Banco Santander, S.A. (NYSE:SAN) Given Consensus Rating of "Buy" by Analysts

Shares of Banco Santander, S.A. (NYSE:SAN - Get Free Report) have been assigned an average rating of "Buy" from the three brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

SAN has been the topic of several recent analyst reports. The Goldman Sachs Group cut Banco Santander from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. StockNews.com cut Banco Santander from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Finally, Keefe, Bruyette & Woods raised Banco Santander from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 24th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. HBK Sorce Advisory LLC lifted its position in shares of Banco Santander by 9.8% during the 1st quarter. HBK Sorce Advisory LLC now owns 19,206 shares of the bank's stock valued at $129,000 after buying an additional 1,711 shares in the last quarter. Atria Investments Inc lifted its position in shares of Banco Santander by 7.1% during the 4th quarter. Atria Investments Inc now owns 28,990 shares of the bank's stock valued at $132,000 after buying an additional 1,917 shares in the last quarter. WealthCollab LLC lifted its position in shares of Banco Santander by 35.1% during the 4th quarter. WealthCollab LLC now owns 7,801 shares of the bank's stock valued at $36,000 after buying an additional 2,028 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Banco Santander by 13.4% during the 4th quarter. Principal Securities Inc. now owns 17,230 shares of the bank's stock valued at $79,000 after buying an additional 2,032 shares in the last quarter. Finally, Riversedge Advisors LLC lifted its position in shares of Banco Santander by 14.3% during the 4th quarter. Riversedge Advisors LLC now owns 17,220 shares of the bank's stock valued at $79,000 after buying an additional 2,148 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Banco Santander Trading Up 1.1%

Banco Santander stock opened at $7.42 on Monday. 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 has a one year low of $4.27 and a one year high of $7.47. The stock has a market capitalization of $112.43 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.77 and a beta of 0.97. The business's fifty day moving average is $6.77 and its 200 day moving average is $5.65.

Banco Santander (NYSE:SAN - Get Free Report) last released its quarterly earnings data 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 company had revenue of $17.69 billion for the quarter, compared to analysts' expectations of $15.94 billion. On average, sell-side analysts predict that Banco Santander will post 0.83 EPS for the current year.

Banco Santander Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th were given a $0.1152 dividend. This represents a yield of 2.4%. This is a boost from Banco Santander's previous semi-annual dividend of $0.08. The ex-dividend date of this dividend was Wednesday, April 30th. Banco Santander's dividend payout ratio (DPR) is presently 20.69%.

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.

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