Banco Santander, S.A. (NYSE:SAN) Shares Bought by OLD Mission Capital LLC

OLD Mission Capital LLC grew its holdings in Banco Santander, S.A. (NYSE:SAN) by 41.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 606,345 shares of the bank’s stock after acquiring an additional 176,853 shares during the period. OLD Mission Capital LLC’s holdings in Banco Santander were worth $2,765,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Lockheed Martin Investment Management Co. increased its holdings in Banco Santander by 197.0% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 557,390 shares of the bank’s stock worth $2,542,000 after purchasing an additional 369,700 shares during the period. BNP Paribas Financial Markets grew its position in shares of Banco Santander by 111.8% during the third quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank’s stock worth $3,602,000 after buying an additional 372,690 shares in the last quarter. FMR LLC increased its stake in shares of Banco Santander by 33.9% during the third quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock worth $106,558,000 after buying an additional 5,290,236 shares during the period. HighTower Advisors LLC lifted its stake in Banco Santander by 143.0% in the third quarter. HighTower Advisors LLC now owns 345,524 shares of the bank’s stock worth $1,757,000 after acquiring an additional 203,322 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Banco Santander by 62.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 105,415 shares of the bank’s stock worth $479,000 after acquiring an additional 40,438 shares in the last quarter. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SAN has been the subject of several recent analyst reports. The Goldman Sachs Group cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods upgraded Banco Santander from a “hold” rating to a “moderate buy” rating in a report on Monday, February 24th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Banco Santander Trading Up 1.1 %

Shares of Banco Santander stock opened at $6.78 on Wednesday. The company has a current ratio of 2.24, a quick ratio of 0.23 and a debt-to-equity ratio of 13.83. The company has a fifty day simple moving average of $6.15 and a 200-day simple moving average of $5.29. The stock has a market cap of $102.66 billion, a price-to-earnings ratio of 8.16, a PEG ratio of 0.77 and a beta of 1.09. Banco Santander, S.A. has a 12-month low of $4.27 and a 12-month high of $7.16.

Banco Santander (NYSE:SAN) last issued its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. On average, equities analysts forecast that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The company also recently disclosed 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 of this dividend is Wednesday, April 30th. This represents a yield of 2.4%. This is a boost from Banco Santander’s previous semi-annual dividend of $0.08. Banco Santander’s payout ratio 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.