Banco Santander Target of Unusually Large Options Trading (NYSE:SAN)

Banco Santander, S.A. (NYSE:SAN - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 13,194 call options on the stock. This represents an increase of approximately 1,244% compared to the typical volume of 982 call options.

Banco Santander Trading Up 0.4 %

NYSE SAN traded up $0.03 during trading on Friday, reaching $6.92. 4,600,825 shares of the stock traded hands, compared to its average volume of 3,202,844. The firm has a market cap of $104.78 billion, a price-to-earnings ratio of 8.33, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09. The stock's 50-day moving average price is $5.86 and its 200 day moving average price is $5.18. 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 has a fifty-two week low of $4.27 and a fifty-two week high of $7.16.

Banco Santander (NYSE:SAN - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share 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%. Analysts predict that Banco Santander will post 0.83 EPS for the current year.

Banco Santander Increases Dividend

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

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Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. R Squared Ltd bought a new position in Banco Santander in the fourth quarter valued at approximately $27,000. Larson Financial Group LLC lifted its position in shares of 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 shares of Banco Santander in the fourth quarter worth $32,000. WealthCollab LLC lifted its position in shares of Banco Santander by 35.1% in the fourth quarter. WealthCollab LLC now owns 7,801 shares of the bank's stock worth $36,000 after purchasing an additional 2,028 shares in the last quarter. Finally, Advisors Preferred LLC bought a new stake in shares of Banco Santander in the fourth quarter worth $37,000. Institutional investors own 9.19% of the company's stock.

Analyst Ratings Changes

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

Banco Santander Company 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.