Sanibel Captiva Trust Company Inc. Has $200,000 Stake in Banco Santander, S.A. (NYSE:SAN)

Sanibel Captiva Trust Company Inc. cut its holdings in Banco Santander, S.A. (NYSE:SAN) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,964 shares of the bank’s stock after selling 2,798 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in Banco Santander were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SAN. Wilmington Savings Fund Society FSB bought a new stake in Banco Santander in the third quarter worth approximately $45,000. AE Wealth Management LLC acquired a new position in shares of Banco Santander during the 2nd quarter valued at $50,000. Groupama Asset Managment bought a new position in shares of Banco Santander during the 3rd quarter worth about $53,000. Brookstone Capital Management acquired a new position in Banco Santander during the 3rd quarter worth approximately $54,000. Finally, Joel Isaacson & Co. LLC acquired a new stake in Banco Santander in the third quarter valued at approximately $55,000. 9.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SAN has been the subject of a number of recent research reports. StockNews.com upgraded shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th.

Banco Santander Stock Up 0.3 %

SAN opened at $4.91 on Monday. 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 market capitalization of $77.62 billion, a P/E ratio of 6.13, a PEG ratio of 0.40 and a beta of 1.11. The company’s 50-day moving average is $4.68 and its 200 day moving average is $4.80. The company has a debt-to-equity ratio of 3.08, a current ratio of 0.33 and a quick ratio of 0.23.

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.