SIH Partners LLLP Takes $826,000 Position in Banco Santander, S.A. (NYSE:SAN)

SIH Partners LLLP bought a new stake in Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, Holdings Channel.com reports. The fund bought 181,100 shares of the bank’s stock, valued at approximately $826,000.

Other large investors have also recently modified their holdings of the company. FMR LLC increased its position in Banco Santander by 5.1% during the 4th quarter. FMR LLC now owns 21,953,176 shares of the bank’s stock valued at $100,106,000 after buying an additional 1,059,449 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its position in Banco Santander by 106.3% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 9,101,145 shares of the bank’s stock worth $41,501,000 after purchasing an additional 4,689,461 shares in the last quarter. Todd Asset Management LLC grew its position in Banco Santander by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 8,896,192 shares of the bank’s stock valued at $40,567,000 after buying an additional 45,326 shares during the period. Teachers Retirement System of The State of Kentucky grew its position in shares of Banco Santander by 7.2% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 5,429,260 shares of the bank’s stock valued at $24,757,000 after acquiring an additional 362,500 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Banco Santander by 4.9% in the fourth quarter. American Century Companies Inc. now owns 3,407,110 shares of the bank’s stock valued at $15,536,000 after buying an additional 159,378 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Banco Santander Price Performance

Shares of NYSE SAN opened at $6.71 on Tuesday. Banco Santander, S.A. has a twelve month low of $4.27 and a twelve month high of $7.16. The company has a current ratio of 2.24, a quick ratio of 0.23 and a debt-to-equity ratio of 13.83. The stock has a market cap of $101.67 billion, a P/E ratio of 8.08, a P/E/G ratio of 0.77 and a beta of 0.81. The stock has a 50 day moving average of $6.49 and a two-hundred day moving average of $5.44.

Banco Santander (NYSE:SAN) last released its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. On average, research analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share 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. Shareholders of record on Wednesday, April 30th will be given a $0.1152 dividend. This is a boost from Banco Santander’s previous semi-annual dividend of $0.08. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a yield of 2.4%. Banco Santander’s dividend payout ratio is presently 19.28%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. 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. StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Finally, The Goldman Sachs Group downgraded Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. One analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Banco Santander 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.