Jane Street Group LLC Buys 967,039 Shares of Banco Santander, S.A. (NYSE:SAN)

Jane Street Group LLC grew its holdings in Banco Santander, S.A. (NYSE:SAN - Free Report) by 4,041.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 990,966 shares of the bank's stock after purchasing an additional 967,039 shares during the quarter. Jane Street Group LLC's holdings in Banco Santander were worth $4,519,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in SAN. Wilmington Savings Fund Society FSB acquired a new position in shares of Banco Santander in the 3rd quarter valued at $45,000. JPMorgan Chase & Co. increased its stake in shares of Banco Santander by 55.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,301,711 shares of the bank's stock valued at $16,839,000 after acquiring an additional 1,178,449 shares during the last quarter. Wedmont Private Capital increased its stake in shares of Banco Santander by 11.4% in the 4th quarter. Wedmont Private Capital now owns 34,884 shares of the bank's stock valued at $161,000 after acquiring an additional 3,565 shares during the last quarter. PFW Advisors LLC bought a new stake in shares of Banco Santander in the 4th quarter valued at about $136,000. Finally, Traveka Wealth LLC bought a new stake in shares of Banco Santander in the 4th quarter valued at about $171,000. Institutional investors and hedge funds own 9.19% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods raised shares of Banco Santander from a "hold" rating to a "moderate buy" rating in a report on Monday, February 24th. 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. Finally, StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a report on Tuesday. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy".

Banco Santander Stock Up 0.1%

Shares of NYSE:SAN traded up $0.01 during midday trading on Friday, reaching $7.72. 11,875,992 shares of the company were exchanged, compared to its average volume of 3,617,537. Banco Santander, S.A. has a fifty-two week low of $4.27 and a fifty-two week high of $7.73. The company has a quick ratio of 0.23, a current ratio of 2.24 and a debt-to-equity ratio of 13.83. The stock has a fifty day simple moving average of $6.85 and a two-hundred day simple moving average of $5.71. The firm has a market cap of $116.90 billion, a PE ratio of 9.30, a P/E/G ratio of 0.77 and a beta of 0.97.

Banco Santander (NYSE:SAN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.22. The business had revenue of $17.69 billion during the quarter, compared to the consensus estimate of $15.94 billion. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. As a group, sell-side analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share for the current year.

Banco Santander Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th were issued a dividend of $0.1152 per share. 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. This represents a yield of 2.4%. Banco Santander's dividend payout ratio 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.