Banco Santander, S.A. $SAN Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its stake in shares of Banco Santander, S.A. (NYSE:SANFree Report) by 269.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,409 shares of the bank’s stock after purchasing an additional 46,264 shares during the quarter. Hantz Financial Services Inc.’s holdings in Banco Santander were worth $665,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Chevy Chase Trust Holdings LLC lifted its stake in Banco Santander by 22.0% during the second quarter. Chevy Chase Trust Holdings LLC now owns 14,482,986 shares of the bank’s stock worth $120,209,000 after purchasing an additional 2,607,392 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of Banco Santander by 2,038,075.5% in the second quarter. Lazard Asset Management LLC now owns 7,643,158 shares of the bank’s stock valued at $63,438,000 after buying an additional 7,642,783 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Banco Santander by 85.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,552,931 shares of the bank’s stock valued at $58,195,000 after acquiring an additional 2,551,675 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Banco Santander by 68.5% during the second quarter. Bank of America Corp DE now owns 4,778,086 shares of the bank’s stock worth $39,658,000 after purchasing an additional 1,942,579 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of Banco Santander by 9.5% in the 2nd quarter. American Century Companies Inc. now owns 3,614,912 shares of the bank’s stock worth $30,004,000 after acquiring an additional 315,032 shares during the period. 9.19% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Banco Santander

Here are the key news stories impacting Banco Santander this week:

Banco Santander Stock Up 3.9%

Shares of SAN stock opened at $12.71 on Friday. The company has a market cap of $189.19 billion, a P/E ratio of 12.58, a PEG ratio of 0.75 and a beta of 0.72. The business has a 50 day moving average of $11.91 and a two-hundred day moving average of $10.57. Banco Santander, S.A. has a 52 week low of $5.54 and a 52 week high of $13.11.

Banco Santander (NYSE:SANGet Free Report) last posted its earnings results on Tuesday, February 3rd. The bank reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. The firm had revenue of $18.90 billion during the quarter, compared to analysts’ expectations of $15.89 billion. Banco Santander had a net margin of 18.85% and a return on equity of 12.14%. Analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on SAN shares. DZ Bank lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 18th. The Goldman Sachs Group downgraded shares of Banco Santander from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, October 16th. Barclays downgraded Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Santander in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Check Out Our Latest Research Report on Banco Santander

About Banco Santander

(Free Report)

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.

See Also

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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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