Kowal Investment Group LLC Invests $92,000 in Banco Santander, S.A. (NYSE:SAN)

Kowal Investment Group LLC acquired a new position in shares of Banco Santander, S.A. (NYSE:SAN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,967 shares of the bank’s stock, valued at approximately $92,000.

Several other large investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in shares of Banco Santander by 6.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 15,786,825 shares of the bank’s stock valued at $65,357,000 after acquiring an additional 892,960 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Banco Santander by 41.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 14,148,083 shares of the bank’s stock valued at $58,699,000 after purchasing an additional 4,139,669 shares during the period. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Banco Santander by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 4,824,760 shares of the bank’s stock worth $23,352,000 after purchasing an additional 834,200 shares during the period. American Century Companies Inc. raised its position in shares of Banco Santander by 6.2% in the second quarter. American Century Companies Inc. now owns 3,091,293 shares of the bank’s stock worth $14,313,000 after buying an additional 181,558 shares in the last quarter. Finally, RWA Wealth Partners LLC boosted its stake in Banco Santander by 106.2% during the first quarter. RWA Wealth Partners LLC now owns 1,691,945 shares of the bank’s stock valued at $8,189,000 after buying an additional 871,446 shares during the period. Institutional investors own 9.19% of the company’s stock.

Banco Santander Stock Down 0.8 %

NYSE SAN opened at $5.08 on Monday. The stock’s 50-day simple moving average is $4.79 and its two-hundred day simple moving average is $4.82. Banco Santander, S.A. has a twelve month low of $3.52 and a twelve month high of $5.27. The company has a market capitalization of $80.39 billion, a price-to-earnings ratio of 7.06, a PEG ratio of 0.40 and a beta of 1.14.

Banco Santander (NYSE:SAN) last issued its earnings results on Wednesday, July 24th. The bank reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $16.87 billion during the quarter. Banco Santander had a return on equity of 11.42% and a net margin of 15.35%. On average, equities analysts expect that Banco Santander, S.A. will post 0.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SAN has been the topic of several recent analyst reports. UBS Group raised Banco Santander from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 4th. StockNews.com lowered shares of Banco Santander from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 22nd.

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.