Captrust Financial Advisors Has $310,000 Holdings in Banco Santander, S.A. (NYSE:SAN)

Captrust Financial Advisors cut its stake in Banco Santander, S.A. (NYSE:SAN - Free Report) by 52.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SAN. R Squared Ltd acquired a new position in shares of Banco Santander during the 4th quarter worth about $27,000. Larson Financial Group LLC boosted its stake in shares of Banco Santander by 2,226.3% during the 4th quarter. Larson Financial Group LLC now owns 5,839 shares of the bank's stock worth $27,000 after buying an additional 5,588 shares during the last quarter. Sierra Ocean LLC acquired a new position in shares of Banco Santander during the 4th quarter worth about $32,000. WealthCollab LLC boosted its stake in shares of Banco Santander by 35.1% during the 4th quarter. WealthCollab LLC now owns 7,801 shares of the bank's stock worth $36,000 after buying an additional 2,028 shares during the last quarter. Finally, Advisors Preferred LLC acquired a new position in shares of Banco Santander during the 4th quarter worth about $37,000. 9.19% of the stock is owned by institutional investors and hedge funds.

Banco Santander Stock Performance

NYSE:SAN traded down $0.02 during mid-day trading on Friday, hitting $7.92. The stock had a trading volume of 3,241,503 shares, compared to its average volume of 3,693,811. Banco Santander, S.A. has a twelve month low of $4.27 and a twelve month high of $8.14. The stock has a market cap of $120.01 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.77 and a beta of 0.97. The company's 50 day simple moving average is $6.97 and its 200 day simple moving average is $5.82. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24.

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

Banco Santander Increases Dividend

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

Analysts Set New Price Targets

SAN has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Banco Santander from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th. Keefe, Bruyette & Woods raised shares of Banco Santander from a "hold" rating to a "moderate buy" rating in a report on Monday, February 24th. Finally, The Goldman Sachs Group downgraded shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. One equities research 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".

About Banco Santander

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.