Shares of Banco Santander SA (NYSE:SAN) have been given an average rating of “Hold” by the sixteen analysts that are covering the stock. Five analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $4.35.

SAN has been the subject of a number of research reports. Deutsche Bank AG raised Banco Santander SA from a “hold” rating to a “buy” rating in a research note on Wednesday, August 31st. Citigroup Inc. reaffirmed a “buy” rating on shares of Banco Santander SA in a research note on Wednesday, September 28th. Zacks Investment Research raised Banco Santander SA from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research note on Friday, September 23rd. Natixis raised Banco Santander SA from a “reduce” rating to a “buy” rating in a research note on Tuesday, October 11th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of Banco Santander SA in a research note on Friday, September 23rd.

Hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its position in Banco Santander SA by 7.7% in the second quarter. Bank of New York Mellon Corp now owns 237,280 shares of the company’s stock worth $931,000 after buying an additional 16,962 shares during the period. Signaturefd LLC increased its position in Banco Santander SA by 57.9% in the second quarter. Signaturefd LLC now owns 25,471 shares of the company’s stock worth $100,000 after buying an additional 9,338 shares during the period. Sequoia Financial Advisors LLC bought a new position in Banco Santander SA during the second quarter worth $147,000. DT Investment Partners LLC increased its position in Banco Santander SA by 22.9% in the second quarter. DT Investment Partners LLC now owns 213,924 shares of the company’s stock worth $839,000 after buying an additional 39,921 shares during the period. Finally, SOL Capital Management CO increased its position in Banco Santander SA by 13.0% in the second quarter. SOL Capital Management CO now owns 74,114 shares of the company’s stock worth $291,000 after buying an additional 8,516 shares during the period. Institutional investors own 0.62% of the company’s stock.

Shares of Banco Santander SA (NYSE:SAN) opened at 4.48 on Monday. Banco Santander SA has a 12 month low of $3.60 and a 12 month high of $5.50. The stock has a market cap of $69.03 billion, a P/E ratio of 14.09 and a beta of 1.72. The stock has a 50 day moving average price of $4.62 and a 200-day moving average price of $4.42.

Banco Santander SA (NYSE:SAN) last issued its quarterly earnings results on Wednesday, October 26th. The company reported $0.12 earnings per share (EPS) for the quarter. Banco Santander SA had a return on equity of 6.06% and a net margin of 13.89%. On average, analysts forecast that Banco Santander SA will post $0.37 EPS for the current fiscal year.

The firm also recently announced a dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, October 17th were issued a $0.038 dividend. The ex-dividend date of this dividend was Thursday, October 13th. Banco Santander SA’s payout ratio is currently 38.64%.

Banco Santander SA Company Profile

Banco Santander, SA is a retail and commercial bank. The Bank’s principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main customers in local markets. The Banks segments include Continental Europe, United Kingdom, Latin America and United States.

5 Day Chart for NYSE:SAN

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