Waldron Private Wealth LLC Increases Holdings in Banco Santander, S.A. (NYSE:SAN)

Waldron Private Wealth LLC raised its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 101.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,890 shares of the bank’s stock after buying an additional 14,566 shares during the quarter. Waldron Private Wealth LLC’s holdings in Banco Santander were worth $132,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Creative Planning raised its stake in Banco Santander by 13.5% during the third quarter. Creative Planning now owns 1,341,733 shares of the bank’s stock valued at $6,843,000 after buying an additional 159,610 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Banco Santander by 111.8% during the third quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank’s stock valued at $3,602,000 after buying an additional 372,690 shares during the last quarter. FMR LLC increased its holdings in shares of Banco Santander by 33.9% in the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock worth $106,558,000 after purchasing an additional 5,290,236 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Banco Santander by 143.0% in the 3rd quarter. HighTower Advisors LLC now owns 345,524 shares of the bank’s stock worth $1,757,000 after purchasing an additional 203,322 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Banco Santander by 47.4% in the 3rd quarter. Cerity Partners LLC now owns 668,343 shares of the bank’s stock worth $3,409,000 after purchasing an additional 214,868 shares in the last quarter. Hedge funds and other institutional investors own 9.19% of the company’s stock.

Banco Santander Stock Performance

Shares of SAN opened at $5.08 on Monday. 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, S.A. has a one year low of $3.87 and a one year high of $5.27. The firm has a market capitalization of $80.31 billion, a P/E ratio of 6.34, a PEG ratio of 0.63 and a beta of 1.11. The business has a fifty day moving average of $4.75 and a 200 day moving average of $4.81.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. StockNews.com lowered Banco Santander from a “buy” rating to a “hold” rating in a report on Tuesday, January 21st. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a 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.