Themes Management Co LLC Acquires Shares of 80,092 Banco Santander, S.A. $SAN

Themes Management Co LLC acquired a new stake in shares of Banco Santander, S.A. (NYSE:SANFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 80,092 shares of the bank’s stock, valued at approximately $939,000.

A number of other hedge funds have also recently bought and sold shares of the business. Orca Wealth Management LLC grew its stake in Banco Santander by 1.4% during the 4th quarter. Orca Wealth Management LLC now owns 65,572 shares of the bank’s stock valued at $852,000 after purchasing an additional 894 shares in the last quarter. Composition Wealth LLC grew its stake in Banco Santander by 8.3% during the 4th quarter. Composition Wealth LLC now owns 12,442 shares of the bank’s stock valued at $146,000 after purchasing an additional 952 shares in the last quarter. West Family Investments Inc. grew its stake in Banco Santander by 2.0% during the 3rd quarter. West Family Investments Inc. now owns 49,186 shares of the bank’s stock valued at $515,000 after purchasing an additional 965 shares in the last quarter. Riversedge Advisors LLC grew its stake in Banco Santander by 3.5% during the 4th quarter. Riversedge Advisors LLC now owns 29,426 shares of the bank’s stock valued at $345,000 after purchasing an additional 987 shares in the last quarter. Finally, Stratos Investment Management LLC lifted its holdings in Banco Santander by 6.3% during the 4th quarter. Stratos Investment Management LLC now owns 16,870 shares of the bank’s stock worth $198,000 after buying an additional 1,005 shares during the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SAN. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Monday, March 23rd. UBS Group reaffirmed a “buy” rating on shares of Banco Santander in a report on Monday, February 16th. Royal Bank Of Canada raised Banco Santander from a “sector perform” rating to an “outperform” rating in a report on Monday, February 23rd. Santander reaffirmed an “outperform” rating on shares of Banco Santander in a report on Tuesday, May 12th. Finally, Wall Street Zen raised Banco Santander from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Banco Santander has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on SAN

Banco Santander Trading Up 0.1%

Shares of NYSE SAN opened at $12.06 on Tuesday. Banco Santander, S.A. has a 12-month low of $7.80 and a 12-month high of $13.24. The company has a market cap of $177.08 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 0.68 and a beta of 0.73. The stock’s 50 day simple moving average is $11.77 and its 200 day simple moving average is $11.70.

Banco Santander (NYSE:SANGet Free Report) last posted its earnings results on Wednesday, April 29th. The bank reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). Banco Santander had a net margin of 26.92% and a return on equity of 12.23%. The business had revenue of $17.53 billion during the quarter, compared to analyst estimates of $17.66 billion. As a group, equities analysts forecast that Banco Santander, S.A. will post 1.12 earnings per share for the current fiscal year.

Banco Santander Announces Dividend

The company also recently declared a dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, May 4th were given a dividend of $0.1473 per share. The ex-dividend date was Monday, May 4th. This represents a dividend yield of 255.0%. Banco Santander’s dividend payout ratio (DPR) is 17.36%.

About Banco Santander

(Free Report)

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.

See Also

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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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