West Family Investments Inc. Has $197,000 Position in Banco Santander, S.A. (NYSE:SAN)

West Family Investments Inc. increased its holdings in Banco Santander, S.A. (NYSE:SAN) by 35.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,575 shares of the bank’s stock after purchasing an additional 10,076 shares during the period. West Family Investments Inc.’s holdings in Banco Santander were worth $197,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rothschild Investment LLC acquired a new stake in shares of Banco Santander during the second quarter worth approximately $33,000. Planned Solutions Inc. acquired a new stake in Banco Santander during the 2nd quarter valued at $47,000. Brookstone Capital Management bought a new position in Banco Santander in the 3rd quarter valued at $54,000. AE Wealth Management LLC acquired a new position in Banco Santander in the second quarter worth $50,000. Finally, Joel Isaacson & Co. LLC acquired a new stake in shares of Banco Santander in the third quarter valued at $55,000. Institutional investors own 9.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SAN shares. StockNews.com lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Wednesday. UBS Group upgraded Banco Santander from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 4th.

Banco Santander Trading Down 0.8 %

NYSE:SAN opened at $4.76 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. Banco Santander, S.A. has a twelve month low of $3.83 and a twelve month high of $5.27. The company has a market cap of $75.33 billion, a P/E ratio of 5.95, a price-to-earnings-growth ratio of 0.45 and a beta of 1.14. The business has a 50 day moving average price of $4.94 and a two-hundred day moving average price of $4.88.

Banco Santander Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Wednesday, November 6th. Shareholders of record on Thursday, October 31st were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a yield of 3%. Banco Santander’s dividend payout ratio (DPR) is presently 18.75%.

Banco Santander Company Profile

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.