Banco Santander, S.A. (NYSE:SAN) Shares Bought by Advanced Portfolio Management LLC

Advanced Portfolio Management LLC lifted its holdings in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 800,000 shares of the bank's stock after acquiring an additional 50,000 shares during the period. Banco Santander accounts for approximately 4.3% of Advanced Portfolio Management LLC's investment portfolio, making the stock its 7th biggest holding. Advanced Portfolio Management LLC's holdings in Banco Santander were worth $3,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SAN. Jane Street Group LLC increased its position in Banco Santander by 4,041.6% in the 4th quarter. Jane Street Group LLC now owns 990,966 shares of the bank's stock valued at $4,519,000 after acquiring an additional 967,039 shares during the period. WealthCollab LLC lifted its stake in shares of Banco Santander by 35.1% in the 4th quarter. WealthCollab LLC now owns 7,801 shares of the bank's stock worth $36,000 after acquiring an additional 2,028 shares during the period. Lido Advisors LLC boosted its holdings in shares of Banco Santander by 9.7% in the fourth quarter. Lido Advisors LLC now owns 36,699 shares of the bank's stock valued at $167,000 after acquiring an additional 3,234 shares in the last quarter. Northern Trust Corp increased its stake in shares of Banco Santander by 46.4% during the fourth quarter. Northern Trust Corp now owns 10,775,261 shares of the bank's stock worth $49,135,000 after acquiring an additional 3,413,685 shares during the period. Finally, Aquatic Capital Management LLC lifted its position in Banco Santander by 168.4% in the fourth quarter. Aquatic Capital Management LLC now owns 184,639 shares of the bank's stock valued at $842,000 after purchasing an additional 115,839 shares during the period. 9.19% of the stock is owned by institutional investors and hedge funds.

Banco Santander Trading Up 2.4 %

SAN stock traded up $0.17 during midday trading on Thursday, reaching $7.34. 1,857,980 shares of the company's stock traded hands, compared to its average volume of 3,510,381. The company has a debt-to-equity ratio of 13.83, a current ratio of 2.24 and a quick ratio of 0.23. Banco Santander, S.A. has a fifty-two week low of $4.27 and a fifty-two week high of $7.46. The business has a 50-day moving average price of $6.73 and a two-hundred day moving average price of $5.61. The company has a market capitalization of $111.22 billion, a P/E ratio of 8.84, a PEG ratio of 0.77 and a beta of 0.97.

Banco Santander (NYSE:SAN - Get Free Report) last announced its earnings results on Wednesday, April 30th. The bank reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. The business had revenue of $17.69 billion for the quarter, compared to the consensus estimate of $15.94 billion. Equities research analysts forecast that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th were paid a $0.1152 dividend. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, April 30th. This is a positive change from Banco Santander's previous semi-annual dividend of $0.08. Banco Santander's payout ratio is 18.39%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SAN. Keefe, Bruyette & Woods upgraded Banco Santander from a "hold" rating to a "moderate buy" rating in a report on Monday, February 24th. StockNews.com lowered Banco Santander from a "buy" rating to a "hold" rating in a research note on Monday. Finally, The Goldman Sachs Group downgraded Banco Santander from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Banco Santander has an average rating of "Moderate 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.