes Position in Banco Santander, S.A. (NYSE:SAN)

Callan Family Office LLC acquired a new stake in Banco Santander, S.A. (NYSE:SAN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 195,466 shares of the bank's stock, valued at approximately $891,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. R Squared Ltd purchased a new stake in Banco Santander in the fourth quarter worth about $27,000. Sierra Ocean LLC purchased a new position in shares of Banco Santander in the 4th quarter worth approximately $32,000. Advisors Preferred LLC purchased a new stake in Banco Santander during the fourth quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB acquired a new stake in Banco Santander in the third quarter valued at approximately $45,000. Finally, CogentBlue Wealth Advisors LLC acquired a new position in shares of Banco Santander during the fourth quarter worth $50,000. Institutional investors own 9.19% of the company's stock.

Banco Santander Trading Up 1.6 %

SAN stock traded up $0.11 during midday trading on Wednesday, hitting $6.50. 6,968,890 shares of the company's stock were exchanged, compared to its average volume of 3,113,363. Banco Santander, S.A. has a 1-year low of $4.27 and a 1-year high of $6.83. The business has a 50-day simple moving average of $5.51 and a two-hundred day simple moving average of $5.07. The stock has a market capitalization of $98.42 billion, a PE ratio of 7.83, a P/E/G ratio of 0.77 and a beta of 1.09. The company has a current ratio of 2.24, a quick ratio of 0.23 and a debt-to-equity ratio of 13.83.

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Banco Santander (NYSE:SAN - Get Free Report) last posted its earnings results on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, meeting analysts' consensus estimates of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, sell-side analysts predict that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th will be issued a dividend of $0.1152 per share. This represents a 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 18.07%.

Analysts Set New Price Targets

A number of analysts recently commented on SAN shares. Keefe, Bruyette & Woods upgraded shares of Banco Santander from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 24th. The Goldman Sachs Group lowered shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Morgan Stanley upgraded Banco Santander from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy".

About Banco Santander

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.