Ritholtz Wealth Management raised its holdings in Banco Santander, S.A. (NYSE:SAN - Free Report) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 423,105 shares of the bank's stock after acquiring an additional 53,745 shares during the period. Ritholtz Wealth Management's holdings in Banco Santander were worth $1,929,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Creative Planning increased its stake in Banco Santander by 13.5% during the 3rd quarter. Creative Planning now owns 1,341,733 shares of the bank's stock worth $6,843,000 after purchasing an additional 159,610 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Banco Santander by 111.8% during the third quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank's stock worth $3,602,000 after acquiring an additional 372,690 shares in the last quarter. FMR LLC lifted its position in Banco Santander by 33.9% in the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank's stock valued at $106,558,000 after acquiring an additional 5,290,236 shares in the last quarter. HighTower Advisors LLC boosted its stake in Banco Santander by 143.0% in the 3rd quarter. HighTower Advisors LLC now owns 345,524 shares of the bank's stock worth $1,757,000 after purchasing an additional 203,322 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Banco Santander by 47.4% in the 3rd quarter. Cerity Partners LLC now owns 668,343 shares of the bank's stock valued at $3,409,000 after purchasing an additional 214,868 shares during the period. 9.19% of the stock is currently owned by institutional investors.
SAN has been the subject of a number of research reports. Morgan Stanley upgraded Banco Santander from an "equal weight" rating to an "overweight" rating in a report on Tuesday, November 26th. StockNews.com upgraded shares of Banco Santander from a "hold" rating to a "buy" rating in a report on Thursday, November 28th.
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Shares of NYSE:SAN traded up $0.02 during trading on Friday, hitting $4.91. 1,891,173 shares of the company were exchanged, compared to its average volume of 2,849,688. The stock has a market cap of $77.62 billion, a price-to-earnings ratio of 6.13, a P/E/G ratio of 0.40 and a beta of 1.11. The company has a current ratio of 0.33, a quick ratio of 0.23 and a debt-to-equity ratio of 3.08. Banco Santander, S.A. has a fifty-two week low of $3.83 and a fifty-two week high of $5.27. The firm has a fifty day moving average price of $4.68 and a two-hundred day moving average price of $4.79.
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.
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