BigSur Wealth Management LLC Boosts Stock Position in Banco Santander, S.A. (NYSE:SAN)

BigSur Wealth Management LLC raised its position in Banco Santander, S.A. (NYSE:SAN) by 11.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,929 shares of the bank’s stock after acquiring an additional 3,381 shares during the quarter. BigSur Wealth Management LLC’s holdings in Banco Santander were worth $146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Clarius Group LLC grew its holdings in shares of Banco Santander by 23.8% in the fourth quarter. Clarius Group LLC now owns 34,048 shares of the bank’s stock valued at $155,000 after purchasing an additional 6,556 shares in the last quarter. Aaron Wealth Advisors LLC boosted its position in Banco Santander by 16.2% in the 4th quarter. Aaron Wealth Advisors LLC now owns 109,184 shares of the bank’s stock valued at $498,000 after buying an additional 15,204 shares during the period. Riversedge Advisors LLC grew its stake in shares of Banco Santander by 14.3% in the fourth quarter. Riversedge Advisors LLC now owns 17,220 shares of the bank’s stock worth $79,000 after acquiring an additional 2,148 shares in the last quarter. Merit Financial Group LLC increased its position in shares of Banco Santander by 82.3% during the fourth quarter. Merit Financial Group LLC now owns 24,153 shares of the bank’s stock worth $110,000 after acquiring an additional 10,907 shares during the period. Finally, Ritholtz Wealth Management raised its stake in shares of Banco Santander by 14.6% in the fourth quarter. Ritholtz Wealth Management now owns 423,105 shares of the bank’s stock valued at $1,929,000 after acquiring an additional 53,745 shares in the last quarter. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander Stock Performance

Shares of SAN stock opened at $4.91 on Monday. The company has a market cap of $77.62 billion, a P/E ratio of 6.13, a PEG ratio of 0.40 and a beta of 1.11. The firm has a fifty day moving average price of $4.68 and a 200 day moving average price of $4.80. The company has a current ratio of 0.33, a quick ratio of 0.23 and a debt-to-equity ratio of 3.08. Banco Santander, S.A. has a 12 month low of $3.83 and a 12 month high of $5.27.

Wall Street Analysts Forecast Growth

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

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.