Banco Santander, S.A. (NYSE:SAN) Shares Acquired by Todd Asset Management LLC

Todd Asset Management LLC boosted its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 0.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,896,192 shares of the bank’s stock after purchasing an additional 45,326 shares during the quarter. Todd Asset Management LLC owned approximately 0.06% of Banco Santander worth $40,567,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Banco Santander during the 4th quarter valued at approximately $27,000. Sierra Ocean LLC acquired a new position in Banco Santander during the 4th quarter valued at approximately $32,000. Advisors Preferred LLC acquired a new position in Banco Santander during the 4th quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB acquired a new position in Banco Santander during the 3rd quarter valued at approximately $45,000. Finally, CogentBlue Wealth Advisors LLC bought a new stake in Banco Santander during the 4th quarter valued at $50,000. Institutional investors and hedge funds own 9.19% of the company’s stock.

Banco Santander Stock Up 2.1 %

SAN opened at $6.16 on Tuesday. Banco Santander, S.A. has a one year low of $4.07 and a one year high of $6.22. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. The stock’s fifty day moving average is $5.08 and its 200-day moving average is $4.93. The company has a market capitalization of $93.26 billion, a PE ratio of 7.42, a P/E/G ratio of 0.77 and a beta of 1.12.

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

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th. StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group downgraded Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently 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.