SYM FINANCIAL Corp Makes New Investment in Banco Santander, S.A. (NYSE:SAN)

SYM FINANCIAL Corp purchased a new stake in Banco Santander, S.A. (NYSE:SAN) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,277 shares of the bank’s stock, valued at approximately $43,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC grew its position in shares of Banco Santander by 1.4% in the third quarter. FMR LLC now owns 9,217,199 shares of the bank’s stock valued at $34,657,000 after purchasing an additional 124,106 shares in the last quarter. Optiver Holding B.V. lifted its holdings in Banco Santander by 770.4% in the third quarter. Optiver Holding B.V. now owns 7,722,405 shares of the bank’s stock valued at $29,036,000 after acquiring an additional 6,835,153 shares during the last quarter. American Century Companies Inc. lifted its holdings in Banco Santander by 6.9% in the third quarter. American Century Companies Inc. now owns 3,008,881 shares of the bank’s stock valued at $11,313,000 after acquiring an additional 193,323 shares during the last quarter. Natixis Advisors L.P. lifted its holdings in Banco Santander by 19.1% in the fourth quarter. Natixis Advisors L.P. now owns 1,106,340 shares of the bank’s stock valued at $4,579,000 after acquiring an additional 177,692 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new position in Banco Santander in the third quarter valued at approximately $3,488,000. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Banco Santander Trading Down 0.8 %

NYSE:SAN traded down $0.04 during trading hours on Friday, reaching $4.83. 1,502,812 shares of the stock were exchanged, compared to its average volume of 4,117,114. Banco Santander, S.A. has a twelve month low of $3.20 and a twelve month high of $5.17. The company has a market capitalization of $76.44 billion, a price-to-earnings ratio of 6.71, a PEG ratio of 0.46 and a beta of 1.19. The company has a quick ratio of 0.35, a current ratio of 2.27 and a debt-to-equity ratio of 13.96. The business has a 50-day moving average of $4.63 and a two-hundred day moving average of $4.22.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Banco Santander had a net margin of 14.98% and a return on equity of 10.95%. The company had revenue of $15.67 billion during the quarter. During the same quarter last year, the firm earned $0.14 EPS. On average, equities analysts predict that Banco Santander, S.A. will post 0.8 EPS for the current year.

Banco Santander Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Tuesday, May 7th. Investors of record on Tuesday, April 30th will be issued a $0.1027 dividend. This represents a yield of 3.2%. The ex-dividend date of this dividend is Monday, April 29th. This is a positive change from Banco Santander’s previous semi-annual dividend of $0.09. Banco Santander’s dividend payout ratio is 20.83%.

About Banco Santander

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.