Banco Santander, S.A. $SAN Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in Banco Santander, S.A. (NYSE:SAN) by 28.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 327,386 shares of the bank’s stock after buying an additional 73,198 shares during the quarter. Vise Technologies Inc.’s holdings in Banco Santander were worth $4,528,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of SAN. Acumen Wealth Advisors LLC grew its stake in Banco Santander by 117.9% in the 1st quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank’s stock valued at $26,000 after buying an additional 1,249 shares during the last quarter. Whipplewood Advisors LLC bought a new position in Banco Santander in the 1st quarter worth $28,000. Financial Management Professionals Inc. lifted its position in Banco Santander by 151.1% during the 2nd quarter. Financial Management Professionals Inc. now owns 2,471 shares of the bank’s stock worth $34,000 after acquiring an additional 1,487 shares during the last quarter. Compass Financial Management LLC acquired a new position in Banco Santander during the 2nd quarter worth $34,000. Finally, Washington Trust Advisors Inc. bought a new stake in Banco Santander during the third quarter valued at about $37,000. 9.19% of the stock is owned by institutional investors.

Banco Santander Trading Down 0.9%

Shares of Banco Santander stock opened at $11.36 on Wednesday. Banco Santander, S.A. has a 1 year low of $9.96 and a 1 year high of $15.05. The company’s fifty day simple moving average is $13.77 and its 200-day simple moving average is $12.94. The company has a market cap of $166.80 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 0.56 and a beta of 0.78.

Banco Santander Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, November 5th. Shareholders of record on Friday, October 30th will be issued a $0.1439 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a yield of 257.0%. Banco Santander’s dividend payout ratio is 17.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wall Street Zen downgraded Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Royal Bank Of Canada reiterated a “buy” rating on shares of Banco Santander in a research note on Tuesday, July 28th. Erste Group Bank cut Banco Santander from a “buy” rating to a “hold” rating in a research report on Friday, October 30th. Jefferies Financial Group downgraded Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday, October 20th. Finally, UBS Group reaffirmed a “buy” rating on shares of Banco Santander in a report on Monday, September 21st. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $15.10.

About Banco Santander

Banco Santander, SA is a Spain-based global banking group founded in 1857 and headquartered in Santander, Spain. The company provides financial services to individuals, businesses, institutions and governments through a network spanning Europe, North America and South America.

Its principal activities include retail and commercial banking, consumer finance, corporate and investment banking, payments, asset management and private banking. Santander offers products and services such as current and savings accounts, mortgages, personal and business loans, credit cards, insurance, investment products, cash-management services and financing for corporate clients.

The group operates through established banking businesses in markets including Spain, the United Kingdom, Portugal, Poland, Brazil, Mexico, Chile, Argentina and the United States.