Banco Santander, S.A. (NYSE:SAN) Shares Bought by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC lifted its stake in shares of Banco Santander, S.A. (NYSE:SANFree Report) by 86.9% during the fourth quarter, Holdings Channel reports. The fund owned 11,060 shares of the bank’s stock after acquiring an additional 5,141 shares during the period. JFS Wealth Advisors LLC’s holdings in Banco Santander were worth $46,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Principal Securities Inc. purchased a new position in shares of Banco Santander in the 4th quarter valued at about $35,000. Riversedge Advisors LLC acquired a new stake in shares of Banco Santander in the 4th quarter valued at $42,000. SYM FINANCIAL Corp acquired a new position in shares of Banco Santander during the fourth quarter worth $43,000. Raymond James Trust N.A. acquired a new stake in Banco Santander in the fourth quarter valued at $43,000. Finally, HB Wealth Management LLC purchased a new stake in Banco Santander during the 4th quarter worth about $43,000. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SAN shares. StockNews.com upgraded shares of Banco Santander from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 6th. Barclays upgraded Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 25th.

Get Our Latest Report on Banco Santander

Banco Santander Price Performance

SAN traded down $0.02 on Friday, hitting $5.03. 2,565,510 shares of the company were exchanged, compared to its average volume of 3,921,111. The business’s fifty day moving average is $4.72 and its 200 day moving average is $4.26. The firm has a market capitalization of $79.60 billion, a P/E ratio of 6.99, a price-to-earnings-growth ratio of 0.48 and a beta of 1.19. Banco Santander, S.A. has a fifty-two week low of $3.20 and a fifty-two week high of $5.17. The company has a debt-to-equity ratio of 13.96, a quick ratio of 0.35 and a current ratio of 2.27.

Banco Santander Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Tuesday, May 7th. Investors of record on Tuesday, April 30th were given a dividend of $0.1027 per share. This is an increase from Banco Santander’s previous semi-annual dividend of $0.09. This represents a dividend yield of 3.2%. The ex-dividend date was Monday, April 29th. Banco Santander’s payout ratio is currently 19.44%.

Banco Santander Company Profile

(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.

See Also

Want to see what other hedge funds are holding SAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Santander, S.A. (NYSE:SANFree Report).

Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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