Evolution Wealth Advisors LLC Purchases 31,470 Shares of Banco Santander, S.A. (NYSE:SAN)

Evolution Wealth Advisors LLC lifted its position in shares of Banco Santander, S.A. (NYSE:SAN) by 135.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,742 shares of the bank’s stock after acquiring an additional 31,470 shares during the period. Evolution Wealth Advisors LLC’s holdings in Banco Santander were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SVB Wealth LLC increased its position in Banco Santander by 11.9% during the 4th quarter. SVB Wealth LLC now owns 94,404 shares of the bank’s stock worth $391,000 after purchasing an additional 10,075 shares in the last quarter. Waldron Private Wealth LLC acquired a new position in Banco Santander during the 4th quarter worth approximately $56,000. Clarius Group LLC increased its position in Banco Santander by 45.2% during the 4th quarter. Clarius Group LLC now owns 47,207 shares of the bank’s stock worth $195,000 after purchasing an additional 14,699 shares in the last quarter. Valeo Financial Advisors LLC increased its position in Banco Santander by 7.1% during the 4th quarter. Valeo Financial Advisors LLC now owns 42,345 shares of the bank’s stock worth $175,000 after purchasing an additional 2,804 shares in the last quarter. Finally, Sapient Capital LLC acquired a new position in Banco Santander during the 4th quarter worth approximately $178,000. Institutional investors own 9.19% of the company’s stock.

Banco Santander Price Performance

NYSE SAN remained flat at $4.75 on Friday. 2,958,454 shares of the company’s stock traded hands, compared to its average volume of 3,040,814. The company has a debt-to-equity ratio of 4.24, a quick ratio of 0.35 and a current ratio of 0.35. Banco Santander, S.A. has a 1 year low of $3.20 and a 1 year high of $5.05. The stock’s fifty day simple moving average is $4.44 and its 200-day simple moving average is $4.13. The company has a market capitalization of $75.09 billion, a price-to-earnings ratio of 6.78, a PEG ratio of 0.45 and a beta of 1.22.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. Banco Santander had a net margin of 19.29% and a return on equity of 10.82%. The firm had revenue of $15.67 billion during the quarter. During the same quarter last year, the company posted $0.14 earnings per share. On average, equities analysts expect that Banco Santander, S.A. will post 0.8 EPS for the current year.

Banco Santander Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Tuesday, April 30th will be paid a $0.1027 dividend. This is a positive change from Banco Santander’s previous semi-annual dividend of $0.09. This represents a dividend yield of 3.2%. The ex-dividend date is Monday, April 29th. Banco Santander’s dividend payout ratio is currently 17.14%.

Analyst Ratings Changes

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

Banco Santander 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.