Banco Santander, S.A. (NYSE:SAN) Shares Sold by Optas LLC

Optas LLC lowered its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 22.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,403 shares of the bank’s stock after selling 6,609 shares during the quarter. Optas LLC’s holdings in Banco Santander were worth $102,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Golden State Equity Partners raised its holdings in shares of Banco Santander by 11.4% in the fourth quarter. Golden State Equity Partners now owns 82,340 shares of the bank’s stock worth $375,000 after buying an additional 8,457 shares during the last quarter. Waldron Private Wealth LLC raised its stake in Banco Santander by 101.7% in the 4th quarter. Waldron Private Wealth LLC now owns 28,890 shares of the bank’s stock worth $132,000 after acquiring an additional 14,566 shares during the last quarter. GFS Advisors LLC acquired a new stake in Banco Santander during the 4th quarter worth about $124,000. Caprock Group LLC grew its stake in Banco Santander by 4.7% during the 4th quarter. Caprock Group LLC now owns 184,219 shares of the bank’s stock valued at $840,000 after purchasing an additional 8,196 shares during the last quarter. Finally, OLD National Bancorp IN raised its stake in shares of Banco Santander by 7.6% in the fourth quarter. OLD National Bancorp IN now owns 33,952 shares of the bank’s stock worth $155,000 after purchasing an additional 2,392 shares during the last quarter. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SAN. StockNews.com lowered Banco Santander from a “buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th.

Banco Santander Stock Up 3.7 %

Shares of SAN opened at $5.14 on Wednesday. The company has a market capitalization of $81.26 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 0.62 and a beta of 1.12. Banco Santander, S.A. has a 52 week low of $3.87 and a 52 week high of $5.27. The stock’s 50-day moving average price is $4.75 and its 200-day moving average price is $4.81. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08.

Banco Santander 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.