Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 7,748,987 shares, a growth of 49.7% from the November 30th total of 5,177,003 shares. Based on an average daily volume of 2,628,125 shares, the short-interest ratio is presently 2.9 days.

Shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) opened at $7.70 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $5,102.72, a price-to-earnings ratio of 11.32, a P/E/G ratio of 1.43 and a beta of 1.36. Grupo Financiero Santander Mexico S.A. B. de C.V. has a 52 week low of $6.89 and a 52 week high of $10.82.

The business also recently disclosed a None dividend, which was paid on Wednesday, January 3rd. Investors of record on Tuesday, December 26th were paid a dividend of $0.18 per share. This represents a dividend yield of 4.94%. The ex-dividend date of this dividend was Friday, December 22nd. Grupo Financiero Santander Mexico S.A. B. de C.V.’s payout ratio is currently 50.00%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. OxFORD Asset Management LLP boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 523.1% during the third quarter. OxFORD Asset Management LLP now owns 280,371 shares of the bank’s stock valued at $2,829,000 after acquiring an additional 235,372 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the third quarter valued at $454,000. Banco BTG Pactual S.A. boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 46.1% during the second quarter. Banco BTG Pactual S.A. now owns 179,612 shares of the bank’s stock valued at $1,731,000 after acquiring an additional 56,705 shares during the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the second quarter valued at $23,484,000. Finally, Macquarie Group Ltd. boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 5.4% during the third quarter. Macquarie Group Ltd. now owns 6,893,231 shares of the bank’s stock valued at $69,552,000 after acquiring an additional 352,080 shares during the last quarter. 29.45% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have weighed in on BSMX shares. Goldman Sachs Group raised Grupo Financiero Santander Mexico S.A. B. de C.V. from a “sell” rating to a “neutral” rating and set a $10.60 target price on the stock in a report on Monday, September 11th. Zacks Investment Research lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “hold” rating in a report on Thursday, September 14th. BidaskClub lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “hold” rating in a report on Monday, September 18th. Credit Suisse Group lowered Grupo Financiero Santander Mexico S.A. B. de C.V. from an “outperform” rating to a “neutral” rating in a report on Tuesday, September 19th. Finally, ValuEngine raised Grupo Financiero Santander Mexico S.A. B. de C.V. from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $9.62.

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Grupo Financiero Santander Mexico S.A. B. de C.V. Company Profile

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

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