24,574 Shares in Banco Santander, S.A. (NYSE:SAN) Acquired by Abel Hall LLC

Abel Hall LLC acquired a new position in shares of Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 24,574 shares of the bank’s stock, valued at approximately $102,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its stake in Banco Santander by 41.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 14,148,083 shares of the bank’s stock worth $58,699,000 after acquiring an additional 4,139,669 shares during the last quarter. FMR LLC lifted its stake in Banco Santander by 1.4% in the third quarter. FMR LLC now owns 9,217,199 shares of the bank’s stock valued at $34,657,000 after buying an additional 124,106 shares in the last quarter. Optiver Holding B.V. lifted its stake in Banco Santander by 770.4% in the third quarter. Optiver Holding B.V. now owns 7,722,405 shares of the bank’s stock valued at $29,036,000 after buying an additional 6,835,153 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Banco Santander by 6.9% in the third quarter. American Century Companies Inc. now owns 3,008,881 shares of the bank’s stock worth $11,313,000 after purchasing an additional 193,323 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Banco Santander by 20.0% in the fourth quarter. QRG Capital Management Inc. now owns 1,112,792 shares of the bank’s stock worth $4,607,000 after purchasing an additional 185,201 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Analyst Ratings Changes

SAN has been the topic of a number of research reports. Barclays raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 25th. StockNews.com lowered shares of Banco Santander from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

Banco Santander Stock Down 1.9 %

Shares of SAN stock traded down $0.09 during trading on Friday, reaching $4.64. The company’s stock had a trading volume of 4,576,015 shares, compared to its average volume of 1,930,152. The company has a market cap of $73.43 billion, a price-to-earnings ratio of 6.45, a price-to-earnings-growth ratio of 0.40 and a beta of 1.17. Banco Santander, S.A. has a one year low of $3.32 and a one year high of $5.27. The business has a fifty day moving average price of $4.98 and a 200-day moving average price of $4.48. The company has a quick ratio of 0.35, a current ratio of 2.27 and a debt-to-equity ratio of 13.96.

Banco Santander (NYSE:SAN) last issued its earnings results on Tuesday, April 30th. The bank reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The firm had revenue of $16.34 billion for the quarter. Banco Santander had a return on equity of 10.95% and a net margin of 14.98%. Analysts anticipate that Banco Santander, S.A. will post 0.82 earnings per share for the current year.

Banco Santander 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.