Emerald Advisors LLC Invests $83,000 in Banco Santander, S.A. $SAN

Emerald Advisors LLC purchased a new position in shares of Banco Santander, S.A. (NYSE:SAN) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 10,000 shares of the bank’s stock, valued at approximately $83,000.

Other large investors also recently modified their holdings of the company. Wayfinding Financial LLC purchased a new stake in shares of Banco Santander during the 1st quarter worth approximately $28,000. TD Private Client Wealth LLC grew its stake in Banco Santander by 478.8% in the 2nd quarter. TD Private Client Wealth LLC now owns 5,203 shares of the bank’s stock valued at $43,000 after buying an additional 4,304 shares in the last quarter. Larson Financial Group LLC grew its stake in Banco Santander by 63.2% in the 1st quarter. Larson Financial Group LLC now owns 9,532 shares of the bank’s stock valued at $64,000 after buying an additional 3,693 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Banco Santander by 271.2% in the 1st quarter. Jones Financial Companies Lllp now owns 10,276 shares of the bank’s stock valued at $69,000 after buying an additional 7,508 shares in the last quarter. Finally, Park Capital Management LLC WI purchased a new position in Banco Santander in the 1st quarter valued at approximately $71,000. Hedge funds and other institutional investors own 9.19% of the company’s stock.

Banco Santander Price Performance

Shares of NYSE:SAN opened at $10.29 on Tuesday. The firm has a fifty day moving average price of $9.52 and a two-hundred day moving average price of $8.22. Banco Santander, S.A. has a one year low of $4.43 and a one year high of $10.40. The company has a market cap of $153.17 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 0.85 and a beta of 1.08.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04). Banco Santander had a net margin of 17.30% and a return on equity of 11.98%. The firm had revenue of $17.83 billion during the quarter, compared to the consensus estimate of $17.69 billion. Banco Santander has set its FY 2025 guidance at EPS. Equities research analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on SAN shares. Kepler Capital Markets lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. The Goldman Sachs Group upgraded shares of Banco Santander to a “strong-buy” rating in a research note on Thursday, September 25th. Finally, Citigroup initiated coverage on shares of Banco Santander in a report on Wednesday, June 4th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Banco Santander has an average rating of “Buy”.

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.