Banco Santander, S.A. (NYSE:SAN) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors reduced its position in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) by 52.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,030 shares of the bank's stock after selling 75,582 shares during the period. Captrust Financial Advisors' holdings in Banco Santander were worth $310,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SAN. R Squared Ltd purchased a new position in Banco Santander during the fourth quarter worth about $27,000. Larson Financial Group LLC increased its holdings in Banco Santander by 2,226.3% in the fourth quarter. Larson Financial Group LLC now owns 5,839 shares of the bank's stock valued at $27,000 after buying an additional 5,588 shares in the last quarter. Sierra Ocean LLC purchased a new position in Banco Santander in the fourth quarter valued at about $32,000. WealthCollab LLC increased its holdings in Banco Santander by 35.1% in the fourth 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. Finally, Advisors Preferred LLC purchased a new position in Banco Santander in the fourth quarter valued at about $37,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wall Street Zen raised shares of Banco Santander from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. The Goldman Sachs Group cut shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods raised shares of Banco Santander from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 24th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Banco Santander presently has a consensus rating of "Buy".

Banco Santander Trading Down 0.3%

SAN stock traded down $0.02 during midday trading on Monday, hitting $7.92. The stock had a trading volume of 3,241,503 shares, compared to its average volume of 3,704,141. The firm has a market cap of $120.01 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 0.77 and a beta of 0.97. 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 12-month low of $4.27 and a 12-month high of $8.03. The company's 50-day moving average price is $7.01 and its 200 day moving average price is $5.87.

Banco Santander (NYSE:SAN - Get Free Report) last released its earnings results on Wednesday, April 30th. The bank reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $17.69 billion during the quarter, compared to analysts' expectations of $15.94 billion. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, equities research analysts predict that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal year.

Banco Santander Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th were paid a dividend of $0.1152 per share. The ex-dividend date was Wednesday, April 30th. This is a boost from Banco Santander's previous semi-annual dividend of $0.08. This represents a dividend yield of 2.4%. Banco Santander's payout ratio is currently 20.69%.

Banco Santander 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.