10,267 Shares in Banco Santander, S.A. (NYSE:SAN) Purchased by HUB Investment Partners LLC

HUB Investment Partners LLC acquired a new position in Banco Santander, S.A. (NYSE:SAN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,267 shares of the bank’s stock, valued at approximately $47,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lockheed Martin Investment Management Co. raised its position in Banco Santander by 197.0% in the 4th quarter. Lockheed Martin Investment Management Co. now owns 557,390 shares of the bank’s stock worth $2,542,000 after purchasing an additional 369,700 shares during the period. BNP Paribas Financial Markets grew its stake in Banco Santander by 111.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank’s stock worth $3,602,000 after acquiring an additional 372,690 shares in the last quarter. FMR LLC grew its stake in Banco Santander by 33.9% in the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock worth $106,558,000 after acquiring an additional 5,290,236 shares in the last quarter. HighTower Advisors LLC grew its stake in Banco Santander by 143.0% in the 3rd quarter. HighTower Advisors LLC now owns 345,524 shares of the bank’s stock worth $1,757,000 after acquiring an additional 203,322 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Banco Santander by 62.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 105,415 shares of the bank’s stock worth $479,000 after acquiring an additional 40,438 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Banco Santander Price Performance

NYSE SAN opened at $6.92 on Friday. Banco Santander, S.A. has a 52-week low of $4.27 and a 52-week high of $7.16. The firm’s 50 day moving average price is $5.86 and its 200-day moving average price is $5.18. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. The company has a market cap of $104.78 billion, a PE ratio of 8.33, a P/E/G ratio of 0.77 and a beta of 1.09.

Banco Santander (NYSE:SAN) last posted its earnings results on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. Sell-side analysts forecast that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Banco Santander Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th will be given a dividend of $0.1152 per share. This is a boost from Banco Santander’s previous semi-annual dividend of $0.08. The ex-dividend date 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

SAN has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Keefe, Bruyette & Woods upgraded shares of Banco Santander from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 24th. The Goldman Sachs Group downgraded shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

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.