OLD Mission Capital LLC Grows Stock Holdings in Banco Santander, S.A. (NYSE:SAN)

OLD Mission Capital LLC lifted its stake in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) by 41.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 606,345 shares of the bank's stock after acquiring an additional 176,853 shares during the quarter. OLD Mission Capital LLC's holdings in Banco Santander were worth $2,765,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in shares of Banco Santander by 23.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,024,556 shares of the bank's stock valued at $5,225,000 after buying an additional 193,255 shares during the period. Citigroup Inc. raised its holdings in shares of Banco Santander by 4.3% in the 3rd quarter. Citigroup Inc. now owns 878,014 shares of the bank's stock valued at $4,478,000 after purchasing an additional 36,221 shares in the last quarter. FMR LLC lifted its position in shares of Banco Santander by 33.9% in the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank's stock worth $106,558,000 after purchasing an additional 5,290,236 shares during the period. BNP Paribas Financial Markets increased its holdings in Banco Santander by 111.8% during the third quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank's stock valued at $3,602,000 after buying an additional 372,690 shares during the period. Finally, Townsquare Capital LLC raised its stake in Banco Santander by 22.1% in the third quarter. Townsquare Capital LLC now owns 29,381 shares of the bank's stock worth $150,000 after buying an additional 5,311 shares in the last quarter. Hedge funds and other institutional investors own 9.19% of the company's stock.

Banco Santander Stock Down 10.6 %

Shares of Banco Santander stock traded down $0.70 during trading on Friday, reaching $5.88. The company's stock had a trading volume of 12,449,399 shares, compared to its average volume of 3,295,988. The company has a 50-day simple moving average of $6.23 and a two-hundred day simple moving average of $5.31. Banco Santander, S.A. has a 1-year low of $4.27 and a 1-year high of $7.16. The company has a market cap of $89.02 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 0.77 and a beta of 0.81. The company has a quick ratio of 0.23, a current ratio of 2.24 and a debt-to-equity ratio of 13.83.

Banco Santander (NYSE:SAN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. As a group, equities analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share for the current year.

Banco Santander Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.1152 per share. The ex-dividend date is Wednesday, April 30th. This is a positive change from Banco Santander's previous semi-annual dividend of $0.08. This represents a dividend yield of 2.4%. Banco Santander's payout ratio is 19.28%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. Keefe, Bruyette & Woods upgraded shares of Banco Santander from a "hold" rating to a "moderate buy" rating in a report on Monday, February 24th. Finally, The Goldman Sachs Group lowered shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. One research analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Banco Santander currently has a consensus 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.