JPMorgan Chase & Co. lifted its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 196.9% during the 3rd quarter, reports. The fund owned 168,977 shares of the bank’s stock after acquiring an additional 112,072 shares during the period. JPMorgan Chase & Co.’s holdings in Banco Santander were worth $1,168,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC lifted its holdings in shares of Banco Santander by 4.3% during the 3rd quarter. Fisher Asset Management LLC now owns 81,383,608 shares of the bank’s stock worth $564,802,000 after acquiring an additional 3,326,541 shares during the period. Northern Trust Corp raised its holdings in Banco Santander by 1.6% in the second quarter. Northern Trust Corp now owns 13,234,508 shares of the bank’s stock valued at $88,539,000 after buying an additional 207,467 shares during the period. Parametric Portfolio Associates LLC raised its holdings in Banco Santander by 15.3% in the second quarter. Parametric Portfolio Associates LLC now owns 7,534,699 shares of the bank’s stock valued at $50,407,000 after buying an additional 997,429 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Banco Santander by 690.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,573,247 shares of the bank’s stock valued at $43,975,000 after buying an additional 5,741,913 shares during the period. Finally, Aperio Group LLC raised its holdings in Banco Santander by 3.9% in the third quarter. Aperio Group LLC now owns 4,247,776 shares of the bank’s stock valued at $29,480,000 after buying an additional 158,907 shares during the period. Institutional investors and hedge funds own 1.25% of the company’s stock.

Banco Santander, S.A. (NYSE:SAN) opened at $7.11 on Friday. Banco Santander, S.A. has a 1-year low of $5.24 and a 1-year high of $7.16. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market cap of $115,320.00, a P/E ratio of 12.93, a P/E/G ratio of 1.31 and a beta of 1.40.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Thursday, October 26th. The bank reported $0.14 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14. Banco Santander had a net margin of 14.06% and a return on equity of 6.86%. The firm had revenue of $14.39 billion for the quarter. equities analysts expect that Banco Santander, S.A. will post 0.55 EPS for the current fiscal year.

Several research analysts recently commented on SAN shares. Goldman Sachs Group upgraded shares of Banco Santander from a “neutral” rating to a “buy” rating and set a $6.20 price target on the stock in a report on Friday, November 24th. Zacks Investment Research lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Saturday, September 16th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $13.15.

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

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