PFW Advisors LLC Purchases Shares of 29,789 Banco Santander, S.A. (NYSE:SAN)

PFW Advisors LLC acquired a new stake in shares of Banco Santander, S.A. (NYSE:SAN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 29,789 shares of the bank’s stock, valued at approximately $136,000.

Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Banco Santander during the 3rd quarter valued at about $45,000. Brookstone Capital Management bought a new stake in shares of Banco Santander in the 3rd quarter valued at approximately $54,000. AE Wealth Management LLC purchased a new position in shares of Banco Santander in the 2nd quarter worth approximately $50,000. Joel Isaacson & Co. LLC bought a new position in shares of Banco Santander during the 3rd quarter valued at approximately $55,000. Finally, Quantinno Capital Management LP bought a new stake in Banco Santander in the third quarter worth $60,000. 9.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SAN. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 26th. StockNews.com raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th.

Banco Santander Trading Up 0.6 %

NYSE:SAN traded up $0.03 during midday trading on Monday, hitting $4.65. The stock had a trading volume of 2,640,273 shares, compared to its average volume of 3,349,296. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. The stock has a 50-day moving average of $4.69 and a 200 day moving average of $4.79. The company has a market capitalization of $73.59 billion, a price-to-earnings ratio of 5.81, a PEG ratio of 0.46 and a beta of 1.11. Banco Santander, S.A. has a one year low of $3.83 and a one year high of $5.27.

Banco Santander 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.