Callan Capital LLC Purchases 13,661 Shares of Banco Santander, S.A. (NYSE:SAN)

Callan Capital LLC grew its position in shares of Banco Santander, S.A. (NYSE:SAN) by 16.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,201 shares of the bank’s stock after buying an additional 13,661 shares during the quarter. Callan Capital LLC’s holdings in Banco Santander were worth $452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. R Squared Ltd bought a new position in shares of Banco Santander during the 4th quarter valued at $27,000. Sierra Ocean LLC bought a new position in Banco Santander in the 4th quarter worth $32,000. Advisors Preferred LLC bought a new position in Banco Santander in the 4th quarter worth $37,000. Wilmington Savings Fund Society FSB bought a new position in Banco Santander in the 3rd quarter worth $45,000. Finally, Joel Isaacson & Co. LLC bought a new position in Banco Santander in the 3rd quarter worth $55,000. 9.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SAN. StockNews.com raised Banco Santander from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. The Goldman Sachs Group cut Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. Finally, Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Banco Santander Trading Up 0.2 %

Shares of SAN stock opened at $6.05 on Friday. Banco Santander, S.A. has a 52-week low of $4.07 and a 52-week high of $6.19. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. The firm has a market capitalization of $91.60 billion, a PE ratio of 7.28, a PEG ratio of 0.77 and a beta of 1.12. The stock has a fifty day simple moving average of $5.05 and a two-hundred day simple moving average of $4.92.

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

Banco Santander 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.