80,092 Shares in Banco Santander, S.A. $SAN Bought by Themes Management Co LLC

Themes Management Co LLC bought a new position in Banco Santander, S.A. (NYSE:SAN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 80,092 shares of the bank’s stock, valued at approximately $939,000.

A number of other hedge funds have also modified their holdings of the stock. Harbour Investments Inc. grew its holdings in shares of Banco Santander by 22.5% in the 4th quarter. Harbour Investments Inc. now owns 7,886 shares of the bank’s stock worth $93,000 after acquiring an additional 1,450 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Banco Santander by 53.1% in the 4th quarter. Hantz Financial Services Inc. now owns 97,050 shares of the bank’s stock worth $1,138,000 after acquiring an additional 33,641 shares during the last quarter. Todd Asset Management LLC boosted its position in shares of Banco Santander by 2.6% in the fourth quarter. Todd Asset Management LLC now owns 7,630,413 shares of the bank’s stock worth $89,505,000 after buying an additional 194,081 shares during the period. Prospera Financial Services Inc boosted its position in shares of Banco Santander by 400.5% in the fourth quarter. Prospera Financial Services Inc now owns 135,698 shares of the bank’s stock worth $1,592,000 after buying an additional 108,585 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Banco Santander in the fourth quarter worth $340,000. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 23rd. Royal Bank Of Canada raised Banco Santander from a “sector perform” rating to an “outperform” rating in a research report on Monday, February 23rd. Santander reaffirmed an “outperform” rating on shares of Banco Santander in a research report on Tuesday, May 12th. Wall Street Zen raised Banco Santander from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Banco Santander in a research report on Monday, February 16th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Banco Santander Trading Up 0.1%

SAN opened at $12.06 on Tuesday. The stock has a market cap of $177.08 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 0.68 and a beta of 0.73. Banco Santander, S.A. has a 1 year low of $7.80 and a 1 year high of $13.24. The stock has a fifty day moving average price of $11.77 and a 200 day moving average price of $11.70.

Banco Santander (NYSE:SAN) last released its quarterly earnings data on Wednesday, April 29th. The bank reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). The firm had revenue of $17.53 billion for the quarter, compared to analyst estimates of $17.66 billion. Banco Santander had a net margin of 26.92% and a return on equity of 12.23%. As a group, sell-side analysts forecast that Banco Santander, S.A. will post 1.12 earnings per share for the current fiscal year.

Banco Santander Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 8th. Investors of record on Monday, May 4th were given a dividend of $0.1473 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a yield of 255.0%. Banco Santander’s dividend payout ratio (DPR) is presently 17.36%.

About Banco Santander

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.