Banco Santander, S.A. (NYSE:SAN) Shares Bought by Atria Investments Inc

Atria Investments Inc increased its holdings in Banco Santander, S.A. (NYSE:SAN) by 50.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,073 shares of the bank’s stock after purchasing an additional 9,085 shares during the period. Atria Investments Inc’s holdings in Banco Santander were worth $138,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

SAN has been the topic of several recent analyst reports. UBS Group upgraded Banco Santander from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 4th. StockNews.com cut Banco Santander from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th.

Banco Santander Trading Down 4.0 %

Shares of NYSE SAN opened at $4.55 on Monday. The stock’s 50 day moving average price is $4.93 and its two-hundred day moving average price is $4.88. Banco Santander, S.A. has a 52-week low of $3.83 and a 52-week high of $5.27. The stock has a market capitalization of $72.01 billion, a P/E ratio of 5.69, a PEG ratio of 0.45 and a beta of 1.14. 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 Cuts Dividend

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