Banco Santander, S.A. (NYSE:SAN) Shares Purchased by Ballentine Partners LLC

Ballentine Partners LLC grew its position in Banco Santander, S.A. (NYSE:SAN) by 13.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120,819 shares of the bank’s stock after acquiring an additional 14,220 shares during the quarter. Ballentine Partners LLC’s holdings in Banco Santander were worth $551,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

A number of brokerages recently commented on SAN. StockNews.com downgraded Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th.

Banco Santander Trading Up 3.6 %

Shares of SAN stock opened at $5.04 on Friday. The firm has a market capitalization of $79.68 billion, a PE ratio of 6.29, a price-to-earnings-growth ratio of 0.60 and a beta of 1.11. The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.23 and a current ratio of 0.33. Banco Santander, S.A. has a 1 year low of $3.83 and a 1 year high of $5.27. The stock has a fifty day moving average of $4.70 and a two-hundred day moving average of $4.80.

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.