Fmr LLC Takes $227,000 Position in Banco Santander, S.A. (SAN)
Fmr LLC bought a new stake in shares of Banco Santander, S.A. (NYSE:SAN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 33,917 shares of the company’s stock, valued at approximately $227,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SAN. Todd Asset Management LLC boosted its position in Banco Santander, by 44.9% during the 2nd quarter. Todd Asset Management LLC now owns 3,574,941 shares of the company’s stock valued at $23,916,000 after acquiring an additional 1,107,295 shares in the last quarter. Aperio Group LLC boosted its position in Banco Santander, by 17.0% during the 2nd quarter. Aperio Group LLC now owns 4,088,869 shares of the company’s stock valued at $27,355,000 after acquiring an additional 593,204 shares in the last quarter. WBI Investments Inc. bought a new stake in Banco Santander, during the 2nd quarter valued at $3,171,000. Russell Investments Group Ltd. bought a new stake in Banco Santander, during the 2nd quarter valued at $2,888,000. Finally, Stevens Capital Management LP bought a new stake in Banco Santander, during the 2nd quarter valued at $1,727,000. 1.34% of the stock is currently owned by institutional investors and hedge funds.
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Shares of Banco Santander, S.A. (NYSE:SAN) opened at C$6.46 on Monday. Banco Santander, S.A. has a twelve month low of C$4.40 and a twelve month high of C$6.99. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.88. The company has a market capitalization of $94,201.92, a price-to-earnings ratio of 12.92, a PEG ratio of 1.29 and a beta of 1.40.
Banco Santander, (NYSE:SAN) last issued its earnings results on Thursday, October 26th. The company reported C$0.14 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of C$0.14. The company had revenue of C$14.39 billion during the quarter. Banco Santander, had a return on equity of 6.86% and a net margin of 14.06%. sell-side analysts expect that Banco Santander, S.A. will post 0.55 earnings per share for the current year.
Several analysts have recently commented on the company. ValuEngine lowered Banco Santander, from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Banco Santander, from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of Banco Santander, in a report on Tuesday, August 15th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of C$16.63.
About Banco Santander,
Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.
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