New Republic Capital LLC trimmed its holdings in shares of Banco Santander, S.A. (NYSE:SAN – Free Report) by 21.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,804 shares of the bank’s stock after selling 6,241 shares during the quarter. New Republic Capital LLC’s holdings in Banco Santander were worth $104,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SAN. R Squared Ltd acquired a new position in shares of Banco Santander in the fourth quarter worth approximately $27,000. Advisors Preferred LLC bought a new position in Banco Santander during the 4th quarter worth approximately $37,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Banco Santander in the 3rd quarter worth approximately $45,000. Groupama Asset Managment acquired a new stake in shares of Banco Santander during the third quarter worth $53,000. Finally, Echo45 Advisors LLC bought a new position in Banco Santander during the fourth quarter worth $53,000. 9.19% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have commented on SAN. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th. StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th.
Banco Santander Stock Up 4.2 %
Shares of NYSE SAN opened at $5.83 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 2.24 and a debt-to-equity ratio of 13.83. The firm has a market cap of $92.18 billion, a PE ratio of 7.02, a P/E/G ratio of 0.73 and a beta of 1.12. The company’s fifty day simple moving average is $4.85 and its 200 day simple moving average is $4.84. Banco Santander, S.A. has a 12-month low of $3.87 and a 12-month high of $5.83.
Banco Santander (NYSE:SAN – Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. As a group, sell-side analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal year.
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.
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