Banco Santander, S.A. (NYSE:SAN) Shares Bought by American Century Companies Inc.

American Century Companies Inc. increased its position in Banco Santander, S.A. (NYSE:SAN) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,091,293 shares of the bank’s stock after acquiring an additional 181,558 shares during the period. American Century Companies Inc.’s holdings in Banco Santander were worth $14,313,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Advisors Asset Management Inc. boosted its position in Banco Santander by 2.8% during the 1st quarter. Advisors Asset Management Inc. now owns 81,357 shares of the bank’s stock worth $394,000 after acquiring an additional 2,248 shares during the period. Sivia Capital Partners LLC lifted its holdings in Banco Santander by 4.4% in the second quarter. Sivia Capital Partners LLC now owns 58,130 shares of the bank’s stock worth $269,000 after purchasing an additional 2,433 shares during the period. Sage Rhino Capital LLC lifted its holdings in Banco Santander by 5.1% in the first quarter. Sage Rhino Capital LLC now owns 51,175 shares of the bank’s stock worth $248,000 after purchasing an additional 2,485 shares during the period. Cetera Advisors LLC lifted its holdings in Banco Santander by 16.1% in the first quarter. Cetera Advisors LLC now owns 20,308 shares of the bank’s stock worth $98,000 after purchasing an additional 2,822 shares during the period. Finally, Arjuna Capital lifted its holdings in Banco Santander by 4.3% in the first quarter. Arjuna Capital now owns 68,635 shares of the bank’s stock worth $332,000 after purchasing an additional 2,858 shares during the period. 9.19% of the stock is currently owned by institutional investors.

Banco Santander Stock Down 0.8 %

SAN stock opened at $5.08 on Friday. The company has a market capitalization of $80.39 billion, a P/E ratio of 7.06, a PEG ratio of 0.40 and a beta of 1.14. The company has a 50-day simple moving average of $4.79 and a 200 day simple moving average of $4.82. Banco Santander, S.A. has a fifty-two week low of $3.52 and a fifty-two week high of $5.27.

Banco Santander (NYSE:SAN) last issued its quarterly earnings results on Wednesday, July 24th. The bank reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. Banco Santander had a net margin of 15.35% and a return on equity of 11.42%. The company had revenue of $16.87 billion during the quarter. Equities analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SAN. UBS Group raised shares of Banco Santander from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 4th. StockNews.com downgraded shares of Banco Santander from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 22nd.

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.