Personal CFO Solutions LLC Makes New $66,000 Investment in Banco Santander, S.A. (NYSE:SAN)

Personal CFO Solutions LLC purchased a new position in Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 14,375 shares of the bank’s stock, valued at approximately $66,000.

Other hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Banco Santander in the fourth quarter worth approximately $27,000. Larson Financial Group LLC grew its position 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 worth $27,000 after buying an additional 5,588 shares during the last quarter. Sierra Ocean LLC acquired a new position in Banco Santander in the fourth quarter worth approximately $32,000. Advisors Preferred LLC acquired a new position in Banco Santander in the fourth quarter worth approximately $37,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Banco Santander during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 9.19% of the company’s stock.

Wall Street Analyst Weigh In

SAN has been the topic of several research analyst reports. Keefe, Bruyette & Woods upgraded shares of Banco Santander from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 24th. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Finally, StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Banco Santander Trading Down 0.1 %

Shares of NYSE:SAN opened at $6.39 on Wednesday. The firm has a fifty day moving average of $5.51 and a two-hundred day moving average of $5.07. The firm has a market capitalization of $96.75 billion, a P/E ratio of 7.69, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09. Banco Santander, S.A. has a 12-month low of $4.27 and a 12-month high of $6.83. The company has a quick ratio of 0.23, a current ratio of 2.24 and a debt-to-equity ratio of 13.83.

Banco Santander (NYSE:SAN) last issued its earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, equities analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.1152 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 2.4%. This is a positive change from Banco Santander’s previous semi-annual dividend of $0.08. Banco Santander’s dividend payout ratio (DPR) is 18.07%.

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.