Banco Santander, S.A. (NYSE:SAN) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in Banco Santander, S.A. (NYSE:SAN) by 5.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,399,228 shares of the bank’s stock after purchasing an additional 73,204 shares during the quarter. Natixis Advisors LLC’s holdings in Banco Santander were worth $7,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Carrera Capital Advisors lifted its holdings in Banco Santander by 13.4% in the third quarter. Carrera Capital Advisors now owns 529,474 shares of the bank’s stock worth $2,700,000 after purchasing an additional 62,435 shares during the period. Apollon Wealth Management LLC raised its position in shares of Banco Santander by 3.8% during the 3rd quarter. Apollon Wealth Management LLC now owns 99,718 shares of the bank’s stock worth $509,000 after buying an additional 3,663 shares in the last quarter. Catalytic Wealth RIA LLC bought a new stake in shares of Banco Santander during the 3rd quarter worth about $70,000. Crossmark Global Holdings Inc. raised its position in shares of Banco Santander by 8.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,002,897 shares of the bank’s stock worth $5,115,000 after buying an additional 77,366 shares in the last quarter. Finally, Atria Investments Inc raised its position in shares of Banco Santander by 50.5% during the 3rd quarter. Atria Investments Inc now owns 27,073 shares of the bank’s stock worth $138,000 after buying an additional 9,085 shares in the last quarter. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. StockNews.com downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Wednesday. UBS Group raised shares of Banco Santander from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 4th.

Banco Santander Stock Performance

SAN stock opened at $4.74 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. The company has a market capitalization of $75.01 billion, a price-to-earnings ratio of 5.93, a P/E/G ratio of 0.45 and a beta of 1.14. Banco Santander, S.A. has a 12 month low of $3.83 and a 12 month high of $5.27. The firm has a 50 day moving average of $4.94 and a two-hundred day moving average of $4.88.

Banco Santander Cuts Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 6th. Stockholders of record on Thursday, October 31st were paid a $0.08 dividend. This represents a dividend yield of 3%. The ex-dividend date was Thursday, October 31st. Banco Santander’s payout ratio is 20.00%.

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.