Banco Santander, S.A. (SAN) Holdings Lowered by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC lowered its position in shares of Banco Santander, S.A. (NYSE:SAN) by 13.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,633 shares of the bank’s stock after selling 13,591 shares during the quarter. Quattro Financial Advisors LLC’s holdings in Banco Santander were worth $601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in shares of Banco Santander by 4.4% during the 1st quarter. Fisher Asset Management LLC now owns 89,191,178 shares of the bank’s stock worth $584,202,000 after buying an additional 3,754,108 shares in the last quarter. Northern Trust Corp lifted its position in shares of Banco Santander by 12.0% during the 1st quarter. Northern Trust Corp now owns 15,999,997 shares of the bank’s stock worth $104,799,000 after buying an additional 1,719,499 shares in the last quarter. Masters Capital Management LLC lifted its position in shares of Banco Santander by 20.0% during the 4th quarter. Masters Capital Management LLC now owns 6,000,000 shares of the bank’s stock worth $39,240,000 after buying an additional 1,000,000 shares in the last quarter. Aperio Group LLC lifted its position in shares of Banco Santander by 13.9% during the 1st quarter. Aperio Group LLC now owns 5,179,794 shares of the bank’s stock worth $33,928,000 after buying an additional 631,040 shares in the last quarter. Finally, Todd Asset Management LLC lifted its position in shares of Banco Santander by 4.6% during the 1st quarter. Todd Asset Management LLC now owns 3,618,759 shares of the bank’s stock worth $23,703,000 after buying an additional 158,841 shares in the last quarter. 1.54% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:SAN opened at $5.58 on Thursday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 10.76. The company has a market capitalization of $91.91 billion, a P/E ratio of 10.71 and a beta of 1.54. Banco Santander, S.A. has a 12 month low of $5.25 and a 12 month high of $7.57.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Tuesday, April 24th. The bank reported $0.15 EPS for the quarter. The company had revenue of $14.93 billion for the quarter. Banco Santander had a net margin of 14.09% and a return on equity of 7.39%. sell-side analysts expect that Banco Santander, S.A. will post 0.57 EPS for the current year.

Several equities analysts have commented on SAN shares. Zacks Investment Research cut shares of Banco Santander from a “hold” rating to a “sell” rating in a research report on Tuesday, February 20th. ValuEngine raised shares of Banco Santander from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 7th. Finally, Keefe, Bruyette & Woods raised shares of Banco Santander from a “market perform” rating to an “outperform” rating in a research report on Friday, March 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Banco Santander presently has an average rating of “Hold” and a consensus target price of $6.85.

Banco Santander Profile

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages, auto finance, and personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.

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

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