Sivia Capital Partners LLC Invests $229,000 in Banco Santander, S.A. (NYSE:SAN)

Sivia Capital Partners LLC acquired a new position in Banco Santander, S.A. (NYSE:SAN) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 55,412 shares of the bank’s stock, valued at approximately $229,000.

Several other hedge funds and other institutional investors have also modified their holdings of SAN. Principal Securities Inc. acquired a new stake in shares of Banco Santander in the fourth quarter worth $35,000. Glassman Wealth Services boosted its stake in Banco Santander by 56.3% during the fourth quarter. Glassman Wealth Services now owns 9,565 shares of the bank’s stock worth $40,000 after buying an additional 3,444 shares in the last quarter. Riversedge Advisors LLC acquired a new stake in Banco Santander during the fourth quarter worth $42,000. Coldstream Capital Management Inc. acquired a new stake in Banco Santander during the fourth quarter worth $42,000. Finally, Raymond James Trust N.A. acquired a new stake in Banco Santander during the fourth quarter worth $43,000. Institutional investors and hedge funds own 9.19% of the company’s stock.

Banco Santander Stock Up 2.0 %

Shares of NYSE SAN opened at $4.74 on Tuesday. The stock has a market cap of $74.93 billion, a PE ratio of 6.58, a PEG ratio of 0.40 and a beta of 1.17. The business has a fifty day moving average of $4.98 and a two-hundred day moving average of $4.49. Banco Santander, S.A. has a 52-week low of $3.32 and a 52-week high of $5.27. The company has a debt-to-equity ratio of 13.96, a quick ratio of 0.35 and a current ratio of 2.27.

Banco Santander (NYSE:SAN) last issued its quarterly earnings data on Tuesday, April 30th. The bank reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The company had revenue of $16.34 billion for the quarter. Banco Santander had a net margin of 14.98% and a return on equity of 10.95%. As a group, equities research analysts expect that Banco Santander, S.A. will post 0.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on SAN. StockNews.com downgraded shares of Banco Santander from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 12th. Barclays upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 25th.

Banco Santander Company Profile

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.