Banco Santander, S.A. (NYSE:SAN) Position Raised by Sivia Capital Partners LLC

Sivia Capital Partners LLC grew its position in shares of Banco Santander, S.A. (NYSE:SAN) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,130 shares of the bank’s stock after acquiring an additional 2,433 shares during the quarter. Sivia Capital Partners LLC’s holdings in Banco Santander were worth $269,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of SAN. Jump Financial LLC bought a new position in Banco Santander in the 4th quarter worth about $56,000. QRG Capital Management Inc. grew its holdings in Banco Santander by 18.3% in the 1st quarter. QRG Capital Management Inc. now owns 1,316,066 shares of the bank’s stock worth $6,370,000 after buying an additional 203,274 shares in the last quarter. Natixis Advisors L.P. increased its position in Banco Santander by 19.1% in the 4th quarter. Natixis Advisors L.P. now owns 1,106,340 shares of the bank’s stock valued at $4,579,000 after acquiring an additional 177,692 shares during the period. Oppenheimer & Co. Inc. boosted its position in Banco Santander by 30.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 959,806 shares of the bank’s stock worth $3,974,000 after acquiring an additional 221,567 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Banco Santander in the fourth quarter worth $1,221,000. Institutional investors and hedge funds own 9.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SAN shares. StockNews.com cut shares of Banco Santander from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 22nd. UBS Group upgraded shares of Banco Santander from a “hold” rating to a “strong-buy” rating in a research report on Wednesday.

Banco Santander Price Performance

SAN opened at $4.74 on Friday. The business has a 50 day moving average price of $4.76 and a two-hundred day moving average price of $4.76. The company has a market capitalization of $75.01 billion, a price-to-earnings ratio of 6.58, a price-to-earnings-growth ratio of 0.38 and a beta of 1.14. Banco Santander, S.A. has a 1-year low of $3.52 and a 1-year high of $5.27.

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

About Banco Santander

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.