Savant Capital LLC Sells 5,282 Shares of Banco Santander, S.A. (NYSE:SAN)

Savant Capital LLC lessened its position in shares of Banco Santander, S.A. (NYSE:SAN) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 111,032 shares of the bank’s stock after selling 5,282 shares during the period. Savant Capital LLC’s holdings in Banco Santander were worth $506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd bought a new stake in Banco Santander during the 4th quarter worth approximately $27,000. Advisors Preferred LLC bought a new stake in Banco Santander during the 4th quarter worth approximately $37,000. Wilmington Savings Fund Society FSB bought a new stake in Banco Santander during the 3rd quarter worth approximately $45,000. Groupama Asset Managment bought a new position in shares of Banco Santander in the 3rd quarter worth $53,000. Finally, Echo45 Advisors LLC bought a new position in shares of Banco Santander in the 4th quarter worth $53,000. Institutional investors own 9.19% of the company’s stock.

Banco Santander Price Performance

SAN stock opened at $6.02 on Monday. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. Banco Santander, S.A. has a 52 week low of $3.88 and a 52 week high of $6.06. The firm’s fifty day moving average is $4.94 and its 200 day moving average is $4.87. The firm has a market cap of $95.19 billion, a P/E ratio of 7.25, a P/E/G ratio of 0.73 and a beta of 1.12.

Banco Santander (NYSE:SAN) last released its earnings results on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%. Research analysts predict that Banco Santander, S.A. will post 0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

SAN has been the topic of a number of research analyst reports. The Goldman Sachs Group lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. StockNews.com raised shares of Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Finally, Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Banco Santander has an average rating of “Buy”.

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.