Private Advisor Group LLC lifted its stake in Banco Santander, S.A. (NYSE:SAN) by 253.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,152 shares of the bank’s stock after acquiring an additional 18,037 shares during the period. Private Advisor Group LLC’s holdings in Banco Santander were worth $134,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Bank of Montreal Can lifted its stake in Banco Santander by 12.6% during the second quarter. Bank of Montreal Can now owns 1,273,475 shares of the bank’s stock valued at $6,801,000 after purchasing an additional 142,798 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Banco Santander by 31.0% during the second quarter. CIBC Private Wealth Group LLC now owns 925,994 shares of the bank’s stock valued at $4,945,000 after purchasing an additional 219,229 shares during the last quarter. Stifel Financial Corp lifted its stake in Banco Santander by 13.1% during the first quarter. Stifel Financial Corp now owns 597,932 shares of the bank’s stock valued at $3,915,000 after purchasing an additional 69,285 shares during the last quarter. GFS Advisors LLC lifted its stake in Banco Santander by 8.0% during the second quarter. GFS Advisors LLC now owns 623,477 shares of the bank’s stock valued at $3,330,000 after purchasing an additional 46,226 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Banco Santander by 928.7% during the first quarter. JPMorgan Chase & Co. now owns 1,515,777 shares of the bank’s stock valued at $9,927,000 after purchasing an additional 1,368,430 shares during the last quarter. 1.58% of the stock is owned by institutional investors.

Shares of NYSE:SAN opened at $4.98 on Friday. The company has a debt-to-equity ratio of 4.25, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $78.76 billion, a P/E ratio of 8.77, a PEG ratio of 1.21 and a beta of 1.39. Banco Santander, S.A. has a 52 week low of $4.82 and a 52 week high of $7.57.

Banco Santander (NYSE:SAN) last issued its quarterly earnings results on Wednesday, July 25th. The bank reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The business had revenue of $14.33 billion during the quarter. Banco Santander had a net margin of 13.97% and a return on equity of 7.55%. research analysts expect that Banco Santander, S.A. will post 0.55 earnings per share for the current year.

Several analysts recently commented on SAN shares. Zacks Investment Research raised shares of Banco Santander from a “sell” rating to a “hold” rating in a research note on Friday, August 17th. HSBC upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Thursday, June 14th. Finally, ValuEngine downgraded shares of Banco Santander from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $6.85.

About Banco Santander

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages, auto finance, and personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.

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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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