Shares of Banco Santander, S.A. (NYSE:SAN) gapped down before the market opened on Friday . The stock had previously closed at $6.93, but opened at $6.77. Banco Santander, shares last traded at $6.60, with a volume of 5306080 shares trading hands.

A number of analysts recently issued reports on SAN shares. ValuEngine cut Banco Santander, from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised Banco Santander, from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of Banco Santander, in a research report on Tuesday, August 15th. Finally, BidaskClub cut Banco Santander, from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $16.63.

The stock has a market capitalization of $96,243.45, a PE ratio of 13.20, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.38 and a quick ratio of 1.47.

Banco Santander, (NYSE:SAN) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. Banco Santander, had a return on equity of 6.86% and a net margin of 14.06%. The company had revenue of $14.39 billion during the quarter. equities research analysts predict that Banco Santander, S.A. will post 0.55 EPS for the current year.

Several large investors have recently made changes to their positions in the business. Quattro Financial Advisors LLC lifted its position in shares of Banco Santander, by 666.9% in the third quarter. Quattro Financial Advisors LLC now owns 103,496 shares of the bank’s stock worth $697,000 after buying an additional 90,000 shares during the last quarter. World Asset Management Inc lifted its position in shares of Banco Santander, by 9.7% in the third quarter. World Asset Management Inc now owns 942,461 shares of the bank’s stock worth $6,541,000 after buying an additional 83,582 shares during the last quarter. Keybank National Association OH bought a new position in shares of Banco Santander, in the third quarter worth about $107,000. American Assets Investment Management LLC increased its stake in shares of Banco Santander, by 21.0% in the third quarter. American Assets Investment Management LLC now owns 287,530 shares of the bank’s stock worth $1,995,000 after purchasing an additional 50,000 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Banco Santander, in the third quarter worth about $9,992,000. 1.32% of the stock is owned by institutional investors.

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About Banco Santander,

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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