Banco Santander, S.A. (NYSE:SAN) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,271,387 shares of the bank’s stock after selling 127,841 shares during the period. Natixis Advisors LLC’s holdings in Banco Santander were worth $5,798,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Atria Investments Inc grew its holdings in Banco Santander by 7.1% during the 4th quarter. Atria Investments Inc now owns 28,990 shares of the bank’s stock worth $132,000 after acquiring an additional 1,917 shares in the last quarter. Principal Securities Inc. grew its holdings in Banco Santander by 13.4% during the 4th quarter. Principal Securities Inc. now owns 17,230 shares of the bank’s stock worth $79,000 after acquiring an additional 2,032 shares in the last quarter. Riversedge Advisors LLC grew its holdings in Banco Santander by 14.3% during the 4th quarter. Riversedge Advisors LLC now owns 17,220 shares of the bank’s stock worth $79,000 after acquiring an additional 2,148 shares in the last quarter. Kathmere Capital Management LLC grew its holdings in Banco Santander by 4.9% during the 4th quarter. Kathmere Capital Management LLC now owns 50,013 shares of the bank’s stock worth $228,000 after acquiring an additional 2,320 shares in the last quarter. Finally, OLD National Bancorp IN grew its holdings in Banco Santander by 7.6% during the 4th quarter. OLD National Bancorp IN now owns 33,952 shares of the bank’s stock worth $155,000 after acquiring an additional 2,392 shares in the last quarter. 9.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Banco Santander Trading Up 0.4 %

Shares of NYSE:SAN opened at $6.92 on Friday. The company has a market cap of $104.78 billion, a PE ratio of 8.33, a P/E/G ratio of 0.77 and a beta of 1.09. The company’s 50-day moving average price is $5.86 and its 200 day moving average price 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 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) last issued its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 earnings per share 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%. Sell-side analysts anticipate that Banco Santander, S.A. will post 0.83 earnings per share for the current year.

Banco Santander Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th will be given a $0.1152 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This is an increase from Banco Santander’s previous semi-annual dividend of $0.08. This represents a yield of 2.4%. Banco Santander’s dividend payout ratio (DPR) is currently 19.28%.

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.