Published: Tue, August 08, 2017
Money | By Armando Alvarado

Banco Santander, SA (NYSE:SAN) Rating Lowered to Buy at BidaskClub

Renaissance Technologies LLC raised its position in shares of Banco Santander, by 82.0% in the fourth quarter. Weybosset Research & Management LLC now owns 34,247 shares of the bank's stock valued at $229,000 after buying an additional 241 shares during the period. Sei Investments Co. now owns 338,463 shares of the bank's stock valued at $2,265,000 after buying an additional 244,832 shares during the period. FNY Partners Fund LP acquired a new stake in Banco Santander-Chile during the first quarter valued at approximately $125,000. O Shaughnessy Asset Management LLC now owns 4,879 shares of the bank's stock valued at $122,000 after buying an additional 967 shares in the last quarter. Finally, SOL Capital Management CO increased its position in shares of Banco Santander, by 3.5% in the first quarter. Hedge funds and other institutional investors own 1.25% of the company's stock.

Shares of Banco Santander, S.A.

While looking at the Stock's Performance, Banco Santander, S.A. now shows a Weekly Performance of 0.29%, where Monthly Performance is 0.44%, Quarterly performance is -1.86%, 6 Months performance is 19.93% and yearly performance percentage is 72.62%. The stock had a trading volume of 2,877,778 shares. Banco Santander Brasil SA has a 12 month low of $6.29 and a 12 month high of $11.75. The company has a market capitalization of $105.66 billion and a P/E ratio of 12.99. Company's 50 Day SMA is $7.83 and its 200 SMA is $8.90.

BidaskClub downgraded Banco Santander Brasil SA (NYSE:BSBR) from a buy recommendation to a hold recommendation in a study released on Fri, Jul 28th.

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The company has mean EPS estimate of 0.48 reported by 1 number of analyst for the quarter ending Current Qtr. Banco Santander - Chile ADS recently announced a dividend for shareholders that was paid on Fri May 5, 2017. The company had revenue of $704.02 million during the quarter, compared to analysts' expectations of $458.92 million. Credit Suisse Group reissued a neutral rating and issued a $26.00 price target (up previously from $25.00) on shares of Banco Santander-Chile in a research note on Wednesday, April 19th. The ex-dividend date was Wednesday the 19th of April 2017. The dividend was $0.268 per share for the quarter or $1.07 annualized. This is an increase from Banco Santander, 's previous quarterly dividend of $0.06. Banco Santander, 's dividend payout ratio is now 37.50%. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & global trademark & copyright legislation. The legal version of this article can be viewed at

Several other brokerages have also recently weighed in on BSAC. Bank of America Corporation raised Banco Santander, from an "underperform" rating to a "neutral" rating in a research report on Friday, June 9th. ValuEngine raised shares of Banco Santander, from a "buy" rating to a "strong-buy" rating in a report on Monday, July 17th. (The) increased their price target on Banco Santander-Chile from $23.00 to $26.00 and gave the company a neutral rating in a research note on Tuesday, May 2nd. The latest reports which are outstanding on Monday 7th of August state 0 analysts have a rating of "strong buy", 0 analysts "buy", 1 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $7.31 on the stock, this valuation is based on 1 number of opinions.

08/31/2016 - Banco Santander, S.A. was upgraded to "buy" by analysts at Deutsche Bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States.

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