Jane Street Group LLC Decreases Stock Holdings in Banco Santander, S.A. (NYSE:SAN)

Jane Street Group LLC decreased its stake in Banco Santander, S.A. (NYSE:SAN) by 87.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,927 shares of the bank’s stock after selling 161,609 shares during the quarter. Jane Street Group LLC’s holdings in Banco Santander were worth $122,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Brookstone Capital Management purchased a new stake in shares of Banco Santander in the 3rd quarter worth $54,000. AE Wealth Management LLC purchased a new stake in Banco Santander in the second quarter worth about $50,000. Joel Isaacson & Co. LLC bought a new position in Banco Santander during the 3rd quarter worth about $55,000. Quantinno Capital Management LP purchased a new position in Banco Santander during the 3rd quarter valued at about $60,000. Finally, B. Riley Wealth Advisors Inc. raised its holdings in shares of Banco Santander by 22.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 12,722 shares of the bank’s stock valued at $59,000 after purchasing an additional 2,303 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Banco Santander Stock Up 3.2 %

Shares of Banco Santander stock opened at $4.80 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. The company has a market cap of $75.96 billion, a P/E ratio of 6.00, a PEG ratio of 0.46 and a beta of 1.11. The firm’s 50 day moving average price is $4.68 and its 200-day moving average price is $4.79. Banco Santander, S.A. has a 52-week low of $3.83 and a 52-week high of $5.27.

Wall Street Analysts Forecast Growth

SAN has been the topic of several research reports. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. StockNews.com upgraded Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, November 28th.

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.