Banco Santander, S.A. (NYSE:SAN) Stock Holdings Lifted by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC raised its position in Banco Santander, S.A. (NYSE:SAN) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 250,177 shares of the bank’s stock after buying an additional 15,000 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Banco Santander were worth $1,141,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Banco Santander in the fourth quarter worth about $27,000. Larson Financial Group LLC lifted its position in shares of Banco Santander by 2,226.3% in the fourth quarter. Larson Financial Group LLC now owns 5,839 shares of the bank’s stock worth $27,000 after buying an additional 5,588 shares during the last quarter. Sierra Ocean LLC acquired a new stake in shares of Banco Santander in the fourth quarter worth about $32,000. Advisors Preferred LLC acquired a new stake in shares of Banco Santander in the fourth quarter worth about $37,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Banco Santander in the third quarter worth about $45,000. Hedge funds and other institutional investors own 9.19% of the company’s stock.

Banco Santander Price Performance

NYSE SAN opened at $6.88 on Tuesday. Banco Santander, S.A. has a twelve month low of $4.27 and a twelve month high of $7.02. 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 stock has a market capitalization of $104.17 billion, a PE ratio of 8.28, a P/E/G ratio of 0.77 and a beta of 1.09. The stock has a 50-day simple moving average of $5.68 and a 200 day simple moving average of $5.12.

Banco Santander (NYSE:SAN) last issued its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. Research analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current year.

Banco Santander Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.1152 per share. This represents a yield of 2.4%. This is a positive change from Banco Santander’s previous semi-annual dividend of $0.08. The ex-dividend date is Wednesday, April 30th. Banco Santander’s payout ratio is currently 19.28%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. The Goldman Sachs Group cut Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th. Finally, Keefe, Bruyette & Woods raised Banco Santander from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 24th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Banco Santander 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.