Banco Santander, S.A. (NYSE:SAN) Holdings Raised by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in Banco Santander, S.A. (NYSE:SAN - Free Report) by 43.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 112,706 shares of the bank's stock after purchasing an additional 34,138 shares during the quarter. Cetera Investment Advisers' holdings in Banco Santander were worth $514,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. FMR LLC grew its position in Banco Santander by 5.1% in the 4th quarter. FMR LLC now owns 21,953,176 shares of the bank's stock worth $100,106,000 after purchasing an additional 1,059,449 shares during the last quarter. Northern Trust Corp grew its holdings in Banco Santander by 46.4% in the 4th quarter. Northern Trust Corp now owns 10,775,261 shares of the bank's stock worth $49,135,000 after buying an additional 3,413,685 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its position in Banco Santander by 106.3% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 9,101,145 shares of the bank's stock valued at $41,501,000 after acquiring an additional 4,689,461 shares during the period. Todd Asset Management LLC raised its stake in Banco Santander by 0.5% during the 4th quarter. Todd Asset Management LLC now owns 8,896,192 shares of the bank's stock valued at $40,567,000 after acquiring an additional 45,326 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its position in Banco Santander by 7.2% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 5,429,260 shares of the bank's stock worth $24,757,000 after acquiring an additional 362,500 shares during the period. Institutional investors and hedge funds own 9.19% of the company's stock.

Banco Santander Price Performance

Shares of Banco Santander stock traded up $0.04 on Thursday, hitting $7.96. The company had a trading volume of 2,621,319 shares, compared to its average volume of 3,709,066. The business has a 50-day simple moving average of $7.05 and a 200-day simple moving average of $5.90. The company has a debt-to-equity ratio of 13.83, a current ratio of 2.24 and a quick ratio of 0.23. The company has a market cap of $120.54 billion, a PE ratio of 9.58, a PEG ratio of 0.77 and a beta of 0.97. Banco Santander, S.A. has a 52 week low of $4.27 and a 52 week high of $8.08.

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, meeting the consensus estimate of $0.22. The business had revenue of $17.69 billion during the quarter, compared to analyst estimates of $15.94 billion. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. Research analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th were given a $0.1152 dividend. This represents a dividend yield of 2.4%. The ex-dividend date was Wednesday, April 30th. This is an increase from Banco Santander's previous semi-annual dividend of $0.08. Banco Santander's dividend payout ratio is 20.69%.

Analyst Ratings Changes

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

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.