Quattro Financial Advisors LLC Makes New $132,000 Investment in Banco Santander, S.A. (NYSE:SAN)

Quattro Financial Advisors LLC purchased a new position in shares of Banco Santander, S.A. (NYSE:SAN) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 27,000 shares of the bank’s stock, valued at approximately $132,000.

Other large investors have also made changes to their positions in the company. Groupama Asset Managment bought a new stake in Banco Santander during the third quarter worth $53,000. FMR LLC lifted its position in shares of Banco Santander by 33.9% during the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock worth $106,558,000 after buying an additional 5,290,236 shares during the last quarter. Chevy Chase Trust Holdings LLC acquired a new stake in Banco Santander in the third quarter valued at about $22,500,000. Fisher Asset Management LLC grew its position in Banco Santander by 1.4% in the third quarter. Fisher Asset Management LLC now owns 143,585,152 shares of the bank’s stock valued at $732,284,000 after acquiring an additional 2,011,150 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Banco Santander by 55.5% in the third quarter. JPMorgan Chase & Co. now owns 3,301,711 shares of the bank’s stock worth $16,839,000 after acquiring an additional 1,178,449 shares during the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SAN. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th. StockNews.com upgraded Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday.

Banco Santander Stock Performance

Banco Santander stock opened at $5.64 on Friday. The business has a 50 day moving average of $4.81 and a 200-day moving average of $4.83. The company has a debt-to-equity ratio of 13.83, a current ratio of 2.24 and a quick ratio of 0.23. Banco Santander, S.A. has a 1 year low of $3.87 and a 1 year high of $5.82. The company has a market capitalization of $89.18 billion, a P/E ratio of 6.79, a P/E/G ratio of 0.73 and a beta of 1.12.

Banco Santander (NYSE:SAN) last released its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, equities research analysts predict that Banco Santander, S.A. will post 0.83 earnings per share for the current 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.