VSM Wealth Advisory LLC bought a new position in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 36,608 shares of the bank's stock, valued at approximately $167,000.
Other large investors have also recently bought and sold shares of the company. Atria Investments Inc boosted its holdings in shares of Banco Santander by 50.5% in the 3rd 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 during the last quarter. Natixis Advisors LLC lifted its stake in Banco Santander by 5.5% in the third 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 during the last quarter. Baron Wealth Management LLC grew its position in shares of Banco Santander by 19.1% in the 3rd quarter. Baron Wealth Management LLC now owns 35,456 shares of the bank's stock valued at $181,000 after acquiring an additional 5,683 shares during the period. Pathstone Holdings LLC raised 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. Finally, Caprock Group LLC lifted its stake in Banco Santander by 14.3% in the 3rd quarter. Caprock Group LLC now owns 176,023 shares of the bank's stock valued at $898,000 after purchasing an additional 21,997 shares during the last quarter. 9.19% of the stock is owned by institutional investors and hedge funds.
Banco Santander Stock Performance
NYSE:SAN traded up $0.03 during mid-day trading on Friday, hitting $6.92. 4,600,825 shares of the stock were exchanged, compared to its average volume of 3,205,030. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. The firm's 50-day simple moving average is $5.86 and its 200 day simple moving average is $5.18. Banco Santander, S.A. has a fifty-two week low of $4.27 and a fifty-two week high of $7.16. The stock has a market capitalization 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.
Banco Santander (NYSE:SAN - Get Free Report) last announced its earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share (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%. As a group, equities analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.
Banco Santander Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th will be given a $0.1152 dividend. This represents a dividend yield of 2.4%. This is an increase from Banco Santander's previous semi-annual dividend of $0.08. The ex-dividend date of this dividend is Wednesday, April 30th. Banco Santander's payout ratio is presently 19.28%.
Analyst Ratings Changes
SAN has been the topic of several research analyst reports. StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a research note on Thursday, February 6th. Keefe, Bruyette & Woods upgraded Banco Santander from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 24th. Morgan Stanley raised shares of Banco Santander from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, November 26th. 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 equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Banco Santander presently has an average rating of "Buy".
Read Our Latest Stock Analysis on Banco Santander
About Banco Santander
(
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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