Golden State Equity Partners Grows Position in Banco Santander, S.A. (NYSE:SAN)

Golden State Equity Partners boosted its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 82,340 shares of the bank’s stock after purchasing an additional 8,457 shares during the period. Golden State Equity Partners’ holdings in Banco Santander were worth $375,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. R Squared Ltd bought a new stake in Banco Santander during the fourth quarter valued at about $27,000. Wilmington Savings Fund Society FSB purchased a new position in Banco Santander in the third quarter worth about $45,000. Groupama Asset Managment purchased a new position in Banco Santander in the third quarter worth about $53,000. Echo45 Advisors LLC purchased a new position in shares of Banco Santander during the fourth quarter valued at approximately $53,000. Finally, Brookstone Capital Management purchased a new position in shares of Banco Santander during the third quarter valued at approximately $54,000. 9.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Banco Santander Trading Down 2.8 %

SAN stock opened at $4.95 on Tuesday. The company’s 50-day simple moving average is $4.75 and its 200-day simple moving average is $4.81. 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. The firm has a market cap of $78.26 billion, a P/E ratio of 6.18, a PEG ratio of 0.62 and a beta of 1.11.

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.