Raymond James & Associates Has $6.31 Million Holdings in Banco Santander, S.A. (SAN)

Raymond James & Associates raised its position in shares of Banco Santander, S.A. (NYSE:SAN) by 21.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 964,403 shares of the bank’s stock after acquiring an additional 169,492 shares during the period. Raymond James & Associates’ holdings in Banco Santander were worth $6,307,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. KCS Wealth Advisory bought a new position in Banco Santander during the fourth quarter valued at $109,000. FCA Corp TX bought a new position in Banco Santander during the fourth quarter valued at $131,000. Bailard Inc. bought a new position in Banco Santander during the fourth quarter valued at $134,000. Capital Wealth Planning LLC bought a new position in Banco Santander during the third quarter valued at $139,000. Finally, Mariner Wealth Advisors LLC bought a new position in Banco Santander during the fourth quarter valued at $146,000. Institutional investors and hedge funds own 1.24% of the company’s stock.

NYSE SAN opened at $6.55 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.38 and a debt-to-equity ratio of 3.82. The stock has a market capitalization of $105,065.76, a PE ratio of 12.60, a P/E/G ratio of 1.29 and a beta of 1.51. Banco Santander, S.A. has a 12 month low of $5.74 and a 12 month high of $7.57.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Wednesday, January 31st. The bank reported $0.13 EPS for the quarter. The firm had revenue of $14.21 billion for the quarter. Banco Santander had a net margin of 13.66% and a return on equity of 7.21%. equities research analysts anticipate that Banco Santander, S.A. will post 0.61 earnings per share for the current year.

A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of Banco Santander from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. ValuEngine upgraded shares of Banco Santander from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 7th. Finally, Keefe, Bruyette & Woods upgraded shares of Banco Santander from a “market perform” rating to an “outperform” rating in a report on Friday, March 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $13.15.

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About Banco Santander

Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.

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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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