Shares of Banco Santander SA (NYSE:SAN) have been given an average rating of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $6.00.

Several equities research analysts have recently weighed in on SAN shares. Zacks Investment Research downgraded Green Plains from a “hold” rating to a “strong sell” rating in a report on Thursday, June 27th. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.

Large investors have recently made changes to their positions in the stock. Enterprise Financial Services Corp grew its stake in Banco Santander by 85.6% in the first quarter. Enterprise Financial Services Corp now owns 5,370 shares of the bank’s stock worth $25,000 after purchasing an additional 2,477 shares in the last quarter. Global Retirement Partners LLC grew its stake in Banco Santander by 46,183.3% in the fourth quarter. Global Retirement Partners LLC now owns 5,554 shares of the bank’s stock worth $25,000 after purchasing an additional 5,542 shares in the last quarter. Cornerstone Advisors Inc. grew its stake in Banco Santander by 53.9% in the first quarter. Cornerstone Advisors Inc. now owns 7,473 shares of the bank’s stock worth $35,000 after purchasing an additional 2,616 shares in the last quarter. Harvest Group Wealth Management LLC bought a new position in Banco Santander in the first quarter worth approximately $38,000. Finally, Sontag Advisory LLC bought a new position in Banco Santander in the fourth quarter worth approximately $40,000. 1.88% of the stock is currently owned by institutional investors.

Shares of NYSE SAN traded up $0.01 during midday trading on Thursday, hitting $4.65. The company’s stock had a trading volume of 9,405,324 shares, compared to its average volume of 8,509,700. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 10.98. The business’s 50 day moving average price is $4.52. Banco Santander has a 12-month low of $4.21 and a 12-month high of $5.66. The firm has a market capitalization of $74.75 billion, a price-to-earnings ratio of 8.45, a P/E/G ratio of 4.67 and a beta of 1.15.

Banco Santander (NYSE:SAN) last issued its quarterly earnings results on Tuesday, April 30th. The bank reported $0.12 earnings per share for the quarter. Banco Santander had a return on equity of 7.28% and a net margin of 15.70%. The firm had revenue of $13.72 billion for the quarter. As a group, research analysts expect that Banco Santander will post 0.55 EPS for the current year.

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; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

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