Banco Santander (NYSE:SAN) Sets New 12-Month High at $4.73

Banco Santander, S.A. (NYSE:SANGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as $4.73 and last traded at $4.73, with a volume of 25279 shares changing hands. The stock had previously closed at $4.67.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Monday.

Get Our Latest Analysis on SAN

Banco Santander Price Performance

The company has a market capitalization of $75.33 billion, a P/E ratio of 6.80, a PEG ratio of 0.46 and a beta of 1.20. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 4.24. The stock has a 50 day moving average price of $4.13 and a 200 day moving average price of $3.98.

Banco Santander (NYSE:SANGet Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. Banco Santander had a return on equity of 10.82% and a net margin of 19.29%. The firm had revenue of $15.67 billion for the quarter. During the same period in the previous year, the business posted $0.14 earnings per share. On average, research analysts anticipate that Banco Santander, S.A. will post 0.81 earnings per share for the current fiscal year.

Banco Santander Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 30th will be given a $0.1027 dividend. This is a boost from Banco Santander’s previous semi-annual dividend of $0.09. This represents a yield of 3.2%. The ex-dividend date of this dividend is Monday, April 29th. Banco Santander’s dividend payout ratio is 17.14%.

Institutional Trading of Banco Santander

Institutional investors have recently modified their holdings of the business. Raymond James & Associates lifted its holdings in Banco Santander by 236.4% during the 1st quarter. Raymond James & Associates now owns 223,407 shares of the bank’s stock worth $755,000 after buying an additional 157,003 shares during the period. US Bancorp DE boosted its holdings in Banco Santander by 4.7% in the first quarter. US Bancorp DE now owns 210,073 shares of the bank’s stock valued at $711,000 after acquiring an additional 9,342 shares during the last quarter. HighTower Advisors LLC raised its holdings in Banco Santander by 26.8% during the 1st quarter. HighTower Advisors LLC now owns 240,518 shares of the bank’s stock worth $814,000 after purchasing an additional 50,817 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Banco Santander by 163.6% in the 1st quarter. Private Advisor Group LLC now owns 129,832 shares of the bank’s stock worth $439,000 after purchasing an additional 80,573 shares during the period. Finally, Citigroup Inc. boosted its stake in shares of Banco Santander by 60.4% in the 1st quarter. Citigroup Inc. now owns 714,160 shares of the bank’s stock valued at $2,415,000 after purchasing an additional 269,055 shares during the last quarter. Institutional investors own 9.19% of the company’s stock.

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 corporate finance, global debt financing and market, global transaction banking, and private debt mobilization solutions.

Featured Stories

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.com's FREE daily email newsletter.