30,933 Shares in Banco Santander, S.A. (NYSE:SAN) Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC bought a new position in Banco Santander, S.A. (NYSE:SAN) in the fourth quarter, Holdings Channel.com reports. The firm bought 30,933 shares of the bank’s stock, valued at approximately $128,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SAN. Savant Capital LLC acquired a new stake in Banco Santander during the 4th quarter valued at approximately $30,000. Cetera Investment Advisers bought a new position in shares of Banco Santander in the 1st quarter worth $35,000. Atria Wealth Solutions Inc. bought a new position in Banco Santander during the 2nd quarter valued at $35,000. SRS Capital Advisors Inc. lifted its stake in Banco Santander by 60.8% during the 2nd quarter. SRS Capital Advisors Inc. now owns 9,934 shares of the bank’s stock valued at $37,000 after acquiring an additional 3,755 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Banco Santander during the 1st quarter valued at $38,000. Institutional investors own 9.19% of the company’s stock.

Banco Santander Stock Performance

Shares of SAN opened at $4.65 on Monday. The stock has a 50-day moving average price of $4.37 and a 200-day moving average price of $4.10. The company has a market cap of $73.59 billion, a PE ratio of 6.64, a price-to-earnings-growth ratio of 0.45 and a beta of 1.22. Banco Santander, S.A. has a 12-month low of $3.20 and a 12-month high of $5.05. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 4.24.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Banco Santander had a return on equity of 10.82% and a net margin of 19.29%. The business had revenue of $15.67 billion for the quarter. During the same period last year, the firm earned $0.14 earnings per share. As a group, equities analysts forecast that Banco Santander, S.A. will post 0.81 earnings per share for the current fiscal year.

Banco Santander Increases Dividend

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

Wall Street Analyst Weigh In

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

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.