US Bancorp DE boosted its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 16.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 130,241 shares of the bank’s stock after buying an additional 18,637 shares during the period. US Bancorp DE’s holdings in Banco Santander, were worth $871,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in SAN. Keybank National Association OH purchased a new stake in shares of Banco Santander, during the first quarter valued at $114,000. Farmers & Merchants Investments Inc. boosted its stake in shares of Banco Santander, by 2.5% in the first quarter. Farmers & Merchants Investments Inc. now owns 19,694 shares of the bank’s stock valued at $120,000 after buying an additional 485 shares during the last quarter. Edgar Lomax Co. VA boosted its stake in shares of Banco Santander, by 83.4% in the first quarter. Edgar Lomax Co. VA now owns 19,900 shares of the bank’s stock valued at $122,000 after buying an additional 9,050 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Banco Santander, by 183.5% in the first quarter. Proficio Capital Partners LLC now owns 19,732 shares of the bank’s stock valued at $130,000 after buying an additional 12,773 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Banco Santander, by 22.8% in the first quarter. Signaturefd LLC now owns 23,936 shares of the bank’s stock valued at $145,000 after buying an additional 4,448 shares during the last quarter. 1.25% of the stock is owned by institutional investors and hedge funds.

Shares of Banco Santander, S.A. (NYSE SAN) traded down 0.844% on Friday, reaching $6.465. 5,317,808 shares of the company’s stock traded hands. The firm has a market cap of $99.44 billion, a P/E ratio of 12.107 and a beta of 1.41. The stock has a 50-day moving average of $6.73 and a 200 day moving average of $6.25. Banco Santander, S.A. has a 12-month low of $4.08 and a 12-month high of $6.99.

Banco Santander, (NYSE:SAN) last posted its quarterly earnings data on Friday, July 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.02. Banco Santander, had a net margin of 14.98% and a return on equity of 6.70%. The company had revenue of $13.10 billion for the quarter. On average, equities research analysts expect that Banco Santander, S.A. will post $0.49 earnings per share for the current year.

The business also recently disclosed a None dividend, which will be paid on Friday, August 11th. Stockholders of record on Thursday, August 3rd will be issued a dividend of $0.056 per share. The ex-dividend date of this dividend is Tuesday, August 1st. Banco Santander,’s dividend payout ratio (DPR) is currently 37.50%.

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Several equities research analysts have weighed in on the stock. BidaskClub cut shares of Banco Santander, from a “buy” rating to a “hold” rating in a research report on Friday. Citigroup Inc. cut shares of Banco Santander, from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 25th. Zacks Investment Research cut shares of Banco Santander, from a “buy” rating to a “sell” rating in a research report on Thursday. J P Morgan Chase & Co reissued a “buy” rating on shares of Banco Santander, in a research report on Thursday, April 20th. Finally, Bank of America Corporation raised shares of Banco Santander, from an “underperform” rating to a “neutral” rating in a research report on Friday, June 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Banco Santander, presently has an average rating of “Buy” and an average target price of $16.63.

Banco Santander, Company Profile

Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.

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Institutional Ownership by Quarter for Banco Santander, (NYSE:SAN)

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