67,652 Shares in Banco Santander, S.A. (NYSE:SAN) Acquired by Everstar Asset Management LLC

Everstar Asset Management LLC acquired a new stake in Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 67,652 shares of the bank’s stock, valued at approximately $308,000.

Several other large investors have also recently added to or reduced their stakes in SAN. Charles Schwab Investment Management Inc. increased its stake in shares of Banco Santander by 23.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,024,556 shares of the bank’s stock worth $5,225,000 after acquiring an additional 193,255 shares during the last quarter. Citigroup Inc. boosted its position in Banco Santander by 4.3% during the third quarter. Citigroup Inc. now owns 878,014 shares of the bank’s stock valued at $4,478,000 after purchasing an additional 36,221 shares during the last quarter. FMR LLC grew its stake in Banco Santander by 33.9% in the third quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock valued at $106,558,000 after purchasing an additional 5,290,236 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Banco Santander by 111.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank’s stock worth $3,602,000 after purchasing an additional 372,690 shares in the last quarter. Finally, Townsquare Capital LLC grew its stake in shares of Banco Santander by 22.1% in the 3rd quarter. Townsquare Capital LLC now owns 29,381 shares of the bank’s stock valued at $150,000 after buying an additional 5,311 shares in the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods upgraded 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 cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Banco Santander has a consensus rating of “Buy”.

Banco Santander Stock Down 2.1 %

SAN opened at $6.79 on Monday. Banco Santander, S.A. has a twelve month low of $4.27 and a twelve month high of $7.16. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. The business has a 50 day moving average price of $6.08 and a 200 day moving average price of $5.26. The firm has a market cap of $102.81 billion, a P/E ratio of 8.17, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09.

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

Banco Santander Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th will be paid a $0.1152 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This is a positive change 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 presently 19.28%.

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.