GFS Advisors LLC Acquires Shares of 27,256 Banco Santander, S.A. (NYSE:SAN)

GFS Advisors LLC bought a new position in shares of Banco Santander, S.A. (NYSE:SAN) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,256 shares of the bank’s stock, valued at approximately $124,000.

Other institutional investors also recently modified their holdings of the company. Sei Investments Co. boosted its holdings in Banco Santander by 4.4% in the 2nd quarter. Sei Investments Co. now owns 493,836 shares of the bank’s stock valued at $2,286,000 after purchasing an additional 20,897 shares during the period. Bank of Montreal Can boosted its stake in shares of Banco Santander by 80.5% in the second quarter. Bank of Montreal Can now owns 177,311 shares of the bank’s stock valued at $830,000 after buying an additional 79,063 shares during the period. AQR Capital Management LLC grew its position in Banco Santander by 26.9% during the second quarter. AQR Capital Management LLC now owns 165,272 shares of the bank’s stock worth $765,000 after buying an additional 35,026 shares in the last quarter. Creative Planning increased its stake in Banco Santander by 8.7% during the 2nd quarter. Creative Planning now owns 1,182,123 shares of the bank’s stock worth $5,473,000 after acquiring an additional 94,152 shares during the period. Finally, B. Riley Wealth Advisors Inc. raised its holdings in Banco Santander by 22.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 12,722 shares of the bank’s stock valued at $59,000 after acquiring an additional 2,303 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Banco Santander Trading Down 2.4 %

Shares of SAN opened at $5.08 on Friday. The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.23 and a current ratio of 0.33. Banco Santander, S.A. has a 52-week low of $3.87 and a 52-week high of $5.27. The firm has a market cap of $80.31 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 0.63 and a beta of 1.11. The business’s fifty day moving average is $4.74 and its 200-day moving average is $4.81.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SAN shares. Morgan Stanley upgraded Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th. StockNews.com cut shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Tuesday, January 21st.

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.