TheStreet downgraded shares of Banco Santander (NYSE:SAN) from an a- rating to a d rating in a research report report published on Thursday.

A number of other brokerages have also commented on SAN. Zacks Investment Research lowered shares of Banco Santander from a hold rating to a sell rating in a report on Tuesday, January 22nd. ValuEngine raised shares of Banco Santander from a strong sell rating to a sell rating in a report on Thursday, November 1st. Finally, Goldman Sachs Group raised shares of Banco Santander to a buy rating and set a $6.00 price target on the stock in a report on Saturday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $6.75.

Banco Santander stock opened at $4.53 on Thursday. The company has a debt-to-equity ratio of 4.05, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $72.66 billion, a P/E ratio of 8.24, a PEG ratio of 1.50 and a beta of 1.09. Banco Santander has a 1-year low of $4.21 and a 1-year high of $7.10.

Banco Santander (NYSE:SAN) last posted its earnings results on Tuesday, January 29th. The bank reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.01). The firm had revenue of $14.31 billion for the quarter. Banco Santander had a return on equity of 7.56% and a net margin of 16.13%. Research analysts expect that Banco Santander will post 0.54 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, February 8th. Stockholders of record on Thursday, January 31st were issued a $0.0746 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date of this dividend was Wednesday, January 30th. Banco Santander’s payout ratio is 41.82%.

Several large investors have recently modified their holdings of the company. Lenox Wealth Management Inc. grew its holdings in shares of Banco Santander by 1,064.1% during the 4th quarter. Lenox Wealth Management Inc. now owns 5,844 shares of the bank’s stock valued at $26,000 after purchasing an additional 5,342 shares during the last quarter. Ipswich Investment Management Co. Inc. bought a new position in shares of Banco Santander during the 4th quarter valued at $30,000. Parallel Advisors LLC grew its holdings in shares of Banco Santander by 76.5% during the 4th quarter. Parallel Advisors LLC now owns 9,606 shares of the bank’s stock valued at $43,000 after purchasing an additional 4,164 shares during the last quarter. Legacy Financial Advisors Inc. grew its holdings in shares of Banco Santander by 459.0% during the 4th quarter. Legacy Financial Advisors Inc. now owns 10,102 shares of the bank’s stock valued at $45,000 after purchasing an additional 8,295 shares during the last quarter. Finally, Wells Trecaso Financial Group LLC bought a new position in shares of Banco Santander during the 4th quarter valued at $46,000. 1.70% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander Company Profile

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages, auto finance, and personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.

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