Banco Santander (NYSE:SAN) Sees Large Volume Increase

Banco Santander, S.A. (NYSE:SAN - Get Free Report) saw strong trading volume on Monday . 4,082,713 shares changed hands during trading, an increase of 38% from the previous session's volume of 2,961,200 shares.The stock last traded at $5.00 and had previously closed at $4.90.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Banco Santander from an "equal weight" rating to an "overweight" rating in a report on Monday, March 25th.

Banco Santander Price Performance

The stock has a market capitalization of $78.81 billion, a PE ratio of 7.11, a PEG ratio of 0.48 and a beta of 1.22. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 4.24. The firm's fifty day moving average price is $4.31 and its two-hundred day moving average price is $4.07.

Banco Santander (NYSE:SAN - Get Free Report) last announced its earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. Banco Santander had a net margin of 19.29% and a return on equity of 10.82%. The business had revenue of $15.67 billion during the quarter. During the same period in the prior year, the company posted $0.14 earnings per share. On average, equities analysts predict that Banco Santander, S.A. will post 0.81 earnings per share for the current year.

Banco Santander Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.1027 per share. This is a boost from Banco Santander's previous semi-annual dividend of $0.09. This represents a yield of 3.2%. The ex-dividend date of this dividend is Monday, April 29th. Banco Santander's dividend payout ratio is currently 17.14%.

Institutional Trading of Banco Santander

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SAN. Anchor Investment Management LLC bought a new position in shares of Banco Santander in the fourth quarter worth approximately $95,000. Schechter Investment Advisors LLC boosted its position in shares of Banco Santander by 9.7% in the fourth quarter. Schechter Investment Advisors LLC now owns 44,322 shares of the bank's stock worth $183,000 after purchasing an additional 3,907 shares during the period. Caprock Group LLC boosted its position in shares of Banco Santander by 4.9% in the fourth quarter. Caprock Group LLC now owns 95,471 shares of the bank's stock worth $395,000 after purchasing an additional 4,463 shares during the period. Kathmere Capital Management LLC boosted its position in shares of Banco Santander by 14.4% in the third quarter. Kathmere Capital Management LLC now owns 28,286 shares of the bank's stock worth $106,000 after purchasing an additional 3,552 shares during the period. Finally, Acadian Asset Management LLC bought a new position in shares of Banco Santander in the third quarter worth approximately $1,345,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

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.