3 days Ago By ABMN Staff
Shares of Banco Santander, S.A. ( NYSE:SAN – Get Free Report ) have received an average rating of “Buy” from the three research firms that are currently covering the firm, MarketBeat Ratings reports.
One research analyst has rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. SAN has been the subject of a number of research reports. The Goldman Sachs Group lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.
StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods upgraded Banco Santander from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 24th.
Get Our Latest Report on SAN Banco Santander Trading Down 0.9 % Banco Santander ( NYSE:SAN – Get Free Report ) last announced its quarterly 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%. Sell-side analysts expect that Banco Santander 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 will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th will be paid a $0.
1152 dividend. This represents a dividend yield of 2.4%.
This is a positive change from Banco Santander’s previous semi-annual dividend of $0.08. The ex-dividend date of this dividend is Wednesday, April 30th.
Banco Santander’s dividend payout ratio is 19.28%. Hedge Funds Weigh In On Banco Santander Several institutional investors and hedge funds have recently bought and sold shares of SAN.
R Squared Ltd purchased a new stake in Banco Santander in the fourth quarter worth about $27,000. Larson Financial Group LLC increased its holdings in Banco Santander by 2,226.3% in the 4th quarter.
Larson Financial Group LLC now owns 5,839 shares of the bank’s stock worth $27,000 after acquiring an additional 5,588 shares in the last quarter. Sierra Ocean LLC bought a new stake in Banco Santander during the 4th quarter worth approximately $32,000. WealthCollab LLC lifted its holdings in Banco Santander by 35.
1% during the fourth quarter. WealthCollab LLC now owns 7,801 shares of the bank’s stock valued at $36,000 after purchasing an additional 2,028 shares in the last quarter. Finally, Advisors Preferred LLC bought a new position in shares of Banco Santander in the fourth quarter worth approximately $37,000.
9.19% of the stock is currently owned by hedge funds and other institutional investors. Banco Santander Company Profile ( Get Free Report 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. Further Reading Receive News & Ratings for Banco Santander Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander and related companies with MarketBeat.
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