Banco Santander, S.A. (NYSE:SAN) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC cut its position in Banco Santander, S.A. (NYSE:SAN) by 3.7% during the 4th quarter, HoldingsChannel reports. The firm owned 57,444 shares of the bank’s stock after selling 2,208 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Banco Santander were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SRS Capital Advisors Inc. boosted its position in shares of Banco Santander by 40.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 14,618 shares of the bank’s stock worth $67,000 after buying an additional 4,241 shares during the period. Smartleaf Asset Management LLC raised its stake in Banco Santander by 62.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 105,415 shares of the bank’s stock valued at $479,000 after acquiring an additional 40,438 shares in the last quarter. Capital Wealth Planning LLC grew its stake in shares of Banco Santander by 8.8% in the fourth quarter. Capital Wealth Planning LLC now owns 422,967 shares of the bank’s stock worth $1,929,000 after purchasing an additional 34,352 shares in the last quarter. US Bancorp DE increased its holdings in shares of Banco Santander by 3.1% during the fourth quarter. US Bancorp DE now owns 451,807 shares of the bank’s stock valued at $2,060,000 after purchasing an additional 13,737 shares during the period. Finally, SVB Wealth LLC bought a new stake in shares of Banco Santander during the fourth quarter valued at about $315,000. 9.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Banco Santander Stock Performance

NYSE:SAN opened at $6.65 on Thursday. The company has a 50-day moving average of $5.34 and a 200-day moving average of $5.02. The firm has a market cap 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 has a current ratio of 2.24, a quick ratio of 0.23 and a debt-to-equity ratio of 13.83. Banco Santander, S.A. has a twelve month low of $4.19 and a twelve month high of $6.67.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. Analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal 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.