Pacer Advisors Inc. Decreases Stock Holdings in Banco Santander, S.A. (NYSE:SAN)

Pacer Advisors Inc. reduced its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 205,624 shares of the bank’s stock after selling 6,535 shares during the quarter. Pacer Advisors Inc.’s holdings in Banco Santander were worth $938,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Creative Planning increased its position in Banco Santander by 13.5% in the third quarter. Creative Planning now owns 1,341,733 shares of the bank’s stock worth $6,843,000 after purchasing an additional 159,610 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Banco Santander by 111.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 706,184 shares of the bank’s stock worth $3,602,000 after buying an additional 372,690 shares during the last quarter. FMR LLC raised its position in shares of Banco Santander by 33.9% during the 3rd quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock valued at $106,558,000 after buying an additional 5,290,236 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Banco Santander by 143.0% in the 3rd quarter. HighTower Advisors LLC now owns 345,524 shares of the bank’s stock valued at $1,757,000 after acquiring an additional 203,322 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in Banco Santander by 47.4% during the third quarter. Cerity Partners LLC now owns 668,343 shares of the bank’s stock worth $3,409,000 after acquiring an additional 214,868 shares during the last quarter. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander Trading Down 2.8 %

Shares of SAN opened at $4.95 on Tuesday. The firm’s fifty day moving average is $4.75 and its two-hundred day moving average is $4.81. The stock has a market cap of $78.26 billion, a PE ratio of 6.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.11. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. Banco Santander, S.A. has a 52-week low of $3.87 and a 52-week high of $5.27.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SAN. Morgan Stanley upgraded Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. StockNews.com lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday, January 21st.

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.