Cwm LLC Grows Holdings in Banco Santander, S.A. (NYSE:SAN)

Cwm LLC boosted its holdings in shares of Banco Santander, S.A. (NYSE:SAN) by 10.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 30,757 shares of the bank’s stock after purchasing an additional 2,896 shares during the period. Cwm LLC’s holdings in Banco Santander were worth $127,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SAN. FMR LLC lifted its position in Banco Santander by 1.4% during the 3rd quarter. FMR LLC now owns 9,217,199 shares of the bank’s stock worth $34,657,000 after acquiring an additional 124,106 shares during the period. Optiver Holding B.V. boosted its holdings in shares of Banco Santander by 770.4% in the third quarter. Optiver Holding B.V. now owns 7,722,405 shares of the bank’s stock valued at $29,036,000 after acquiring an additional 6,835,153 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Banco Santander by 6.9% during the third quarter. American Century Companies Inc. now owns 3,008,881 shares of the bank’s stock worth $11,313,000 after acquiring an additional 193,323 shares during the period. Natixis Advisors L.P. raised its holdings in Banco Santander by 7.0% during the third quarter. Natixis Advisors L.P. now owns 928,648 shares of the bank’s stock worth $3,492,000 after purchasing an additional 61,052 shares in the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in Banco Santander in the third quarter valued at about $3,488,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Barclays raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 25th.

Banco Santander Stock Performance

NYSE:SAN opened at $4.83 on Monday. The stock has a market cap of $76.44 billion, a PE ratio of 6.71, a price-to-earnings-growth ratio of 0.46 and a beta of 1.19. Banco Santander, S.A. has a fifty-two week low of $3.20 and a fifty-two week high of $5.17. The firm’s fifty day simple moving average is $4.63 and its 200-day simple moving average is $4.22. The company has a quick ratio of 0.35, a current ratio of 2.27 and a debt-to-equity ratio of 13.96.

Banco Santander Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.1027 per share. This is a positive change from Banco Santander’s previous semi-annual dividend of $0.09. The ex-dividend date of this dividend is Monday, April 29th. This represents a dividend yield of 3.2%. Banco Santander’s payout ratio is 19.44%.

About Banco Santander

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.