Fiduciary Financial Group LLC Grows Stake in Banco Santander, S.A. (NYSE:SAN)

Fiduciary Financial Group LLC grew its position in Banco Santander, S.A. (NYSE:SAN) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,882 shares of the bank’s stock after purchasing an additional 2,461 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Banco Santander were worth $87,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Banco Santander during the third quarter worth $45,000. Brookstone Capital Management acquired a new stake in shares of Banco Santander during the third quarter worth $54,000. AE Wealth Management LLC acquired a new stake in shares of Banco Santander during the second quarter worth $50,000. Joel Isaacson & Co. LLC acquired a new stake in shares of Banco Santander during the third quarter worth $55,000. Finally, Quantinno Capital Management LP acquired a new stake in shares of Banco Santander during the third quarter worth $60,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SAN. StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 26th.

Banco Santander Trading Up 1.2 %

NYSE SAN opened at $4.87 on Thursday. The company has a market capitalization of $77.07 billion, a PE ratio of 6.09, a P/E/G ratio of 0.46 and a beta of 1.11. The company has a fifty day moving average of $4.68 and a 200 day moving average of $4.79. Banco Santander, S.A. has a 1 year low of $3.83 and a 1 year high of $5.27. The company has a debt-to-equity ratio of 3.08, a current ratio of 0.33 and a quick ratio of 0.23.

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.