Banco Santander, S.A. (NYSE:SAN) Position Boosted by PDS Planning Inc

PDS Planning Inc raised its position in shares of Banco Santander, S.A. (NYSE:SAN) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,393 shares of the bank’s stock after purchasing an additional 3,927 shares during the quarter. PDS Planning Inc’s holdings in Banco Santander were worth $192,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OLD National Bancorp IN boosted its stake in shares of Banco Santander by 7.2% during the 4th quarter. OLD National Bancorp IN now owns 40,521 shares of the bank’s stock worth $168,000 after acquiring an additional 2,739 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Banco Santander by 7.1% during the fourth quarter. Valeo Financial Advisors LLC now owns 42,345 shares of the bank’s stock worth $175,000 after acquiring an additional 2,804 shares in the last quarter. CWM LLC raised its holdings in shares of Banco Santander by 10.4% during the fourth quarter. CWM LLC now owns 30,757 shares of the bank’s stock worth $127,000 after acquiring an additional 2,896 shares in the last quarter. Keybank National Association OH raised its holdings in shares of Banco Santander by 17.6% during the third quarter. Keybank National Association OH now owns 22,688 shares of the bank’s stock worth $85,000 after acquiring an additional 3,393 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Banco Santander by 46.3% during the fourth quarter. Allworth Financial LP now owns 10,795 shares of the bank’s stock worth $45,000 after acquiring an additional 3,415 shares in the last quarter. 9.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Barclays upgraded Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Monday, March 25th.

Banco Santander Trading Up 2.8 %

Banco Santander stock opened at $5.00 on Wednesday. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market capitalization of $79.05 billion, a price-to-earnings ratio of 7.14, a PEG ratio of 0.47 and a beta of 1.22. Banco Santander, S.A. has a one year low of $3.20 and a one year high of $5.05. The company’s fifty day moving average price is $4.48 and its two-hundred day moving average price is $4.15.

Banco Santander (NYSE:SAN) last posted its earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. The firm had revenue of $15.67 billion for the quarter. Banco Santander had a net margin of 19.29% and a return on equity of 10.82%. During the same period in the previous year, the company earned $0.14 earnings per share. On average, analysts forecast that Banco Santander, S.A. will post 0.8 earnings per share for the current fiscal 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 given a dividend of $0.1027 per share. This represents a yield of 3.2%. This is an increase from Banco Santander’s previous semi-annual dividend of $0.09. The ex-dividend date of this dividend is Monday, April 29th. Banco Santander’s dividend payout ratio is presently 17.14%.

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.