Banco Santander SA (san) Declares $0.04 Dividend
Banco Santander SA (NYSE:san) announced a dividend on Friday, October 7th. Investors of record on Monday, October 17th will be given a dividend of 0.038 per share on Monday, November 14th. The ex-dividend date of this dividend is Thursday, October 13th.
Shares of Banco Santander SA (NYSE:SAN) opened at 4.38 on Wednesday. Banco Santander SA has a 52-week low of $3.60 and a 52-week high of $5.83. The company has a market capitalization of $69.97 billion, a price-to-earnings ratio of 13.44 and a beta of 1.67. The company’s 50-day moving average price is $4.44 and its 200-day moving average price is $4.40.
A number of equities analysts recently commented on the company. Natixis upgraded Banco Santander SA from a “reduce” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research downgraded shares of Banco Santander SA from a “hold” rating to a “sell” rating in a research report on Thursday, July 21st. Barclays PLC upgraded shares of Banco Santander SA from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 6th. Citigroup Inc. restated a “buy” rating on shares of Banco Santander SA in a research report on Wednesday, July 20th. Finally, Goldman Sachs Group Inc. restated a “buy” rating on shares of Banco Santander SA in a research report on Wednesday, June 29th. Five investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company’s stock. Banco Santander SA currently has a consensus rating of “Hold” and a consensus target price of $4.50.
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Large investors have recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in Banco Santander SA by 154.0% in the second quarter. Sei Investments Co. now owns 30,985 shares of the company’s stock worth $122,000 after buying an additional 18,788 shares during the last quarter. Guardian Capital LP acquired a new stake in Banco Santander SA during the second quarter worth $259,000. Wetherby Asset Management Inc. boosted its position in shares of Banco Santander SA by 40.1% in the second quarter. Wetherby Asset Management Inc. now owns 156,855 shares of the company’s stock worth $615,000 after buying an additional 44,877 shares during the period. Advisor Group Inc. purchased a new position in shares of Banco Santander SA during the second quarter worth about $691,000. Finally, Raymond James & Associates boosted its position in shares of Banco Santander SA by 32.5% in the second quarter. Raymond James & Associates now owns 218,838 shares of the company’s stock worth $858,000 after buying an additional 53,693 shares during the period. Institutional investors own 0.64% of the company’s stock.
About Banco Santander SA
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.
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