69,154 Shares in Banco Santander, S.A. (NYSE:SAN) Acquired by SVB Wealth LLC

SVB Wealth LLC purchased a new position in shares of Banco Santander, S.A. (NYSE:SAN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 69,154 shares of the bank’s stock, valued at approximately $315,000.

Several other large investors also recently made changes to their positions in SAN. US Bancorp DE increased its position in shares of Banco Santander by 6.9% in the third quarter. US Bancorp DE now owns 438,070 shares of the bank’s stock worth $2,234,000 after acquiring an additional 28,350 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of Banco Santander by 11.5% in the third quarter. Verdence Capital Advisors LLC now owns 42,291 shares of the bank’s stock worth $216,000 after acquiring an additional 4,373 shares in the last quarter. Atria Investments Inc increased its position in shares of Banco Santander by 50.5% in the third quarter. Atria Investments Inc now owns 27,073 shares of the bank’s stock worth $138,000 after acquiring an additional 9,085 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Banco Santander by 8.4% in the third quarter. Crossmark Global Holdings Inc. now owns 1,002,897 shares of the bank’s stock worth $5,115,000 after acquiring an additional 77,366 shares in the last quarter. Finally, Catalytic Wealth RIA LLC purchased a new position in shares of Banco Santander in the third quarter valued at $70,000. Institutional investors and hedge funds own 9.19% of the company’s stock.

Banco Santander Trading Up 4.3 %

NYSE SAN opened at $6.65 on Thursday. Banco Santander, S.A. has a 12 month low of $4.19 and a 12 month high of $6.67. The company has a debt-to-equity ratio of 13.83, a current ratio of 2.24 and a quick ratio of 0.23. The company has a market capitalization of $100.69 billion, a price-to-earnings ratio of 8.01, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09. The company’s fifty day moving average price is $5.34 and its two-hundred day moving average price is $5.02.

Banco Santander (NYSE:SAN) last posted its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. As a group, research analysts predict that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

SAN has been the subject of several analyst reports. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group downgraded shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Keefe, Bruyette & Woods upgraded shares of Banco Santander from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 24th. Finally, StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Banco Santander has an average rating of “Buy”.

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.