Banco Santander, S.A. (NYSE:SAN) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in Banco Santander, S.A. (NYSE:SAN) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 569,528 shares of the bank’s stock after purchasing an additional 23,271 shares during the period. Bank of New York Mellon Corp’s holdings in Banco Santander were worth $2,637,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC grew its stake in Banco Santander by 41.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 14,148,083 shares of the bank’s stock worth $58,699,000 after buying an additional 4,139,669 shares during the last quarter. BNP Paribas Financial Markets raised its position in Banco Santander by 658.7% in the 4th quarter. BNP Paribas Financial Markets now owns 1,072,836 shares of the bank’s stock valued at $4,442,000 after purchasing an additional 931,429 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Banco Santander by 6.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 15,786,825 shares of the bank’s stock worth $65,357,000 after purchasing an additional 892,960 shares during the last quarter. RWA Wealth Partners LLC increased its stake in Banco Santander by 106.2% in the first quarter. RWA Wealth Partners LLC now owns 1,691,945 shares of the bank’s stock valued at $8,189,000 after purchasing an additional 871,446 shares during the period. Finally, Teachers Retirement System of The State of Kentucky raised its holdings in shares of Banco Santander by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 4,824,760 shares of the bank’s stock valued at $23,352,000 after buying an additional 834,200 shares during the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. UBS Group raised Banco Santander from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 4th. StockNews.com lowered Banco Santander from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 22nd.

Banco Santander Stock Performance

SAN stock opened at $4.97 on Tuesday. The stock has a market capitalization of $78.57 billion, a PE ratio of 6.90, a price-to-earnings-growth ratio of 0.38 and a beta of 1.14. The company has a fifty day moving average of $4.77 and a 200-day moving average of $4.80. Banco Santander, S.A. has a one year low of $3.52 and a one year high of $5.27.

Banco Santander (NYSE:SAN) last announced its quarterly earnings data on Wednesday, July 24th. The bank reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. Banco Santander had a net margin of 15.35% and a return on equity of 11.42%. The firm had revenue of $16.87 billion during the quarter. Equities analysts forecast that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal year.

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.