Callan Capital LLC Acquires 13,661 Shares of Banco Santander, S.A. (NYSE:SAN)

Callan Capital LLC boosted its position in Banco Santander, S.A. (NYSE:SAN) by 16.0% in the 4th quarter, Holdings Channel reports. The firm owned 99,201 shares of the bank’s stock after buying an additional 13,661 shares during the quarter. Callan Capital LLC’s holdings in Banco Santander were worth $452,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SAN. Groupama Asset Managment bought a new stake in Banco Santander in the third quarter worth about $53,000. FMR LLC lifted its stake in Banco Santander by 33.9% in the third 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 during the last quarter. Chevy Chase Trust Holdings LLC lifted its stake in Banco Santander by 106.3% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 9,101,145 shares of the bank’s stock worth $41,501,000 after purchasing an additional 4,689,461 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Banco Santander by 1.4% in the third quarter. Fisher Asset Management LLC now owns 143,585,152 shares of the bank’s stock worth $732,284,000 after purchasing an additional 2,011,150 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Banco Santander by 55.5% during the third quarter. JPMorgan Chase & Co. now owns 3,301,711 shares of the bank’s stock valued at $16,839,000 after acquiring an additional 1,178,449 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SAN shares. StockNews.com raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group downgraded shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Banco Santander Stock Performance

Shares of SAN stock opened at $6.05 on Friday. The firm has a market cap of $91.60 billion, a price-to-earnings ratio of 7.28, a PEG ratio of 0.77 and a beta of 1.12. The company’s 50 day moving average is $5.05 and its 200 day moving average is $4.92. The company has a quick ratio of 0.23, a current ratio of 2.24 and a debt-to-equity ratio of 13.83. Banco Santander, S.A. has a 52-week low of $4.07 and a 52-week high of $6.19.

Banco Santander (NYSE:SAN) last issued its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. On average, sell-side analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

About Banco Santander

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.