Capital International Investors Purchases 237,825 Shares of Banco Santander, S.A. $SAN

Capital International Investors raised its position in shares of Banco Santander, S.A. (NYSE:SAN) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,766,849 shares of the bank’s stock after purchasing an additional 237,825 shares during the period. Capital International Investors owned about 0.10% of Banco Santander worth $174,839,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC grew its stake in Banco Santander by 77.4% in the first quarter. AQR Capital Management LLC now owns 419,635 shares of the bank’s stock valued at $2,812,000 after purchasing an additional 183,051 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in Banco Santander by 3.7% in the first quarter. Integrated Wealth Concepts LLC now owns 71,990 shares of the bank’s stock valued at $482,000 after purchasing an additional 2,566 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Banco Santander by 271.2% in the first quarter. Jones Financial Companies Lllp now owns 10,276 shares of the bank’s stock valued at $69,000 after purchasing an additional 7,508 shares during the last quarter. Focus Partners Wealth grew its stake in Banco Santander by 65.3% in the first quarter. Focus Partners Wealth now owns 71,169 shares of the bank’s stock valued at $477,000 after purchasing an additional 28,107 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new position in Banco Santander in the first quarter valued at about $601,000. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander Price Performance

Shares of NYSE:SAN opened at $12.17 on Tuesday. The business’s 50-day moving average is $12.06 and its 200 day moving average is $11.83. Banco Santander, S.A. has a 1 year low of $7.83 and a 1 year high of $13.24. The firm has a market capitalization of $178.70 billion, a P/E ratio of 10.05, a P/E/G ratio of 0.69 and a beta of 0.73.

Banco Santander (NYSE:SAN) last announced its earnings results on Wednesday, April 29th. The bank reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). Banco Santander had a net margin of 26.92% and a return on equity of 12.23%. The business had revenue of $17.53 billion for the quarter, compared to analyst estimates of $17.66 billion. On average, analysts expect that Banco Santander, S.A. will post 1.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Santander reiterated an “outperform” rating on shares of Banco Santander in a research note on Tuesday, May 12th. Weiss Ratings lowered Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. Royal Bank Of Canada upgraded Banco Santander from a “sector perform” rating to an “outperform” rating in a research note on Monday, February 23rd. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 23rd. Finally, Wall Street Zen raised Banco Santander from a “hold” rating to a “buy” rating in a research report on Sunday, April 26th. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Banco Santander Profile

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.