OxFORD Asset Management LLP Raises Stake in Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX)

OxFORD Asset Management LLP grew its position in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) by 523.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 280,371 shares of the bank’s stock after purchasing an additional 235,372 shares during the period. OxFORD Asset Management LLP’s holdings in Grupo Financiero Santander Mexico S.A. B. de C.V. were worth $2,829,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BSMX. State Street Corp lifted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 2.9% in the 2nd quarter. State Street Corp now owns 45,899 shares of the bank’s stock valued at $442,000 after acquiring an additional 1,300 shares during the last quarter. Aperio Group LLC grew its holdings in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 10.5% during the 2nd quarter. Aperio Group LLC now owns 58,074 shares of the bank’s stock worth $560,000 after acquiring an additional 5,518 shares during the period. Sei Investments Co. grew its holdings in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 16.6% during the 2nd quarter. Sei Investments Co. now owns 49,192 shares of the bank’s stock worth $474,000 after acquiring an additional 6,992 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 4.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 249,125 shares of the bank’s stock worth $2,402,000 after acquiring an additional 10,873 shares during the period. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the 3rd quarter worth approximately $119,000. 29.45% of the stock is owned by hedge funds and other institutional investors.

Shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) traded up $0.32 during trading on Tuesday, hitting $7.63. The stock had a trading volume of 3,547,620 shares, compared to its average volume of 4,189,450. The stock has a market capitalization of $4,856.89, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 1.49 and a beta of 1.36. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.87. Grupo Financiero Santander Mexico S.A. B. de C.V. has a 52-week low of $6.89 and a 52-week high of $10.82.

The company also recently disclosed a None dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Tuesday, December 26th will be paid a $0.18 dividend. This represents a yield of 4.94%. The ex-dividend date is Friday, December 22nd. Grupo Financiero Santander Mexico S.A. B. de C.V.’s payout ratio is currently 107.35%.

BSMX has been the topic of a number of analyst reports. ValuEngine cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “hold” rating in a research report on Sunday. BidaskClub cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Zacks Investment Research cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 19th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Financiero Santander Mexico S.A. B. de C.V. in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $10.53.

TRADEMARK VIOLATION NOTICE: This report was posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this report on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this report can be viewed at https://www.truebluetribune.com/2018/01/03/grupo-financiero-santander-mexico-s-a-b-de-c-v-bsmx-shares-bought-by-oxford-asset-management-llp.html.

Grupo Financiero Santander Mexico S.A. B. de C.V. Company Profile

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

Institutional Ownership by Quarter for Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX)

Receive News & Ratings for Grupo Financiero Santander Mexico S.A. B. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Santander Mexico S.A. B. de C.V. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply