KCS Wealth Advisory acquired a new stake in Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,595 shares of the bank’s stock, valued at approximately $109,000.

Other institutional investors have also made changes to their positions in the company. Keybank National Association OH purchased a new position in shares of Banco Santander in the third quarter valued at about $107,000. Rhumbline Advisers purchased a new position in shares of Banco Santander in the second quarter valued at about $108,000. Park Avenue Securities LLC purchased a new position in shares of Banco Santander in the third quarter valued at about $132,000. Capital Wealth Planning LLC purchased a new position in shares of Banco Santander in the third quarter valued at about $139,000. Finally, ETRADE Capital Management LLC lifted its position in shares of Banco Santander by 35.8% in the second quarter. ETRADE Capital Management LLC now owns 23,481 shares of the bank’s stock valued at $157,000 after acquiring an additional 6,185 shares in the last quarter. Institutional investors and hedge funds own 1.25% of the company’s stock.

Shares of Banco Santander, S.A. (SAN) opened at $7.17 on Friday. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market capitalization of $114,910.00, a PE ratio of 13.04, a P/E/G ratio of 1.38 and a beta of 1.40. Banco Santander, S.A. has a 52-week low of $5.24 and a 52-week high of $7.20.

Banco Santander (NYSE:SAN) last posted its earnings results on Thursday, October 26th. The bank reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. The company had revenue of $14.39 billion for the quarter. Banco Santander had a return on equity of 6.86% and a net margin of 14.06%. analysts anticipate that Banco Santander, S.A. will post 0.55 EPS for the current fiscal year.

Several brokerages have recently commented on SAN. Zacks Investment Research downgraded Banco Santander from a “buy” rating to a “hold” rating in a research report on Friday, September 29th. Goldman Sachs Group upgraded Banco Santander from a “neutral” rating to a “buy” rating and set a $6.20 price objective on the stock in a research report on Friday, November 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $13.15.

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Banco Santander Profile

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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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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