GRATRY & Co LLC Cuts Holdings in Banco Santander, S.A. (SAN)

GRATRY & Co LLC trimmed its position in shares of Banco Santander, S.A. (NYSE:SAN) by 2.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 192,395 shares of the bank’s stock after selling 5,070 shares during the quarter. Banco Santander, makes up approximately 1.6% of GRATRY & Co LLC’s holdings, making the stock its 25th largest position. GRATRY & Co LLC’s holdings in Banco Santander, were worth $1,287,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SAN. Raymond James Financial Services Advisors Inc. boosted its position in shares of Banco Santander, by 0.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 44,299 shares of the bank’s stock worth $296,000 after purchasing an additional 160 shares in the last quarter. Winslow Evans & Crocker Inc. boosted its position in shares of Banco Santander, by 0.6% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 31,158 shares of the bank’s stock worth $208,000 after purchasing an additional 180 shares in the last quarter. Weybosset Research & Management LLC boosted its position in shares of Banco Santander, by 0.7% in the 2nd quarter. Weybosset Research & Management LLC now owns 34,247 shares of the bank’s stock worth $229,000 after purchasing an additional 241 shares in the last quarter. EagleClaw Capital Managment LLC boosted its position in shares of Banco Santander, by 0.4% in the 2nd quarter. EagleClaw Capital Managment LLC now owns 82,920 shares of the bank’s stock worth $554,000 after purchasing an additional 352 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Banco Santander, by 0.6% in the 1st quarter. HighTower Advisors LLC now owns 65,877 shares of the bank’s stock worth $399,000 after purchasing an additional 375 shares in the last quarter. 1.30% of the stock is currently owned by institutional investors and hedge funds.

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A number of analysts have recently commented on the company. BidaskClub cut Banco Santander, from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Zacks Investment Research raised Banco Santander, from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research report on Tuesday, September 26th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of Banco Santander, in a research report on Tuesday, August 15th. Finally, ValuEngine cut Banco Santander, from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $16.63.

Banco Santander, S.A. (NYSE SAN) traded down 0.6657% during trading on Friday, reaching $6.5958. The company had a trading volume of 2,584,410 shares. The stock has a market capitalization of $101.45 billion, a P/E ratio of 12.1246 and a beta of 1.38. The stock has a 50 day moving average of $6.65 and a 200-day moving average of $6.56. Banco Santander, S.A. has a 12-month low of $4.36 and a 12-month high of $6.99.

Banco Santander, (NYSE:SAN) last announced its earnings results on Friday, July 28th. The bank reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.02). The firm had revenue of $13.10 billion during the quarter. Banco Santander, had a net margin of 14.98% and a return on equity of 6.70%. On average, analysts forecast that Banco Santander, S.A. will post $0.49 earnings per share for the current fiscal year.

Banco Santander, Company Profile

Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.

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Institutional Ownership by Quarter for Banco Santander, (NYSE:SAN)

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