207,427 Shares in Banco Santander, S.A. $SAN Purchased by Caprock Group LLC

Caprock Group LLC acquired a new stake in shares of Banco Santander, S.A. (NYSE:SAN) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 207,427 shares of the bank’s stock, valued at approximately $1,977,000.

Other institutional investors have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. boosted its stake in Banco Santander by 5.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 19,756 shares of the bank’s stock worth $207,000 after purchasing an additional 1,036 shares during the period. Fiduciary Financial Group LLC boosted its position in shares of Banco Santander by 6.7% in the third quarter. Fiduciary Financial Group LLC now owns 16,554 shares of the bank’s stock worth $173,000 after buying an additional 1,038 shares during the period. Stratos Investment Management LLC grew its holdings in shares of Banco Santander by 7.1% during the third quarter. Stratos Investment Management LLC now owns 15,865 shares of the bank’s stock valued at $166,000 after buying an additional 1,056 shares in the last quarter. Leavell Investment Management Inc. raised its position in Banco Santander by 6.0% during the third quarter. Leavell Investment Management Inc. now owns 19,617 shares of the bank’s stock valued at $206,000 after buying an additional 1,108 shares during the period. Finally, Gallacher Capital Management LLC lifted its stake in Banco Santander by 1.4% in the 3rd quarter. Gallacher Capital Management LLC now owns 80,790 shares of the bank’s stock worth $847,000 after acquiring an additional 1,118 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Banco Santander Price Performance

Banco Santander stock opened at $11.87 on Friday. Banco Santander, S.A. has a one year low of $5.54 and a one year high of $13.11. The company’s fifty day moving average price is $12.05 and its two-hundred day moving average price is $10.68. The company has a market capitalization of $176.61 billion, a price-to-earnings ratio of 11.75, a PEG ratio of 0.74 and a beta of 0.72.

Banco Santander (NYSE:SAN) last released its quarterly earnings results on Tuesday, February 3rd. The bank reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. Banco Santander had a return on equity of 12.14% and a net margin of 18.85%.The company had revenue of $18.90 billion during the quarter, compared to the consensus estimate of $15.89 billion. As a group, sell-side analysts anticipate that Banco Santander, S.A. will post 0.83 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Santander in a report on Wednesday, January 21st. Zacks Research lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. UBS Group lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Wall Street Zen raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Kepler Capital Markets raised Banco Santander from a “hold” rating to a “buy” rating in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Banco Santander

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.