Masters Capital Management LLC lifted its holdings in shares of Banco Santander, S.A. (NYSE:SAN) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,000,000 shares of the bank’s stock after purchasing an additional 1,000,000 shares during the period. Banco Santander accounts for 0.9% of Masters Capital Management LLC’s holdings, making the stock its 28th biggest holding. Masters Capital Management LLC’s holdings in Banco Santander were worth $39,240,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the company. Fisher Asset Management LLC lifted its holdings in shares of Banco Santander by 5.0% during the fourth quarter. Fisher Asset Management LLC now owns 85,437,070 shares of the bank’s stock worth $558,758,000 after purchasing an additional 4,053,462 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in Banco Santander by 15.3% in the third quarter. Parametric Portfolio Associates LLC now owns 8,617,017 shares of the bank’s stock valued at $59,802,000 after buying an additional 1,141,920 shares during the period. Aperio Group LLC lifted its holdings in Banco Santander by 7.1% in the fourth quarter. Aperio Group LLC now owns 4,548,754 shares of the bank’s stock valued at $29,749,000 after buying an additional 300,978 shares during the period. Axiom International Investors LLC DE lifted its holdings in Banco Santander by 6.2% in the third quarter. Axiom International Investors LLC DE now owns 2,663,610 shares of the bank’s stock valued at $18,485,000 after buying an additional 154,900 shares during the period. Finally, Clearbridge Investments LLC lifted its holdings in Banco Santander by 3.4% in the fourth quarter. Clearbridge Investments LLC now owns 1,889,195 shares of the bank’s stock valued at $12,355,000 after buying an additional 62,234 shares during the period. Institutional investors own 1.24% of the company’s stock.
Several research firms recently issued reports on SAN. Zacks Investment Research lowered shares of Banco Santander from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. ValuEngine upgraded shares of Banco Santander from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 7th. Finally, Goldman Sachs Group upgraded shares of Banco Santander from a “neutral” rating to a “buy” rating and set a $6.20 target price on the stock in a report on Friday, November 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $13.15.
Banco Santander (NYSE:SAN) last announced its quarterly earnings data on Wednesday, January 31st. The bank reported $0.13 earnings per share for the quarter. Banco Santander had a net margin of 13.66% and a return on equity of 7.21%. The firm had revenue of $14.21 billion for the quarter. sell-side analysts forecast that Banco Santander, S.A. will post 0.58 EPS for the current fiscal year.
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Banco Santander Company Profile
Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.
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