Quattro Financial Advisors LLC Purchases New Holdings in Banco Santander, S.A. (NYSE:SAN)

Quattro Financial Advisors LLC purchased a new stake in shares of Banco Santander, S.A. (NYSE:SAN) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 27,000 shares of the bank’s stock, valued at approximately $131,000.

A number of other large investors have also bought and sold shares of SAN. CIBC Private Wealth Group LLC grew its position in shares of Banco Santander by 41.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 14,148,083 shares of the bank’s stock valued at $58,699,000 after purchasing an additional 4,139,669 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Banco Santander by 658.7% in the fourth quarter. BNP Paribas Financial Markets now owns 1,072,836 shares of the bank’s stock valued at $4,442,000 after purchasing an additional 931,429 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Banco Santander by 6.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 15,786,825 shares of the bank’s stock valued at $65,357,000 after purchasing an additional 892,960 shares in the last quarter. RWA Wealth Partners LLC purchased a new position in shares of Banco Santander in the fourth quarter valued at $3,397,000. Finally, Lockheed Martin Investment Management Co. bought a new stake in Banco Santander during the fourth quarter valued at $2,153,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on SAN. StockNews.com lowered Banco Santander from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 22nd. Barclays raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 25th.

Banco Santander Price Performance

SAN stock traded down $0.11 during mid-day trading on Tuesday, hitting $4.64. 1,613,988 shares of the stock were exchanged, compared to its average volume of 2,926,929. The company has a debt-to-equity ratio of 13.96, a current ratio of 2.27 and a quick ratio of 0.35. The business has a fifty day moving average price of $4.97 and a 200 day moving average price of $4.52. Banco Santander, S.A. has a 12 month low of $3.49 and a 12 month high of $5.27. The stock has a market capitalization of $73.43 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 0.40 and a beta of 1.16.

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

About Banco Santander

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.