Banco Santander, S.A. (NYSE:SAN) Stock Position Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in Banco Santander, S.A. (NYSE:SAN - Free Report) by 18.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,251,500 shares of the bank's stock after acquiring an additional 197,087 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Banco Santander were worth $5,707,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. R Squared Ltd bought a new position in Banco Santander during the 4th quarter valued at $27,000. Larson Financial Group LLC grew its stake in Banco Santander by 2,226.3% in the fourth quarter. Larson Financial Group LLC now owns 5,839 shares of the bank's stock worth $27,000 after purchasing an additional 5,588 shares in the last quarter. Sierra Ocean LLC bought a new stake in Banco Santander in the fourth quarter valued at about $32,000. Advisors Preferred LLC acquired a new stake in Banco Santander during the fourth quarter valued at approximately $37,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Banco Santander in the 3rd quarter worth approximately $45,000. 9.19% of the stock is owned by institutional investors and hedge funds.

Banco Santander Stock Performance

Shares of Banco Santander stock traded down $0.70 during trading on Friday, hitting $5.88. 12,449,399 shares of the stock were exchanged, compared to its average volume of 3,292,526. 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, S.A. has a 12 month low of $4.27 and a 12 month high of $7.16. The stock's fifty day moving average is $6.22 and its 200 day moving average is $5.31. The stock has a market cap of $89.02 billion, a PE ratio of 7.08, a P/E/G ratio of 0.77 and a beta of 0.81.

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Banco Santander (NYSE:SAN - Get Free Report) last announced its quarterly 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%. As a group, sell-side analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current year.

Banco Santander Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.1152 per share. This is a boost from Banco Santander's previous semi-annual dividend of $0.08. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 2.4%. Banco Santander's dividend payout ratio (DPR) is presently 19.28%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Keefe, Bruyette & Woods upgraded Banco Santander from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 24th. The Goldman Sachs Group cut shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Finally, StockNews.com raised Banco Santander from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. One analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy".

Banco Santander Profile

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.