Wealthstream Advisors Inc. Raises Stock Position in Banco Santander, S.A. (NYSE:SAN)

Wealthstream Advisors Inc. grew its position in Banco Santander, S.A. (NYSE:SAN) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,518 shares of the bank’s stock after buying an additional 3,684 shares during the period. Wealthstream Advisors Inc.’s holdings in Banco Santander were worth $176,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on SAN shares. 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 raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th. Finally, Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. One 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. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Banco Santander Stock Performance

Shares of Banco Santander stock opened at $6.05 on Monday. The stock has a market capitalization of $91.60 billion, a price-to-earnings ratio of 7.28, a price-to-earnings-growth ratio of 0.77 and a beta of 1.12. 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 business has a 50-day moving average of $5.05 and a 200 day moving average of $4.92. Banco Santander, S.A. has a 12 month low of $4.07 and a 12 month high of $6.19.

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

Banco Santander 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.